CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQ December 2016: Question Paper and Available Answers
CS Professional
Secretarial Audit, Compliance Management and Due Diligence
PYQS Series
December 2016
39 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 2016). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Royal Ltd. raised external commercial borrowings with prepayment plan for an amount of USD 600 million under approval route. You are required to prepare a check-list for conducting
- Smily Ltd. had a track record of declaring dividends @ 10%, 15% and 14% in the three financial years preceding the financial year 2015-16. In the year 2015-16, the company declared
- Sunshine Ltd. is a listed company. As a secretarial auditor, prepare a check-list for verifying the compliances relating to retirement of directors as per provisions of the Compani
- Explain the establishment, objectives, scope and functions of the Secretarial Standards Board.
- Secretarial audit is a process to check compliance with the provisions of all applicable laws including rules, regulations and procedures. Draw a labelled block diagram explaining
- What are the principles laid down under the Secretarial Standard on General Meetings (SS-2) with regard to 'conduct of poll' you would adhere to as a Company Secretary ?
- Keshav Ltd. is an unlisted company with a paid-up share capital of ₹35 crore and turnover of ₹100 crore. Advise Keshav Ltd., whether it is required to annex to its Board's report,
- The articles of association of Bright Ltd. provides that a meeting of the Board of directors shall be held at 10.00 A.M. on the first Saturday of every month. Relying on this, the
- As a Secretarial Auditor, what are the checks to be observed in case of direct investment outside India under approval route ?
- Explain the principles relating to maintenance and recording of minutes of Board meetings as per Secretarial Standard on Meetings of the Board of Directors (SS-1).
- Enumerate the points to be checked in respect of the Air (Prevention and Control of Pollution) Act, 1981.
- State the requirements under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 with respect to: (ii) Minimum allottees
- Bright Star Ltd. made a public issue of 10 crore shares at ₹200 per share. 3 Crore shares were offered to retail category of investors. The issue was oversubscribed by 5 times wher
- State the requirements under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 with respect to: (iv) Minimum application value
- State the requirements under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 with respect to: (v) Final post issue report.
- Who is not eligible for making public issue of specified securities under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ?
- Explain the restrictions on allotment under qualified institutional placement for due diligence.
- What is 'preferential offer' according to Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014?
- Madhav Ltd. makes preferential offer of securities for consideration other than cash. How is such consideration valued ?
- Prakash Ltd. makes preferential offer of shares for consideration other than cash. Name the two methods by which this non-cash consideration is treated in the books of account of P
- Weak Industries Ltd. is contemplating to sell its business to Expensive Enterprises Ltd. (EEL). As a Practising Company Secretary, EEL has engaged you to create a 'data room' and t
- Weak Industries Ltd. is contemplating to sell its business to Expensive Enterprises Ltd. (EEL). As a Practising Company Secretary, EEL has engaged you to create a 'data room' and t
- Weak Industries Ltd. is contemplating to sell its business to Expensive Enterprises Ltd. (EEL). As a Practising Company Secretary, EEL has engaged you to create a 'data room' and t
- Superb Plc., a company registered in United Kingdom, while issuing Indian depository receipts, has failed to comply with the provisions of the Foreign Exchange Management Act, 1999
- Under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, when are the shares of target company said to be infrequently traded? State how the minimum open off
- Weak Industries Ltd. is contemplating to sell its business to Expensive Enterprises Ltd. (EEL). As a Practising Company Secretary, EEL has engaged you to create a 'data room' and t
- A limited two-way fungibility scheme has been put in place by the Government of India for ADRs/GDRs. Explain the scheme with relevant provisions.
- What is 'anti-competitive agreement' under the Competition Act, 2002? Mention any three anti-competitive agreements under horizontal agreements.
- Distinguish between 'Relevant geographic market' and 'Relevant product market'.
- Distinguish between 'IPO' and 'FPO'.
- Distinguish between 'Diversion of funds' and 'siphoning of funds'.
- Write short notes on Compliance management.
- Write short notes on Importance of search/status report.
- As a Practising Company Secretary, while carrying out due diligence regarding the loans taken by Quick Ltd. from a nationalised bank, how would you ensure that the company has not
- "Environmental non-compliances may not only result in huge financial liability or reputation wreck but also may result in business discontinuity or huge public damage." Elaborate t
- Strong Ltd. is contemplating to introduce Employees Stock Purchase Scheme (ESPS). As a Practising Company Secretary, advise the management on the following issues : (i) Whether dir
- Strong Ltd. is contemplating to introduce Employees Stock Purchase Scheme (ESPS). As a Practising Company Secretary, advise the management on the following issues : (ii) Is there a
- Strong Ltd. is contemplating to introduce Employees Stock Purchase Scheme (ESPS). As a Practising Company Secretary, advise the management on the following issues : (iii) The natur
- Strong Ltd. is contemplating to introduce Employees Stock Purchase Scheme (ESPS). As a Practising Company Secretary, advise the management on the following issues : (iv) Lock-in-pe
How to Prepare for CS Professional Secretarial Audit, Compliance Management and Due Diligence
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