CS Professional Corporate Restructuring, Valuation and Insolvency PYQ December 2018: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
December 2018
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 2018). 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 an inorganic growth strategy that significantly changes a company's business model, management team or financial structure to address challenges and inc
- XYZ Resources Ltd., a listed company, is in the process of merging into ABC Transactions Ltd., which is not a listed Company. As a Company Secretary, detail the additional aspects
- Secure Source Ltd., an Indian Company, is contemplating to take over Super Securers Pte. Ltd. of Singapore through a process of merger and its top Management seeks your advice. Sug
- “Accounting treatment under AS 14 is confined to Amalgamations unlike Ind AS 103.” Discuss how far Ind AS 103 can be distinguished with AS 14.
- The unpalatable or inevitable recession can also be a key factor to trigger Mergers/ Takeovers-how far is it proved true ?
- “There may be no express protection to any dissenting minority shareholder to file his objections as a matter of right, yet the Courts/Tribunals, while approving the Scheme, follow
- Is it possible to retain the same characters of various reserves of transferor Companies post amalgamation, mergers or demergers as per Standards of Accounting concepts or conventi
- “Due Diligence starts much before the process of restructuring and helps in better negotiation of deals, to handle taxation and stamp duty aspects in better manner, to minimise and
- Briefly explain four major types of anti-takeover amendments.
- “In addition to the normal event risks, stock swap mergers involve risks associated with fluctuations in the stock prices of the two companies”. Comment on the statement in view of
- “Price received on sale of an undertaking as a Going Concern is a Capital Receipt”. Comment on the statement with judicial pronouncements, supporting the statement.
- Corporates encounter pitfalls in post-merger statutory approval due to certain common errors, that need to be taken care of. Try to point out certain errors that need to be taken c
- Enumerate certain circumstances that necessitates financial restructuring, being part of Internal Corporate Restructuring.
- Identify the factors which make a company a desirable candidate for a takeover from the acquirer's point of view.
- Is it possible for a shareholder to seek an amendment to exchange ratio embodied in the scheme while considering the resolution, put forth for approval. Support your answer with de
- “Valuation is influenced not only by the motive of the acquirer company but also that of target company's objectives.” Analyse the statement in brief.
- The Managing Director of a company decides that his company will not pay any dividend till he survives. His current life expectancy is 20 years. After that time it is expected that
- Explain Market Comparables Method of valuation. What are the steps involved in this method of valuation ?
- From the following information determine the possible value of brand : Profit After Tax (PAT) ₹ 2,000 (in lakh) Tangible Fixed Assets ₹ 8,000 Identifiable intangible assets other t
- From the following information calculate the value of a share if you want to: (i) buy a small lot of shares; (ii) buy a controlling interest in the company. Year Profit (₹) Capital
- “The key to valuation is finding a common ground between all the companies for the purpose of a fair evaluation.” Comment with reference to factors influencing valuation.
- Explain the concept “Ease of doing business includes easy exit by investors and creditors that prompts national policy makers' constant endeavour to reform law relating to Insolven
- The purpose of the Model Law is to provide effective mechanism for dealing with cases of cross-border insolvency. Comment upon the statement.
- Write a short note on winding up under the Companies Act, 2013 with special reference to Insolvency and Bankruptcy Code, 2016.
- There are certain persons who are not entitled to make application to NCLT for initiation of corporate insolvency resolution process. Explain.
- “Committing default or failure of Resolution Plan may lead to liquidation of a body corporate under Insolvency and Bankruptcy Code, 2016 but could there be other circumstances for
- SARFAESI Act is a complete code in itself and there is no lacuna or ambiguity in it to warrant reading something more into it or to borrow anything from the Companies Act. Comment
- Write a note on “Effect of recognition of a foreign main proceeding” under the UNCITRAL Model law.
- Write a short note on the role of Insolvency and Bankruptcy Board of India.
How to Prepare for CS Professional Corporate Restructuring, Valuation and Insolvency
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.