CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQ December 2020: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Insolvency, Liquidation & Winding-up
PYQS Series
December 2020
31 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 2020). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Mango Communications Ltd. is a new company that is willing to take over Telecommunications licenses to operate in 20 telecom circles and get itself listed on stock exchange but pre
- It is said that 'corporate restructuring' always has motives. Elaborate on the 'financial motives' that are prevalent?
- John Ltd. is in the process of taking over Tony Ltd. Turnover of Tony Ltd as per latest financial statements is ₹800 Crore and assets value is ₹280 Crore. There are no material cha
- The Paid up Equity Share Capital of Zumba Ltd. is 1,00,000 shares of ₹10 each as on 1 st April 2019. The promoters hold 37000 shares as on 1 st April 2018, which is 37% of the paid
- Payment of stamp duty under Indian Stamp Act, 1899 is required even in cases of orders made by National Company Law Tribunal (NCLT) in terms of Section 230 to 240 of the Companies
- 'Buy-back strategy' is nowadays being adopted by leading corporate bodies. Mention one case that has happened recently specifying the benefits of buy-back?
- "Competition Commission of India takes into consideration various factors while assessing the adverse effect on competition." Analyse briefly.
- Ram Ltd. is considering Merger with Shyam Ltd. Ram Ltd. shares are currently traded at ₹20. It has 1,70,000 shares and its Profit After Taxes (PAT) amounts to ₹8,50,000. Shyam Ltd.
- Ram Ltd. is considering Merger with Shyam Ltd. Ram Ltd. shares are currently traded at ₹20. It has 1,70,000 shares and its Profit After Taxes (PAT) amounts to ₹8,50,000. Shyam Ltd.
- A meeting of members of Jwala International Ltd. was held as per the Orders of the Tribunal for considering a scheme of compromise and arrangement in which 300 members holding 10,0
- Woodland Telecommunications Ltd., listed with National Stock Exchange, is willing to acquire the business of Iron Finance Ltd., a Non-banking Financial Company listed with BSE thro
- Between outbound merger and inbound merger, which one appears more beneficial to Corporate India ?
- Is External Reconstruction superior to Internal Reconstruction ?
- Suggest the regulations to be referred to in respect of Combinations under the Competition Act, 2002.
- "It would be almost impossible to use the Packman Defence in India." Comment.
- "There are certain practicalities which should be kept in mind while entering into a cross border merger." Briefly comment.
- Corporate Insolvency Resolution Process (CIRP) against A Ltd. was initiated on application by its financial Creditors but the process was not completed within the time limit prescr
- Laxmi Bank Ltd. acquired 10 per cent convertible debentures in Bhaskar Ltd. In terms of the issue in the year 2012 these debentures were converted into the equity shares in Bhaskar
- Deepak was appointed as Interim Resolution Professional (IRP) by Adjudicating Authority on 1 st July 2019 in respect of Corporate Debtor Bingo Ltd. Bingo Ltd. failed to file return
- Omega Ltd. is a securitisation and reconstruction Company in terms of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI
- A bank took over the management of a Company in terms of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) and appoint
- How could the rights of dissenting shareholders to a scheme of merger be resolved?
- What are the powers and obligations of a Liquidator regarding 'uncalled capital' or 'unpaid capital contribution'?
- Are there any grounds to appeal against the approval of Resolution Plan by the Adjudicating Authority in terms of Insolvency and Bankruptcy Code, 2016?
- "The procedure for application to initiate Insolvency Resolution Process against a Corporate Debtor by operational creditor differs with application by financial creditors." Explai
- United Nations Commission on International Trade (UNCITRAL) demonstrated as Guiding Role in respect of Insolvency Laws in Member Nations-Comment.
- Ganga Infrastructure Ltd. is an Indian Company with its Registered office at New Delhi. Michle Inc is an incorporated company in New York. Ganga Infrastructure Ltd. proposes to mer
- "Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI)" is a legislation for fast recovery of debt by the secured creditor
- Elucidate briefly the process of Notification to Foreign Creditors as per United Nations Commission on International Trade (UNCITRAL) Model Law.
- As an Interim Resolution Professional (IRP) how could you constitute the Committee of Creditors of a Corporate Debtor (CD) having only operational creditors or all financial credit
- Briefly comment on the rights of Secured Creditors in a Repayment Plan under Section 105 of the Insolvency and Bankruptcy Code, 2016.
How to Prepare for CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up
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