B.Com 1st Sem Corporate Administration Previous Papers
Time: 3 Hours
Max. Marks: 70
SECTION – A
I. Answer any 5 questions. Each question carries 2 marks. (5 x 2 = 10)
Question (1)
Define ‘Private Company’.
Question (2)
Give the meaning of Promoter.
Question (3)
What is Quorum?
Question (4)
What is Statutory Report?
Question (5)
What is meant by Statement in -lieu of Prospectus?
Question (6)
Define Global Company.
Question (7)
Give the meaning of Annual General meeting.
Question (8)
Define ‘public company’.
Question (9)
State the meaning of proxy.
Question (10)
Mention any two characteristics of global company.
Question (11)
Define ‘Agenda’.
Question (12)
What is common seal?
Question (13)
What is book-Building?
Question (14)
State the meaning of ‘statement in lieu of prospectus.
Question (15)
What is Limited Liability?
Question (16)
What is an Associate Company?
Question (17)
State the provisions for e-Filing.
Question (18)
Who is an Independent Director?
Question (19)
Define Meeting.
Question (20)
What is a Motion?
Question (21)
Define Multinational Corporation.
Question (22)
What is a motion?
Question (23)
Give the meaning of proxy.
Question (24)
What is memorandum of association?
Question (25)
State the provisions of e-filing.
Question (26)
What is company limited by shares?
Question (27)
Who is residential director?
Question (28)
What is international company?
Question (29)
Define Joint Stock Company.
Question (30)
What is Prospectus?
Question (31)
What is demat account?
Question (32)
Define‘Company Secretary’.
Question (33)
State the meaning of Bonus Share.
Question (34)
What is transactional corporation?
Question (35)
What is Quorum?
Question (36)
What do you mean by private company?
Question (37)
What do you mean by Memorandum of Association?
Question (38)
What is limited liability?
Question (39)
Mention any two liabilities of director.
Question (40)
What is quorum?
Question (41)
What do you mean by multinational company.
Question (42)
Who is company secretary?
SECTION – B
II. Answer any three of the following. Each question carries six marks. (3 x 6 = 18)
Question 2.
What are the contents of Articles of Association?
Question 3.
Explain briefly the Appointment and Qualification of a Company Director.
Question 4.
Who is Secretary? Explain briefly the rights of a secretary.
Question 5.
What are the essentials of a valid meeting of a company?
Question 6.
State the features of Global Companies.
Question 7.
What is Articles of Association? State any 4 of its contents.
Question 8.
Explain the powers of managing director.
Question 9.
State the role of promoters in formation of Joint Stock Company.
Question 10.
State the highlights of Companies Act, 2013.
Question 11.
When and how statutory meeting is convened? Explain?
Question 12.
Explain, briefly the privileges of a Private Company.
Question 13.
Briefly explain the types and functions of promoters.
Question 14.
State how Directors of a company are appointed.
Question 15.
What is a Statutory Meeting? Briefly explain the contents of Statutory Report.
Question 16.
Briefly explain the features of Global Companies.
Question 17.
Briefly explain functions of promoters.
Question 18.
State the features of multinational enterprises.
Question 19.
Explain the concept of one person company.
Question 20.
State the qualifications of a secretary.
Question 21.
Write a note on statutory meeting.
Question 22.
Write the role and significance of Promoters.
Question 23.
State the guidelines regarding allotment of shares.
Answer:
Following are the rules regarding allotment of shares:
(a) Application form: A prospect is an invitation to general public to purchase shares. The intending buyer has to apply in prescribed form to purchase of shares.
(b) Offer and acceptance : The application form given by public is the offer and the acceptance given by company to distribute the shares to them is called as acceptance.
(c) Conditional offer and acceptance : Conditions are printed by the company in the application form to put restriction on the ownership of the shares.
(d Proper authority : Allotment of shares are always made by proper authority usually board of directors make the allotment of shares to public.
(e) Reasonable time: Allotment of shares should be made by the proper authority within reasonable time.
Some restriction are prescribed by the company act regarding allotment of shares they are:
- Allotment of shares can be made by the company until the minimum subscription has been received.
- The application money received by the company must not less than 5% of nominal value of the shares.
- The money received from the applicants must be deposited in scheduled bank until commencement of business has been decided.
- If the allotment could not be made within 120 days from the date of publications must return the money received from applicants.
Question 24.
What is special resolution? State the instances of business where special resolutions passed.
Question 25.
Define‘meeting’. State the pre-requisits of a valid meeting.
Question 26.
Explain the concept of one person company.
Question 27.
Differentiate between private company and public company.
Question 28.
What is Articles of Association? Discuss any four contents.
Question 29.
State the duties and responsibilities of a company director.
Question 30.
State the features of multinational enterprises.
Question 31.
When and how statutory meeting is convened? Explain.
SECTION – C
III. Answer any 3 of the following. Each question carries 14 marks. (3 x 14 = 42)
Question 32.
Define Prospectus. Explain the contents of Prospectus.
Question 33.
Explain the appointment, qualification and removal of a company secretary.
Question 34.
Discuss the steps involved in the incorporation of a company.
Question 35.
What is Memorandum of Association? Explain the clauses of Memorandum of Association.
Question 36.
What is Resolutions? Explain different kinds of Resolutions.
Question 37.
Define ‘Joint Stock Company’. Explain its features.
Question 38.
What is ‘Memorandum of Association’? Explain its clauses.
Question 39.
Discuss the powers and duties of company secretary.
Question 40.
What is Extra- ordinary General Body Meeting’? Explain objectives and provisions of holding extra-ordinary general meeting.
Question 41.
Explain the differences between public company and private company.
Question 42.
Discuss the important Highlights of Companies Act 2013.
Question 43.
What is incorporation of a company? Explain the steps and formalities for incorporation of a company.
Question 44.
Explain the provisions and contents of Articles of Association of a company.
Question 45.
“A Secretary is not only a servant of the Company, but also a servant of law”. Discuss.
Question 46.
What is an Annual General Meeting? Explain the objects of AGM, Legal formalities for holding AGM and State the Businesses transacted in the AGM.
Question 47.
What is Articles of Association? Explain the contents of Articles of Association.
Question 48.
Explain the advantages and disadvantages of a Joint Stock Company.
Question 49.
Explain the duties and responsibilities of company secretary.
Question 50.
What is Annual General Meeting? Explain the objectives of AGM, legal formalities of a Annual General Meeting.
Question 51.
Explain the duties and responsibilities of Managing Director.
Question 52.
What is Articles of Association? Discuss the contents and significance of Articles of Association.
Question 53.
Define ‘Company Secretary’. Explain the duties and responsibilities of company secretary.
Question 54.
What is extra-ordinary general meeting? Explain the objectives and provisions relating to conduct of extra-ordinary general meeting.
Question 55.
Who is chairman? Illustrate the powers,duties and responsibilities of a Chairman.
Answer:
Managing director is a director of the company and he is called as chairman of the company meetings. Company meetings and company proceedings are controlled and managed by chairman of the company.
Question 56.
What is global company? State its merits and demerits to the present context.
Question 57.
What do you mean by Joint Stock Company? Explain briefly the steps in formation Of a joint Stock Company.
Question 58.
What is Annual General Meeting? Explain objectives and provisions of holding Annual General Meeting.
Question 59.
Explain the appointment, qualifications and removal of a company secretary.
Question 60.
Explain the differences between Memorandum of Association and Articles Association.
Question 61.
Who is Managing Director? Explain his powers and duties.