CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQ December 2019: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Insolvency, Liquidation & Winding-up
PYQS Series
December 2019
30 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQS (December 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Elucidate the requirement of registration of offer of schemes involving transfer of shares under the Companies Act, 2013.
- The accounting treatment of Mergers and Acquisitions has undergone a drastic change with the introduction of IND-AS 103 Business Combination. Comment.
- It is generally accepted that all mergers and acquisitions have one common goal regardless of their category or structure. Give your opinion indicating the benefits that companies
- Draft a checklist for a transferee company in the process of Takeover.
- Discuss the provision relating to appeal by a person aggrieved by the orders of National Company Law Tribunal.
- Differentiate between Inbound merger and Outbound merger. What are the laws governing Cross-border mergers in India?
- XYZ Ltd. is a company listed on the National Stock Exchange. The latest audited financial position of XYZ Ltd. is as under: (Amount in ₹ crore) Paid up equity capital 442, Free Res
- What is the entitlement of dissenting shareholders in case of amalgamation between banking companies? What are the information and documents required to be submitted by the banking
- "A business valuation involves logical application/analysis of historical/future tangible and intangible attributes of business". Do you agree with this statement? What are the asp
- You are the Company Secretary of PQR Ltd. The Board of the company is opting for reduction in the share capital of the company without seeking the approval of the Tribunal. How wou
- What are the details to be disclosed under the explanatory statement of the notice of the meeting in respect of the scheme of compromise or arrangement?
- What are the various stages involved in the merger of a company under the Companies Act, 2013?
- How goodwill and capital reserve are differentiated as per AS-14?
- What are the kinds of Takeovers practiced in the business world?
- Define capital assets as per Income Tax Act, 1961.
- What are the contents of the report to be submitted to the Tribunal by the Company Liquidator against the winding up order issued by the Tribunal under section 281(1) of the Compan
- Explain the procedure to be followed by the Adjudicating Authority on receipt of an application by the financial creditor for initiation of corporate insolvency resolution process.
- The moratorium shall not apply to a surety in a contract of guarantee to a corporate debtor. Do you agree with this? What is the effect of the order of moratorium? What are the pur
- Explain the objective and procedural requirements for issuance of Public Notice under section 102 of the Insolvency and Bankruptcy Code, 2016.
- Under what circumstances the Certificate of Registration of an Asset Reconstruction Company issued under SARFAESI Act, 2002 can be cancelled?
- Explain the changes brought about in section 30 of Insolvency and Bankruptcy Code, 2016 by the Insolvency and Bankruptcy (Second Amendment) Act, 2018.
- Sun Finserve Ltd., a financial-cum-operational creditor to a corporate debtor is aggrieved by the action of the resolution professional. Suggest the measures available to the compa
- X Ltd., a corporate debtor owes to Y Ltd. ₹100 lakh on account of unsecured loan @ 10% per annum and ₹35 lakh towards raw material supplied by Y Ltd. Determine status of Y Ltd. in
- The liquidator shall ordinarily sell the assets of the corporate debtor through auction method. Opine whether the liquidator can sell assets by a route other than auction method?
- The procedure to be followed for voluntary liquidation proceedings is largely similar to the procedure to be followed for insolvent liquidation. However, there are differences betw
- The Resolution Professional has reported cases of undervalued transactions during resolution process to the Adjudicating Authority. What orders can be passed by the Adjudicating Au
- An insolvency professional shall be eligible to be appointed as a liquidator if he, and every partner or director of the insolvency professional entity of which he is a partner or
- As per section 25(2) of the Insolvency and Bankruptcy Code, 2016, the Resolution Professional shall undertake actions in order to preserve and protect the assets of the corporate d
- Discuss the provisions dealing with cases involving cross-border insolvency under the Insolvency and Bankruptcy Code, 2016.
- You are the liquidator of ABC Ltd. which is currently undergoing liquidation process. As a liquidator, indicate how you will handle the priority of claims for distribution of liqui
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