CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQ June 2023: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Insolvency, Liquidation & Winding-up
PYQS Series
June 2023
33 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 2023). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Explain the provision relating to 'Discovered Price' under the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
- ABC Textiles Ltd., a listed company, is in the process of merger with XYZ Yarn Ltd., not being a listed company. As the Company Secretary of ABC Textiles Ltd., advise on importance
- The need for achieving economic growth and economies of scale are the main reasons for which the cross border mergers take place. Explain the parameters used for assessing post-mer
- PQR Ltd. is a company listed on the Bombay Stock Exchange. The latest audited financial position of PQR Ltd. is as under: Paid up equity capital ₹ 884 Free Reserves ₹ 40,694 Total
- 'Grown jewel' strategy as a defense mechanism for hostile takeover is almost impossible to be used in India. Explain.
- Hunny Ltd. is considering merger with Bunny Ltd. Hunny Ltd. has 3,40,000 shares with current market price at ₹ 20 per share and its Profit After Taxes (PAT) amounts to ₹ 17,00,000.
- Hunny Ltd. is considering merger with Bunny Ltd. Hunny Ltd. has 3,40,000 shares with current market price at ₹ 20 per share and its Profit After Taxes (PAT) amounts to ₹ 17,00,000.
- Explain the provision relating to extra territorial jurisdiction of the Competition Commission of India.
- The Competition Commission of India has power to initiate investigation of combination under section 29 of the Competition Act, 2002. What are the different stages involved in the
- Zed Ltd. got demerged and the resulting company Zen Ltd. was formed. It was a demerger within the meaning of section 2(19AA) of the Income-tax Act, 1961. As a Company Secretary, ad
- From the following information related to Wise Ltd., calculate: (a) EBITA Net tangible assets ₹ 600 lakh Operational Revenue ₹ 1,120 lakh Employment Cost (including one time paymen
- From the following information related to Wise Ltd., calculate: (b) PAT Net tangible assets ₹ 600 lakh Operational Revenue ₹ 1,120 lakh Employment Cost (including one time payment
- From the following information related to Wise Ltd., calculate: (c) Super profit Net tangible assets ₹ 600 lakh Operational Revenue ₹ 1,120 lakh Employment Cost (including one time
- The National Company Law Tribunal and the National Company Law Appellate Tribunal shall not be bound by the procedure laid down in the Code of Civil Procedure, 1908. Explain.
- An open offer for acquiring shares once made shall not be withdrawn except under specified circumstances under the Securities and Exchange Board of India (Substantial Acquisition o
- What do you understand by the Competition Test ?
- Between Inbound merger and Outbound merger, which one appears more beneficial to corporate India? Give reasons in support of your answer.
- Explain the meaning of 'Offer Period' and 'Tendering Period' under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Discuss the effect of moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016.
- A corporate debtor is provided immunity from the liability for offences committed prior to initiation of Corporate Insolvency Resolution Process. Explain the legal provision.
- The Insolvency and Bankruptcy Code, 2016 is one of the biggest economic reforms in India. Comment. Also, state key objectives and preamble of the Insolvency and Bankruptcy Code, 20
- 'A resolution plan shall provide for the measures, as may be necessary, for insolvency resolution of the corporate debtor for maximization of value of its assets'. Discuss the meas
- What shall not be included in the liquidation estate assets under the Insolvency and Bankruptcy Code, 2016?
- Explain the general duties of a debtor under the Fresh Start Process.
- An interim resolution professional appointed under the provisions of the Insolvency and Bankruptcy Code, 2016 shall take control and custody of any asset over which the corporate d
- A default in financial debt has arisen on September 20, 2020. Can a petition be filed in May, 2023 for the same? Explain the legal provision with the help of decided case law.
- A bank took over the management of XYZ Ltd., in terms of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and appointed six dire
- Corporate Insolvency Resolution Process (CIRP) against XYZ Ltd. was initiated on application by its Financial Creditors on September 21, 2019 but the process was not completed with
- An insolvency professional shall be eligible to be appointed as a liquidator for Voluntary Liquidation process if he and every partner or director of the insolvency professional en
- Under the Insolvency and Bankruptcy Code, 2016, a public announcement of the initiation of the corporate insolvency resolution process for the corporate debtor is required. What in
- What are the duties of Resolution Professional during the Pre-Packaged Insolvency Resolution Process ?
- Explain the effects of recognition of foreign main proceedings under the UNCITRAL Model Law on Cross Border Insolvency.
- Discuss about the acquisition of Bhushan Steel Ltd. by Tata Steel Ltd.
How to Prepare for CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.