CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQ June 2022: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Insolvency, Liquidation & Winding-up
PYQS Series
June 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 (June 2022). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- "One of the ways of Corporate Restructuring is through market restructuring." Explain with some recent corporate examples as to how this type of restructuring is undertaken.
- "A company may merge with a Foreign Company, only if it is incorporated in any of the Jurisdictions specified under Rule 25A, of the Companies (Compromises, Arrangements and Amalga
- "Profit on slump sale is a Capital Receipt." Explain and support the statement through decided Case Laws.
- National Company Law Tribunal (NCLT) has the powers to entertain and adjudicate upon certain matters under the Companies Act, 2013. Describe at least 10 such sections under which N
- Critically examine the criteria considered by Competition Commission of India, before sanctioning or approving a Combination.
- What are the types of valuation for a start-up unit? Give any five methods.
- X Ltd. is considering the proposal to acquire Y Ltd. and their financial information is given below : Particulars X Ltd. Y Ltd. No. of Equity Shares 1000000 600000 Market price per
- X Ltd. is considering the proposal to acquire Y Ltd. and their financial information is given below : Particulars X Ltd. Y Ltd. No. of Equity Shares 1000000 600000 Market price per
- "The valuation of shares is not only a question of facts, but also arises out of technical & complex issues." Comment and analyse with the help of decided case laws.
- "An unlimited company can reduce the share capital of the company in a manner specified in the Article of Association of the company without confirmation of NCLT." Comment. List ou
- Often reputed companies appoint joint valuers for fair valuation of the company. Explain the procedure and purpose of joint valuation.
- "An acquirer made an open offer to acquire shares. He subsequently withdrew the offer." Can he do so? If yes, what are the circumstances under which he can do so? What is the proce
- Constitution of National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) has provided various new opportunities for Practicing Company Secretaries (
- What are "Equity Carve-Outs"? Explain with suitable examples.
- Briefly state the effect of non-receipt of approvals or conditions enumerated in the scheme of amalgamation.
- Does any tax concessions accrue to a foreign company in case of demerger?
- State the eligibility requirement for a debtor for the purpose of making an application for a fresh start process under the Insolvency and Bankruptcy Code, 2016.
- "Home buyers can initiate corporate insolvency process." Comment.
- During the course of liquidation the liquidator noticed that some preferential transactions were made with some persons. What do you understand by preferential transactions? State
- Distinguish between winding up under the Companies Act, 2013 and liquidation in terms of the Insolvency and Bankruptcy Code, 2016.
- "The word 'Insolvency' and 'Bankruptcy' are generally used interchangeably in common parlance, but there is marked difference between the two." Explain.
- "The Insolvency and Bankruptcy Code, 2016 will prevail over the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act,
- What does the 'Insolvency Resolution Process Costs' mean under the Insolvency and Bankruptcy Code, 2016? Elaborate.
- "Insolvency codes are not applicable to financial services." Examine this statement.
- 'E-auction i.e. Auction on an online portal is fool proof method.' Discuss and describe the steps taken for auction under the Insolvency and Bankruptcy Code, 2016.
- "The Insolvency Profession offers a challenging opportunity to the professional members as an Insolvency Professional plays a central role in the effective implementation of the In
- "A person convicted of any offence punishable with imprisonment for five years under any Act specified in the Twelfth Schedule of the Insolvency and Bankruptcy Code, 2016 is not el
- Explain the measures provided to the secured creditor for taking possession and selling the secured asset in terms of Section 14 of the Securitisation and Reconstruction of Financi
- "UNCITRAL Model Law is not a law in its own right and has no force." Comment.
- What are the provisions governing corporate debtor's eligibility to Pre-packaged Insolvency Resolution Process.
- An application filed before National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016 can be withdrawn before admission but not after admission. Discuss.
How to Prepare for CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up
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