CS Professional Corporate Restructuring, Valuation and Insolvency PYQ June 2016: Question Paper and Available Answers
CS Professional
Corporate Restructuring, Valuation and Insolvency
PYQS Series
June 2016
28 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 2016). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Discuss the provisions and powers of Competition Commission of India to impose penalty for non-furnishing of information on combination under the Competition Act, 2002.
- Comment on the following : No offer of buy-back shall be made within a period of 180 days from the date of Board meeting or meeting of shareholders, as the case may be, in respect
- Comment on the following : In the event of forfeiture of the amount lying in the escrow account, the acquirer shall be paid one-third of the amount forfeited in terms of regulation
- Comment on the following : An offer in which the acquirer has stipulated a minimum level of acceptance is known as 'conditional offer'.
- "Certain disclosures are required to be made in the first financial statements prepared after the amalgamation orders." Mention such disclosures.
- Explain the term 'persons acting in concert' (PACs) with reference to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Toko Trading Corporation (TTC) is a listed Japanese corporate entity and is holding 24% paid-up equity in Toko Tara India Pvt. Ltd. TTC wishes to extend external commercial borrowi
- What does the term 'crown jewel' stand for, as a defence strategy in respect of a takeover bid?
- 'General exemptions' under regulation 10 and 'Exemption by board' under regulation 11 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 are one and the sa
- What are the documents that are required to be filed under the Companies (Court) Rules, 1959 so as to facilitate the court to sanction the scheme of demerger?
- "Prior approval of the Reserve Bank of India is required before acquiring controlling stake in a deposit taking NBFC." Do you agree? Justify your answer.
- Yellow Overseas Ltd. (YOL) merged with Yellow India Ltd. (YIL). YOL availed the benefit of amortisation of preliminary expenses only for two years till merger order. Whether YIL is
- What is 'observation letter' issued by stock exchanges? What are the obligations of listed companies in relation to 'observation letter' with reference to merger?
- Ludhiana Berry Ltd. has proposed merger of Jalandhar Berry Ltd. with itself. The merger scheme has been approved by 76% shareholders of Ludhiana Berry Ltd. and 98% shareholders of
- Explain the provisions of the Income-tax Act, 1961 in relation to computation of capital gains arising out of slump sale.
- Write a short note on the valuation of stock options under SEBI (Share Based Employee Benefits) Regulations, 2014.
- Blue Springs Ltd. incorporated a new company namely Defence Springs Ltd. and transferred its defence component division to it on slump sale basis for a lump sum consideration of ₹2
- White Chicks Ltd. is listed on Bombay Stock Exchange. The management wishes to issue sweat equity shares to the new Chairman and Managing Director for which extra-ordinary general
- "Market based approach to valuation is adopted for determination of price in the case of preferential allotment, buy-back and open offer. But the market price is not so reliable fo
- Apart from comprehensive analysis covering the past, present and future earnings and prospects of the company, several other factors are to be taken into account for the valuation
- Great Ltd. having registered office at Jaipur (Rajasthan), entered into an agreement with Newsome Trading for supply of raw material worth ₹4 crore. It was clearly mentioned in the
- Constitution of National Company Law Tribunal (NCLT) will usher a new era as far as insolvency issues are concerned and will also open up new professional opportunities for Company
- Subrata, one of the guarantor for debt facilities taken by Great Herald Ltd. is aggrieved by an order of Debt Recovery Tribunal. Advise him about the further course of action.
- Debt Recovery Tribunal has passed an order for recovery of ₹5 crore against Prism Ltd. and its directors. What modes of recovery are available to recovery officer? Advise.
- Write a note on the list of contributories in case of compulsory winding-up.
- In relation to insolvency laws, mention any five reforms carried out in India in 21st century.
- Oriental Bank of India (OBI) extended loan of ₹20 crore to Aamran Fabricators Ltd. (AFL). Debt Recovery Tribunal (DRT) has issued order against AFL for recovery of outstanding dues
- Mention the other functions of securitisation company or reconstruction company as per the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interes
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