CS Professional Secretarial Audit, Compliance Management and Due Diligence PYQ June 2015: Question Paper and Available Answers
CS Professional
Secretarial Audit, Compliance Management and Due Diligence
PYQS Series
June 2015
33 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 2015). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- “Secretarial Standards Board is doing multifarious functions.” Comment.
- You are the Company Secretary of Star Infrastructure Ltd. Your Chairman has asked you to submit a note regarding compliances required to be made and the restrictions if any imposed
- “Secretarial audit is prevention rather than post-mortem.” In the light of this statement explain the need of secretarial audit particularly with reference to corporate law complia
- Board of directors of Charming Entertainment Ltd. in its meeting held on 16th April, 2015 declared an interim dividend on its paid-up equity share capital. Now, the Board wants to
- Explain the provisions contained in the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 related to investment by Indian entities in overse
- Prepare a checklist of compliances with respect to loans, investments, guarantees and securities by a company for the purpose of secretarial audit.
- “Compliance of secretarial standards is good for governance.” Explain.
- Amit, the director of Smile Ltd., did not attend the meetings of the Board of directors of the company during the last twelve months with the leave of absence. Comment on his statu
- Ms. Mansi was the properly appointed director of Excellent Ltd. Subsequently, the company altered its articles of association and made it a compulsory qualification for the directo
- Merry Ltd. is planning to access the external commercial borrowings under approval route for the expansion of its business. As a Company Secretary, prepare a checklist in this rega
- Sharda Fertilizers Ltd., a listed company, proposes to make an issue of foreign currency convertible bonds (FCCBs) under the automatic route. You are required to answer the followi
- Sharda Fertilizers Ltd., a listed company, proposes to make an issue of foreign currency convertible bonds (FCCBs) under the automatic route. You are required to answer the followi
- Sharda Fertilizers Ltd., a listed company, proposes to make an issue of foreign currency convertible bonds (FCCBs) under the automatic route. You are required to answer the followi
- Sharda Fertilizers Ltd., a listed company, proposes to make an issue of foreign currency convertible bonds (FCCBs) under the automatic route. You are required to answer the followi
- Sharda Fertilizers Ltd., a listed company, proposes to make an issue of foreign currency convertible bonds (FCCBs) under the automatic route. You are required to answer the followi
- The accounts of Varsha Goldmine Ltd., a listed company, for the year ended 31st March, 2014 were finalised on 31st May, 2014. The company has paid-up share capital of ₹50 lakh and
- “Environmental failures may lead to financial loss, reputational damage and business discontinuity.” Comment with reference to leading case laws on the subject.
- Prime Bank had advanced a substantial amount to ABC Ltd. The bank suspects that the amount advanced is not properly utilised by the company. The bank appoints you as a Practising C
- Soha Ltd. wants to go for initial public offer. Ms. Pia, the Company Secretary of the company, has to advise to the management of the company about the conditions for making initia
- Pratham Ltd. issued convertible debentures during the financial year 2013-14. Now it wants to alter the terms of redemption. Is it permissible under the provisions of the SEBI (Iss
- Effective compliance programme should have the ability to monitor audit compliance in a 'real time manner'. To facilitate this, explain the role of information technology in compli
- “Roll-over of non-convertible portion of partly convertible debt instruments is possible subject to certain conditions.” Comment.
- As a Practising Company Secretary, you have been assigned to carry out legal due diligence on the financial aspects of a company. Prepare a checklist on the different aspects to be
- Explain the purpose and projects for which environmental impact assessment (EIA) is undertaken. Which areas should be addressed while preparing EIA report ?
- Your client is intending to enter into a major commercial agreement for collaboration. You as a Company Secretary have been asked to conduct due diligence for the prospective compa
- Write notes on the following: Compliance programme
- Write notes on the following: Securitisation
- Write notes on the following: Wilful default.
- Distinguish between the following: 'Legal due diligence' and 'financial due diligence'.
- Distinguish between the following: 'Foreign currency convertible bonds (FCCBs)' and 'depository receipts (DRs)'.
- PK Cement Ltd., incorporated in January, 2014, is engaged in the business of manufacturing cement. The company is facing stiff competition and with a plan to increase its market sh
- Star Ltd. and its group company Earth Ltd. acquired shares of Mars Ltd. (the target company) over a period of time. On 17th December, 2014, Star Ltd. and Earth Ltd. were holding 13
- The balance sheet of Neeraj Fertilizer Ltd. as at 31st March, 2015 disclosed the following details: (in crore) Authorised shares capital (equity shares) 500 Paid-up share capital 2
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.