CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQ December 2015: Question Paper and Available Answers
CS Professional
Secretarial Audit, Compliance Management and Due Diligence
PYQS Series
December 2015
31 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQS (December 2015). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Zeba Ltd. has a net worth of ₹400 crore, turnover for the financial year 2014-15 at ₹1,200 crore and a net profit for the financial year ended 31st March, 2015 at ₹25 crore. The co
- The Board of directors of Peeku Ltd. decided to: (i) Have meeting of the Board through video conferencing to consider the approval of the annual financial statements; and (ii) Circ
- Top Ltd. is having a paid-up capital of ₹40 crore and turnover of ₹300 crore during the financial year 2014-15. The company decided to appoint a Company Secretary in Practice for c
- Explain the requirements to be followed before passing a special resolution. State the circumstances under which a special resolution is to be passed in the following cases: (i) Lo
- Explain the requirements to be followed before passing a special resolution. State the circumstances under which a special resolution is to be passed in the following cases: (ii) A
- Excel Ltd. has borrowed a sum of ₹10 crore by mortgaging its fixed assets. As a Company Secretary, indicate the steps you would take to get the charge registered with the Registrar
- Crescent (Pvt.) Ltd. has its registered office at Mumbai and project office at Pune where the books of account have been kept. The company has sought financial assistance from the
- Explain the provisions regarding penalty for incorrect audit report as per the provisions of the Companies Act, 2013.
- Cathy International Ltd., a foreign company, desires to invest US $50,00,000 in real estate business in India. Comment on its admissibility under the FDI Policy, 2015.
- XYZ Ltd., an unlisted company, at its Board meeting decides to issue sweat equity shares to its employees at a discount. Some of the directors demand that such shares be issued to
- Indus Securities Ltd. has been making several investments in companies but is not aware as to how the investments have to be recorded in its books. As a Company Secretary, advise t
- A2Z Ltd., an unlisted company having a paid-up share capital of ₹5 crore consisting of 50,00,000 equity shares of ₹10 each fully paid-up proposes to make an initial public offer (I
- The balance sheet of Neema Ltd. contains the following information : As at 31.03.2013 (₹) As at 31.03.2014 (₹) As at 31.03.2015 (₹) Paid-up capital 60,00,000 65,00,000 85,00,000 Ge
- The key financial data of Zen Ltd., an unlisted public company as on 31st March, 2015 is given as under: (in crore) (a) Paid-up equity share capital 12.00 (b) Turnover for the year
- Jane Ltd., a foreign company decided to go for foreign direct investment in a non-SME venture in India which is permissible under the approval route. As a Company Secretary of the
- Gems India Ltd. held a Board meeting on 30th June, 2015 to transact the items as per the agenda. One of the items was to fill-up a casual vacancy caused by the death of Shyam who w
- What are the primary components of due diligence on competition law ?
- The Board of directors of Horizon Ltd. at a Board meeting has decided to augment resources for expansion and diversification projects which are scheduled to happen in the next thre
- As a Practising Company Secretary, during the course of carrying out due diligence process of a merger and amalgamation, enumerate the obligations of target company and acquirer.
- "Audit is a financial post-mortem analysis whereas due diligence is a future decision and a process to achieve the desired comfort level about the potential investment." Comment.
- The public sector oil marketing companies increased diesel prices @ ₹4 per litre w.e.f. 1st December, 2013. All Road Licensed Transport Federation (ARLTF), a registered society sin
- Snow Ltd. is a closely held public company in the manufacturing sector. The company's net worth is ₹250 crore as on 31st March, 2015. The turnover of the company for the year 2014-
- Distinguish between the following: (i) 'Diversion of funds' and 'siphoning of funds'.
- Distinguish between the following: (ii) 'Apparent', 'adequate' and 'absolute' compliance.
- Distinguish between the following: (iii) 'Private placement' and 'preferential issue'.
- Write short notes on the following: (i) Elements of ISO 14001 standard
- Write short notes on the following: (ii) Disadvantages of virtual data room.
- E-Age Bank Ltd. has sanctioned a term loan of ₹10 crore to Evergreen Ltd., a media company, for its new FM Radio activity. The company has submitted all the required documents to o
- A group of investors are upset with the functioning of stock brokers of Bombay Stock Exchange and want to make a complaint to Securities and Exchange Board of India (SEBI) for inte
- Sun Chemicals Ltd., a chemical speciality company proposes to get itself merged with Star Industries Ltd., a pioneer in chemicals, fertilizers and plastic moulds having a market sh
- Sameer has been co-opted as a non-executive director of a large manufacturing company and has to attend his first Board meeting. He has requested the Chairman of the company to pro
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