CS Professional Corporate Restructuring, Valuation and Insolvency PYQ December 2015: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
December 2015
28 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Corporate Restructuring, Valuation and Insolvency PYQS (December 2015). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Blueberry Ltd., a subsidiary of Greenberry Ltd., merged with its holding company. Greenberry Ltd. was holding 92% equity shares in merged subsidiary company. The management of hold
- The Competition Commission of India has power to initiate investigation for any combination and there is set procedure for the same under section 29 of the Competition Act, 2002. M
- The Board of directors of Bright Electronics Ltd. (BEL) has decided to amalgamate with Comfort Electricals Ltd. (CEL) which is the holding company of BEL. In order to fasten their
- Sameer, an acquirer along with persons acting in concert (PACs) is holding 23% shares in Purpleberry Ltd. (a BSE listed company). Now, he intends to acquire 3% additional equity sh
- Metal Ltd. (transferee company) filed a petition under sections 391 to 394 of the Companies Act, 1956 for approval and sanction of the scheme of reconstruction, arrangement and dem
- 'Crown jewel' strategy for prevention of takeover bids is not a successful tool in Indian context. Comment.
- The voting rights of Vaibhav Pharma Ltd. (VPL) which is one of the promoter company of Poorvi Adhesive Ltd. (PAL) has increased beyond 75% of the total paid-up capital of the compa
- Success of a merger depends upon various factors. What are the factors relevant in evaluating the effectiveness of a merger?
- Delta Overseas Ltd., an industrial company incorporated in the year 2009, has merged with Mars India Ltd. Mention the tax benefits available to the remaining entity namely Mars Ind
- CIPL, a non-banking finance company, had submitted an application for approval of a scheme of arrangement under section 391 of the Companies Act, 1956 before the High Court. Soham,
- Comment on the following: Applicability of Accounting Standard (AS) - 14 for amalgamation.
- Comment on the following: Issue of preference shares to persons outside India under external commercial borrowing (ECB) guidelines.
- Comment on the following: Compulsory acquisition of shares of minority shareholders of unlisted companies.
- Distinguish between 'demerger' and 'slump sale'.
- Explain the pricing of shares issued under FDI Policy, 2015 to persons resident outside India by an Indian company.
- The share capital of Suraj Ltd. is ₹1,00,00,000 (60,000 equity shares of ₹100 each and 4,00,000, 12.5% preference shares of ₹10 each). The company has earned a profit of ₹65,00,000
- "Super profits are calculated as the difference between maintainable future profits and the return on net assets." Comment.
- The Wind Urja Ltd. (WUL) is a closely held unlisted company with financial details as under: Assets Market Value on 31.03.2015 (₹ in lakh) Land and building 6,500 Plant and machine
- You are a Company Secretary of Modern India Ltd., which is planning to go for an IPO. The Managing Director of your company asked you to advise about the differential pricing norms
- Write a note on the procedure adopted by the government when amalgamation of government companies is in public interest.
- Genre Ltd. having registered office at Noida (U.P.) entered into an agreement with Parsu Trading for supply of raw material worth ₹2 crore. It was clearly mentioned in the agreemen
- In relation to insolvency laws, mention four reforms carried out in India in 21st Century.
- Fair Deal Ltd. (FDL) is aggrieved by the order of the Debt Recovery Tribunal (DRT). The management of FDL has decided to file an appeal against the order of DRT. Advise.
- Labour union of MG Textile Ltd. (MGL) filed a winding-up petition for unpaid wages of workmen. Will the petition be maintainable? Based on case laws, give your opinion as to the wo
- Auto Components Ltd. (ACL), an industrial company became sick and the Board of directors of the company referred it to the BIFR on 15th March, 2013. Credit Bank Ltd. (CBL), a secur
- Lalit Hardware Ltd. (LHL) was ordered to be wound-up and Nayan was appointed as the official liquidator. The official liquidator sought to sell the goods, which were imported by av
- Mention the effects of recognition of foreign main proceedings under the UNCITRAL Model Law.
- Subrata, one of the guarantors for debt facilities taken by Krishna Ltd., is aggrieved against the order of recovery officer of the Debt Recovery Tribunal (DRT). He intends to init
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