CS Professional Corporate Restructuring, Valuation and Insolvency PYQ December 2019: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
December 2019
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 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- "Smaller is manageable but Bigger is Beautiful" are not the only reasons for indulging Corporate Restructuring exercise by the Management in managing the establishments. Elucidate
- ABC Ltd. intends to delist its shares from Delhi Stock Exchange for which the company has made required public announcement. Surewin Ltd., substantial shareholder in the said Compa
- "Dissatisfactory implementation of sanctioned compromise and arrangement for amalgamation or merger may lead to liquidation." Examine the statement in relation to powers of Tribuna
- "Non-compliance or contravention of the requirements prescribed under the Companies Act, 2013 and rules framed thereunder in framing or implementing the scheme of a compromise, arr
- Internal accruals accumulate to reserves prompts management to venture more avenues through acquisitions or mergers but during and after the process, funds available internally are
- Persuasion Performers Ltd. has defaulted in payment of certain instalments of Bank Loan during the year 2012. On 17th October, 2016, Board passed a resolution to convene a general
- "Contracts entered into and in force need to be replaced by fresh contracts after merged or takeovers entities that have been integrated pursuant orders passed by Courts or Tribuna
- "Fairness, reasonableness and made in Good Faith are the premises on which the Judicial Authority approves any scheme for amalgamation, merger or demerger." Offer your comments sup
- Threshold limits triggering public announcement for acquiring shares in listed public Companies are not applicable in case of a listed company undergoing Corporate Insolvency Resol
- "Advocate may accompany a person summoned by the Director General in investigation under Competition Act, 2002." Briefly offer comments.
- "Orders sanctioning amalgamation or absorption are covered by the Indian Stamp Act as if it were a Conveyance Deed." Justify the statement with judicial pronouncements.
- In cases of takeovers or demergers, dissenting shareholders have a right to voice a grievance - enumerate briefly the procedure.
- Rama Khadi Industries Ltd. is a fully owned subsidiary of Karishma Gramudyog Ltd. a State Government Company. The State Govt. took a policy decision to amalgamate the former with t
- Several Credits Finance Company Ltd., a Non-Banking organisation is in the discussion for a merger with Hatak Bank Ltd., a scheduled Bank. Recommend the action points briefly.
- Saravana Synthetics Ltd. passed a resolution for reduction of capital that has been approved by the Tribunal. Being aggrieved on the valuation process employed Mr. Suman, a shareho
- "Fair Value of shares is in fact not fair but a compromise effort for bringing the parties to an agreement, just like sudden death in Hockey or Football". Justify with your views.
- Management of a Company seeks your advice whether to go for sales in a nearby foreign country. They have furnished the following historical data: Units — 4,200, Wages - ₹ 12,600, M
- Makeover More-growth Financials Ltd. is in the process of making Further Public Offer (FPO). Can you advise the Board on the precautions to be taken in fixing the price and price-b
- Paramhans Pharmaceuticals Ltd. is a listed company but the management decided to get the shares in the Company delisted from the stock exchange. The Directors desire to seek advice
- Brands build benefits of future business-inspect the statement with a view to dwell upon the importance of Brand valuation.
- "In comparison to demerger, slump sale is not generally tax efficient." Comment briefly with any case that had taken place.
- "Default by Debtor was a crime punishable with imprisonment or death" - forgotten preception in the Law of Bankruptcy, transformed the phrase by giving opportunity to a Bankrupt or
- Progress of enforcement of Insolvency and Bankruptcy Code, 2016 depends on four pillars apart from the Adjudicating Authorities - briefly state the role of such pillars.
- Samadhan Assets Management Company Ltd. is an Asset Reconstruction Company duly registered by the Reserve Bank in India. However, registration of the AMC is cancelled. The director
- Perfect Polyesters Ltd. is undergoing Corporate Insolvency Resolution Process as per Insolvency and Bankruptcy Code, 2016. Committee of Creditors is constituted. In the meantime, a
- In the "Resolution Process", define the functions of Insolvency Professionals. Is their contribution being noticed ?
- UNICITRAL Model Law is binding on member countries but at the best obiter dicta for Courts of the Member Countries' dealing in disputes relating to Cross Border Insolvency and Inte
- "Appointment of Voluntary Liquidator does not require approval of Tribunal but Company can be dissolved on the orders of National Company Law Tribunal." Discuss the above in the ba
- "Banks and Financial Institutions do have a free hand to take possession of assets of a defaulting debtor under Securities and Reconstruction of Financial Assets and Enforcement of
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