CS Professional Corporate Restructuring, Valuation and Insolvency PYQ December 2017: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
December 2017
29 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 2017). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- "Corporate Restructuring aims at significant change in a Company's business model, management team or financial structure to address challenges and increase shareholders' value." E
- "Restructuring is resorted to in various forms with objectives such as profitability improvement, augmenting more resources, relief from competition and methods take the forms like
- "Scheme of Reconstruction pursuant to order of competent authority does not trigger open offer under SEBI (SAST) Regulations." Explain the regulation with reference to any event oc
- As a Company Secretary, one should advice the Board regarding compliances under various legislations. Refering the cases of mergers or amalgamations, state the circumstances that w
- "Events taking place outside India but having an effect on competition in India is also subject to jurisdiction of Competition Commission of India." Comment on extra territorial ju
- State the distinctive features of Ind AS 103 in contrast to existing AS 14 for accounting treatment in cases of amalgamations and combinations.
- ABC Bank Ltd. contemplates to merge with PQR Bank Ltd. Accordingly, draft scheme of amalgamation is placed before the Board of Directors of both the banks. The said scheme is aimed
- "A Scheme, even approved by majority, can be rejected by Court but such a Scheme must be held to be unfair to the meanest intelligence." Analyse the statement citing important judi
- "In amalgamation of two or more banking companies, Company Law is not applied." Comment, briefly explaining the procedure for amalgamation of banking companies.
- Apart from availing the benefit of set off and carry forward of unabsorbed depreciation and accumulated losses, what are the other tax benefits if the strategy of the acquirer to m
- "Optimum capitalization is desired to maintain robust financial health of an enterprise." Identify the symptoms of over capitalization or under capitalization.
- "Reduction of capital requires the approval of National Company Law Tribunal (NCLT) is a general perception." Elucidate.
- What are the key indicators that need to be measured apart from expected financial results such as earnings and cash flow to evaluate extent of success of merger?
- State the salient features of Reconstruction that differs with Demerger.
- What is a Voluntary Offer in acquiring shares in another company? State the restrictions in terms of SEBI (SAST) Regulations, 2011.
- In calculating fair value, element of guesswork or arbitrariness is imminent. Comment.
- Balance Sheet of Smileheavy Ltd as at 31-3-2017 reveals as under: Liabilities Particulars Amount in ₹ 1,50,000 equity shares of ₹ 10/- each fully paid up 15,00,000 2,00,000 equity
- "Courts and Tribunals do not substitute or impose their opinion on the valuation report unless there are noticeable irregularities." Offer your comments with certain judicial prono
- The net profits earned during the last 5 years of XYZ Ltd. was (in lacs) 42, 47, 45, 39 and 47 respectively on the capital employed during all the period was ₹ 4 Crores. Market pee
- What are the preliminary steps that are to be followed for a proper valuation?
- What are the common strategies that warrant valuation of shares, business or even an undertaking?
- What is meant by Principle of Supremacy of International Obligations as enunciated in Article 3 of Model Law.
- Who are entitled and who are not eligible to make application to adjudicating authority for corporate insolvency resolution process as per Insolvency & Bankruptcy Code, 2016?
- "Insolvency & Bankruptcy Code, 2016 as on date is an offshoot of reports by several committees established to make Indian economy free from industrial sickness resulting in loss of
- What is a securitisation and who are the parties involved in securitization? Briefly explain the action points or steps in securitisation?
- "Liquidator appointed by the Tribunal has unquestionable sole authority to deal and disburse the properties during liquidation process." Elaborate your answer citing circumstances
- What were the reasons that prompted enactment of Insolvency & Bankruptcy Code, 2016? How does Corporate Insolvency Resolution Process differ with revival plans under repealed SICA
- State the procedure for serving notice to foreign creditors under UNICITRAL Model Law.
- "Recovery Officer acts in an arbitrary manner." Analyse the statement in the light of the provisions of Recovery of Debts and Bankruptcy Act, 1993 citing judicial pronouncements, i
How to Prepare for CS Professional Corporate Restructuring, Valuation and Insolvency
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