CS Professional Corporate Restructuring, Valuation and Insolvency PYQ June 2015: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
June 2015
31 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Corporate Restructuring, Valuation and Insolvency PYQS (June 2015). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- While combination which causes or is likely to cause an appreciable adverse effect on competition within the relevant market in India is prohibited under section 6 of the Competiti
- The draftsmen of the Competition Act, 2002 had demonstrated utmost concern and care in identifying questionable combinations and prohibiting such combinations. In order to achieve
- Brown Ltd. committed certain defaults in repayment of deposits. Subsequently, the said defaults were remedied and a period of 30 months has lapsed after such defaults ceased to sub
- The paid-up capital of Cool Ltd. as on 31st March, 2014 is ₹10 crore and its free reserves as on the same date was ₹10 crore. Cool Ltd. proposes to buy-back its shares for a value
- Aspire Ltd. is the target company in respect of which an acquirer made an open offer for acquisition of shares and the open offer has commenced. Dreams Ltd. is the subsidiary of As
- As per the scheme of arrangement, textiles undertaking of Cotton Ltd. is proposed to be demerged to Jutewel Ltd. under sections 391 and 394 of the Companies Act, 1956. One of the c
- In an open offer, the schedule of activities and the timelines of all competing offers shall be identical. Explain.
- Comment on the following statement: In terms of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, 'offer period' and 'tendering period' are one and the
- Comment on the following statement: The acquirer can opt out of the open offer process at any point of time by informing stock exchange wherein the shares of the target company are
- Comment on the following statement: Revision of offer price can be made by the acquirer upward but that can be exercised only in the event of there being a competing offer.
- Comment on the following statement: Acquisition pursuant to a scheme made under section 18 of the Sick Industrial Companies (Special Provisions) Act, 1985 or any statutory modifica
- Comment on the following statement: The acquisition of shares resulting from invocation of pledge by a public financial institution is exempt from open offer obligation.
- Flying Ltd. got demerged and the resulting company Soars Ltd. was formed. It was a demerger within the meaning of section 2(19AA) of the Income-tax Act, 1961. Your advice is sought
- Alps (Pvt.) Ltd. is taking over an unlisted company Mountain Ltd., through the route stipulated under section 395 of the Companies Act, 1956. Alps (Pvt.) Ltd. wants to compulsorily
- Alps (Pvt.) Ltd. is taking over an unlisted company Mountain Ltd., through the route stipulated under section 395 of the Companies Act, 1956. Alps (Pvt.) Ltd. wants to compulsorily
- Hardnut Ltd. wants to buy-back its equity shares. The company has equity share capital of ₹100 crore (face value of ₹10 fully paid-up) and free reserves of ₹200 crore. Partly paid
- Zen Ltd. has earned a profit of ₹40,00,000 before tax for the year ended 31st March, 2014. Tax amounts to ₹11,40,000. The share capital of the company is ₹60,00,000 (4,00,000 equit
- Valuation of shares of an enterprise demands a detailed and comprehensive analysis embracing a host of factors at macro and micro level. List out five important factors that influe
- How is the open offer price for acquisition of shares of a listed target company whose shares are frequently traded determined?
- Various judicial pronouncements on valuation principles demonstrate salient dicta of courts in relation to the subject. You are required to list out the principles set-out by the c
- Blue Ltd. and Moon Ltd. have agreed to amalgamate to form a new company Blue Moon Ltd. After negotiation, the two companies have decided on the balance sheets as given below: EQUIT
- In which circumstances, is the market based approach to valuation not relevant and useful?
- Write notes on the following: Four grounds on which a company may be wound-up
- Write notes on the following: 'State' with reference to the UNCITRAL model law
- Write notes on the following: Types of foreign proceedings covered
- Write notes on the following: Protection of creditors and other interested persons under the UNCITRAL model law
- Write notes on the following: Mode of recovery of debt determined by Debt Recovery Tribunal (DRT).
- "The effects provided by Article 20 of the UNCITRAL model law in respect of recognition of a foreign main proceeding are discretionary in nature." Comment whether the statement is
- "The official liquidator cannot have recourse to the doctrine of election. He can challenge the order passed by the recovery officer and appeal under the Recovery of Debts Due to B
- The provisions of the Securities and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 do not apply to certain cases. List out six such cases where
- Explain the salient features of Chapter 11 dealing with the US Bankruptcy Code.
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.