CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQ December 2022: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Insolvency, Liquidation & Winding-up
PYQS Series
December 2022
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 2022). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- A Ltd. is engaged in the business of manufacturing designer clothes. Due to lower demand during the COVID-19 period, the company started facing financial difficulties. The company
- Discuss the obligations of Merchant Banker under SEBI (Buy-back of Securities) Regulations, 2018.
- Regardless of their category or structure, all mergers and acquisitions have one common goal – 'they are all meant to create synergy that makes the value of the combined companies
- Plasma Ltd. is contemplating making an open offer to acquire shares of Tic Toc Ltd. Director of Plasma Ltd. has approached you to understand that in the event of non-fulfilment of
- Zoom Ltd. engaged in the business of software development is contemplating raising finance through ECB route. Explain different variants of ECB and the tenure for which the ECB can
- Approval of the National Company Law Tribunal in relation to a scheme of arrangement involving merger is a conclusive proof that the merger has become successful and will yield des
- Briefly describe the methods which are used for valuation of intangible assets.
- Kiran is a recently qualified lawyer who intends to appear before the National Company Law Tribunal (NCLT). Advise her on basic principles that shall be kept in mind while drafting
- Explain the term 'Economic Value Added'. Consider the facts below and determine whether the company is creating wealth or destroying wealth ? Weighted average cost of capital 16.30
- Prepare a specimen disclosure to be made in accordance with Regulation 6(3) of SEBI (Issue of Sweat Equity Shares) Regulations, 2002. Suitable assumptions may be taken.
- Auditor of Jumbo Ltd. has informed following to the Board of directors : (i) Tax neutrality of a demerger may get affected on adoption of IND-AS 103. Examine the correctness of the
- Auditor of Jumbo Ltd. has informed following to the Board of directors : (ii) Appointed Date has lost relevance if a company accounts the transaction in accordance with IND-AS 103.
- Board of directors of A Ltd. is evaluating merger of B Ltd. (wholly owned subsidiary of A Ltd.). B Ltd. has large parcels of land and several buildings in the same cities. Company
- Define demerger as per section 2(19AA) of the Income-tax Act, 1961.
- Explain the powers and functions of registrar under Rule 16 of National Company Law Appellate Tribunal Rules, 2016.
- Explain De Minimis Exemption under the Competition Act, 2002.
- State any five laws that were amended by Insolvency and Bankruptcy Code, 2016.
- Explain the term 'Financial Debt' as defined under the Insolvency and Bankruptcy Code, 2016.
- The Resolution Professional (RP) of a company receives a request from a member of the Committee of Creditors (CoC) (holding 30% share in the CoC) on 1st July, 2022 at 5.30 PM to co
- Consider the following scenarios and examine whether the following resolutions stand approved in the meeting of the Committee of Creditors ? S. No. Agenda Item % of members in valu
- Managing Director of Nimbo Ltd. (undergoing CIRP) states that since the powers of the Board of directors are suspended, he cannot be forced to perform duties as included in his emp
- Ram is appointed as Interim Resolution Professional of CoCo Ltd. During the first meeting of the Committee of Creditors, he has stated that being a person from engineering backgrou
- Roco Ltd. is undergoing Corporate Insolvency Resolution Process (CIRP). In order to achieve the objective of value maximisation, the Resolution Professional of Roco Ltd. is contemp
- Distinguish between Insolvency Commencement Date and Initiation of CIRP citing relevant case law(s).
- IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, lists down the mandatory contents of the resolution plan. Explain.
- Elaborate the circumstances in which a liquidator can be removed by the Tribunal.
- As per Rule 6 of Security Interest (Enforcement) Rules, 2002, list down the terms and conditions which are required to be uploaded on the website of the secured creditor by the aut
- Explain salient features of Chapter 11-Reorganization under US Bankruptcy Code.
- What are the procedural requirements for issuance of Public Notice under Section 102 of the Insolvency and Bankruptcy Code, 2016?
- A practicing lawyer has sought your advice whether it is possible to terminate pre-packaged insolvency resolution process under Insolvency and Bankruptcy Code, 2016. Comment.
- "Though the procedure to be followed for voluntary liquidation proceedings under Chapter V is largely similar to the procedure to be followed for insolvent liquidation under Chapte
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