CS Professional Corporate Restructuring, Valuation and Insolvency PYQ December 2020: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
December 2020
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 2020). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- "Approval of a scheme of amalgamation between two banking companies requires Board of Directors of the involved banking Companies to pay attention particularly on certain matters."
- "Profit on slump sale is a capital receipt." Explain and support the statement with decided case laws.
- "A bungled corporate restructuring scheme can turn a good idea into a disaster." In the light of the given statement outline the keys for a successful corporate restructuring' sche
- One of the parties to a combination, situated outside India, is likely to have appreciable adverse effect on competition in India. Discuss the jurisdiction of the Competition Commi
- "Corporate Restructuring is the panacea for every corporate turbulence." Elucidate.
- Which is a better option; an over-capitalized company or an under-capitalized company? Support your answer with reasons. Also suggest some remedies to rectify both in a company.
- "Amendments brought in on 8th August, 2017 to Lesser Penalty Regulations will bring clarity to the existing leniency regime in India and provide incentives for companies and indivi
- "Once open offer is made there is no question of withdrawal yet there are exceptions." Comment with your views in terms of the provisions of the Securities and Exchange Board of In
- "In any merger or amalgamation taking care of financial aspects is of prime importance." Highlight at least five financial aspects that you would consider important whether it is a
- What is a depository receipt? Discuss the benefits of depository receipt as a means of funding of mergers and takeovers.
- An unlimited company can reduce the share capital of the company in a manner specified in the articles of association of the company without the confirmation of NCLT. Comment.
- Whether any exemption notifications have been issued for section 5 and section 6 of Competition Act, 2002 in relation to Banking Companies?
- Proponents of the 'poison pills' argue that poison pills do not prohibit all takeovers but enhance the ability of the Board of directors to bargain for a 'fair price'. Comment.
- "External Commercial Borrowings (ECB) framework enables permitted resident entities to borrow from recognised non-resident entities." Comment.
- Voluntary Liquidations are dealth under Companies Act, 2013 or the Insolvency & Bankruptcy Code, 2016. Elucidate with relevant provisions.
- Normally market based approach is used for the purpose of valuation but there are circumstances that do not suit such an approach especially in case of valuation of shares and secu
- Bell Ltd. is taking over Ring Ltd. shareholders of Ring Ltd. would get 0.8 shares in Bell Ltd. for every share held in Ring Ltd. Data in respect of both the companies is as given b
- Big Limited is proposed to be merged with Small Limited by means of share exchange. Big Limited has 2,50,000 shares and Small Limited has 1,25,000 shares. Market price of shares of
- Brand Valuation is necessary to determine the worth of a company. Why is brand valuation important? Discuss some methods of valuation of brand.
- What is the meaning of liquidation value? Explain the process of computation of liquidation value of an enterprise.
- XYZ Company Ltd. (XYZ) is acquiring PQR Company Ltd. (PQR). XYZ will pay its 0.5 share to the shareholders of PQR for each share held by them in PQR. The data for the two companies
- Insolvency professionals are permitted to take assistance of legal, accounts or other professionals but not supposed to outsource any of his duties or responsibilities under Insolv
- What are the modes of recovery which can be used by the recovery officer to recover the debts determined by the Debt Recovery Tribunal under the Recovery of Debts and Bankruptcy Ac
- "An insolvency professional shall be eligible to be appointed as a liquidator if he, and every partner or director of the insolvency professional entity of which he is a partner or
- The UNCITRAL Model Law is not a law in its own right and has no force. It provides a legal text for incorporation into national law. Discuss the circumstances that necessitated the
- What are the provisions regarding disclaimer of onerous properties by the liquidator under the Companies Act, 2013?
- Insolvency and Bankruptcy Code, 2016 is dependent on adjudication and regulation. While adjudication is dealt by National Company Law Tribunal or Debt Recovery Tribunal, the regula
- Discuss the obligations of the Asset Reconstruction Companies regarding modification of security interest and satisfaction of security interest under the SARFAESI Act, 2002.
- Define the following terms under SARFAESI Act, 2002: (a) Securitisation (b) Secured Creditor (c) Security Receipt
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.