CS Professional Corporate Restructuring, Insolvency, Liquidation & Winding-up PYQ June 2024: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Insolvency, Liquidation & Winding-up
PYQS Series
June 2024
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 (June 2024). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- “Corporate Restructuring is the process of significantly changing a company's business model, management team or financial structure to address challenges and increase shareholders
- Upon public announcement by an Acquirer, the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 places certain obligations on the Target Company. Comment.
- The projected Cash Flow of ABC Limited is as following: Year Cash Flow DCF@20% 1 700000 0.833 2 900000 0.694 3 1100000 0.578 4 1300000 0.482 5 1500000 0.401 Assuming the Discount R
- “Courts look into fair and reasonbleness of any scheme of Compromise or arrangement made in good faith and mere complaint of minority Oppression does not suffice”. Justify the stat
- “Amount standing in the credit of the Escrow Account created pursuant to the Securities and Exchange Board of India (Substantial Acquisition and Takeover) Regulations, 2011 in case
- Soham Limited is proposing to purchase Aham Limited. Information available for both the companies are as follows: Soham Limited Aham Limited Paid up share capital 5,00,000 equity s
- A clean and clear drafting of the Petition is required to be submitted to the NCLT, which would make process easier. Elaborate the standard guidelines for presenting an application
- “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
- Zen Limited is proposing to take over Ken Limited at an exchange ratio of 4: 5.Following information is available for the companies: Zen Limited Ken Limited Profit before Tax (in c
- A Ltd. was a listed company with Kanpur Stock Exchange but delisted in 2012. In the year 2017, the Board passed a resolution approving a scheme of arrangement and petitioned before
- Explain the term “relevant geographic market” and “relevant product market” in terms of the Competition Act, 2002.
- “Stamp Duty is exempted when amalgamation is between Holding and Subsidiary Companies”. Comment.
- Internal accruals are an important source of funding mergers and takeovers. Comment on the statement with reference to issue of equity instruments with differential voting rights.
- Mention anticipated benefits and challenges for business ventures involving Cross Border Mergers.
- NCLT and NCLAT have opened a plethora of opportunities for Company Secretary in practice. Comment.
- Committee of Creditors of ABC Limited undergoing CIRP have approved a Resolution Plan with 75% vote. The Resolution Plan has been presented to NCLT for its approval thereof. Howeve
- Mr. X, is a Director and holds 15 percent shares in HRK Limited and 1 percent equity share in ABC Limited, and his father, Mr. Y holds 3 percent equity shares in ABC Limited, subse
- Explain the provisions pertaining to termination of pre-packaged insolvency resolution process.
- “Corporate Insolvency Resolution Process (CIRP) shall be mandatorily completed within 330 days”. Comment.
- Extreme Finance Limited wants to take possession of immovable property belonging to Amar pursuant to an order of Debt Recovery Tribunal (DRT). Discuss whether it can take assistanc
- State the situations under which the Adjudicating Authority can order liquidation of a corporate person in terms of Insolvency & Bankruptcy Code, 2016 (IBC)
- “Though the procedure to be followed for voluntary liquidation proceedings under Chapter III is largely similar to the procedure to be followed for insolvent liquidation under Chap
- “Section 29A was introduced in the Insolvency and Bankruptcy Code, 2016 to prevent certain persons from applying as resolution applicant.” Comment.
- The liquidator is equipped with the powers to take possession of assets of the Corporate Debtor under liquidation forming part of liquidation estate yet some Assets need to be excl
- The Resolution Professional of Arc Private Limited has to issue notice of meeting of Committee of Creditors. Specify: Category of persons entitled to receive notice of the meeting.
- Under section 80 of Insolvency and Bankruptcy Code, 2016, a person unable to pay a “Qualifying Debt” can apply for “fresh start process” subject to fulfillment of certain condition
- “Any modification suggested by creditors need consent of the debtor in respect of Repayment plan in case of individual or firm solvency.” Comment briefly on the statement narrating
- Enumerate the measures under Regulation 37 of CIRP that can be provided under a Resolution Plan for maximization of value of assets of the Corporate Debtor. Can a Resolution Plan e
- Of late, Insolvency and Bankruptcy Code, 2016 has provisions to tackle the issue of Cross Border Insolvency. Justify the statement with any recent case law.
- Who can be an Interim Resolution Professional (IRP), a Resolution Professional (RP), a Liquidator or a Voluntary Liquidator under Insolvency and Bankruptcy Code, 2016? Briefly enum
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