CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQ June 2014: Question Paper and Available Answers
CS Professional
Secretarial Audit, Compliance Management and Due Diligence
PYQS Series
June 2014
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 (June 2014). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Examine and comment on the following: Unpaid dividend should be transferred to Investor Education and Protection Fund.
- Examine and comment on the following: The ultimate goal of the Secretarial Standards is to promote good corporate practices leading to better corporate governance.
- Examine and comment on the following: Secretarial Standards on Board's Report seek to lay down certain additional disclosures.
- The Securities Contracts (Regulation) Act, 1956 is enacted to prevent undesirable transactions in securities. Comment.
- Divya is Managing Director of AB Ltd., a wholly owned subsidiary of PEE KAY Ltd., a listed company. AB Ltd. incurred a huge loss of ₹125 crore on 31 st March, 2014. However, PEE KA
- You are assigned the secretarial audit of passing of resolution by circulation. Prepare a check-list of compliances in this regard.
- Prepare a check-list of compliances for filing of resolutions and agreements for the purpose of secretarial audit.
- New Age Fashions Ltd. is expecting to receive capital investments from non-resident entity/person resident outside India. As a Company Secretary, you are required to submit a brief
- What is the importance of common seal of a company? Explain the standards prescribed by the Institute of Company Secretaries of India with respect to affixing of common seal (SS-8)
- Explain the objects, scope and benefits of Secretarial Audit.
- "Cultural clashes are likely to be more prominent in cross-national than domestic acquisitions." Discuss and also briefly enumerate the cultural due diligence process.
- Mohan, a director of Delight Ltd. went abroad on 3 rd March, 2014 for five months. The company appointed Kalinga as an alternate director in place of Mohan. The next Board meeting
- The annual general meeting of Mridul Ltd. for a particular year was not held within stipulated time, as the accounts for the said year were not ready. Advise the company regarding
- Jyoti Ltd. made a public issue of its shares through prospectus. The prospectus contained certain mis-statements. Rupa bought 1,000 shares of the company in good faith through reco
- A charge in favour of a public financial institution to secure a sum of ₹300 crore was not created by Dream House Construction Ltd. within the statutory period and the Company Law
- "Compliance with law and regulation must be managed as an integral part of any corporate strategy." Comment.
- An unlisted public company incorporated in United Kingdom is desirous of accessing Indian securities market through depository receipts. Advise the company, keeping in view the pro
- Corporate culture has immense influence on the performance of an organisation. Comment.
- Prepare a note for your Managing Director explaining the borrowing limits in compliance with section 293(1)(d) of the Companies Act, 1956.
- Explain the importance of due diligence report for banks about borrowers' accounts, as prescribed by the Reserve Bank of India. Mention at least 8 points relating to due diligence
- What are the areas required to be covered in establishing a compliance management framework?
- Write brief notes on the following: Public announcement
- Write brief notes on the following: Requirement of data room for due diligence
- Write brief notes on the following: ISO standards for environment.
- Distinguish between the following: 'Book building' and 'reverse book building'.
- Distinguish between the following: 'Environmental due diligence' and 'ethical due diligence'.
- The promoters of Anshul Developers Ltd., an unlisted company, are contemplating to go for an initial public offer (IPO). They seek your advice in respect of the following queries w
- The promoters of Anshul Developers Ltd., an unlisted company, are contemplating to go for an initial public offer (IPO). They seek your advice in respect of the following queries w
- The promoters of Anshul Developers Ltd., an unlisted company, are contemplating to go for an initial public offer (IPO). They seek your advice in respect of the following queries w
- Well Performer Ltd., incorporated in India, intends to raise finance from USA through the issue of global depository receipts (GDRs) and also proposes to list its securities on the
- Gopal Silk Ltd. (referred to as seller), manufacturer of sarees, entered into an agreement with a purchaser for the sale of products. The agreement, inter alia , includes the follo
How to Prepare for CS Professional Secretarial Audit, Compliance Management and Due Diligence
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.