Short Answer Questions – Topics:

1. Liability clause
2. Promoter
3. Statutory meeting
4. Indoor Management
5. Defunct Company
6. Deemed Company
7. Lien on shares
8. Winding up
9. Corporate veil
10. Prospectus
11. Blank Transfer
12. Floating Charge
13. Share warrant
14. Liquidator
15. Illegal association
16. Preferential Right
17. Minority Rights
18. Statement inLieu of Prospectus
19. Remuneration of director
20. Ultra Vires
21. Buy back of Shares
22. Government Company
23. Public Sector
24. Share Certificate
25. Lifting the corporate veil
26. MSI
27. Debentures
28. Audit
29. Subsidiary Companies
30. Memorandum of Association
31. Foreign Company
32. Position of Director

Essay Questions – Topics

1. Explain the doctrine of “lifting the corporate veil”. How far does this doctrine ensure protection to third party.
2. What are the various kinds of share capital? State whether the reduction of share capital is allowed? If so, how?
3. Who is an Auditor? Discuss the position and functions of Auditor of a company?
4. What do you understand by Allotment of shares? What are th restrictions on allotment of shares?
5. Explain the meaning of ‘Reconstruction and Amalgamation’ – State the procedure for this purpose.
6. Discuss the law relating to multinational companies.
7. What are the circumstances under which a company can be wound up?
8. Discuss the circumstances in which company may be wound up by the Tribunal.
9. “The memorandum and Articles of Association of a Company cannot be atltered except in the mode and manner provided in the Company Act, 1956” – Explain?
10. Define the notion of corporate personality. What are the advantages of Incorporation?
11. Define Debenture. State the position of law regarding conversion of debentures into shares?
12. State the rights of the Minority shareholders of a company and ecplain the remedy against the oppression with the help of decided cases?
13. How and in what circumstances can a company reduce, increase and recognize its share capital.
14. Explain the various clauses in Memorandum of association and the doctrine of Ultra Vireswith case laws.
15. Describe the legal position of Director of Company.
16. Discuss Meetings, Kinds of Meetings and the Procedure.
17. What do you understand by the Winding Up of Company?
18. When the Court Order that Winding up shall be subject to the Supervision of the Court?
19. Define Winding up of a company. Explain the procedure for winding up of unregistered company.
20. Who is Liquidator? Critically examine the powers of a Liquidator.
21. Write a brief note on National Company Law tribunal.
22. Define Private Company. What are the advantages of a company if converted into a public company or Government Company?
23. What is Articles of Association of a company? How is it different from Memorandum of Association of a company?
24. Discuss the powers and duties of a director of a company under the Companies Act,1956.
25. Doctrine of Indoor management is an exception to the rule of constructive notice- Elaborate.
26. Discuss the importance of Annual General meeting in Company.