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ll,Semester 3 Year LL.BJVI Semester 5 Year B.A.LL.B.:(Maj.-Min.[

B.B.A.LL.B-IVI Semester 5 Year B,A./B.B.A.LL.B. (t*tiwlbta)
Examination, December 2017
@OMPANY LAW

Duration :3 Hours 100

,:
I

lnstructions: 1. Answer Q. No..9 and any five of the remaining questions.

2. Q. No. 9 carries 20 marks and the remaining questions
carry 16 marks each,
3. Answer should be written either in English or Kannada
completely.

Q. No. 1. Define company. Discuss the merits of incorporation. Marks: 16

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Q, No. 2: Explain tl,re doctrine of lndoor Management. State the exceptions,
if any. Marks : 1 6
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Q, No.3, Who is a promoter ? What are his powers and liabilities ? Marks: 1 6
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Q. No.4. What is prospectus ? What are the remedies available for
mis-representation in prospectus ? Marks : 16
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Q. No.5. Discuss the general principles and statutory restrictions for alfotment
of shares Marks:16 ,. . '
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Q. No.6. Explain the rule laid down in Foss V. Harbottle. State the exceptions,
if any. Marks: 16
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Q. No. 7. State the circumstances ufider which tribunal can order for winding up of
a oompany. Marks : 16
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Q. No. 8. Write short noteEon$ny two of the foilowing : Marks:2x8=16
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b) P re-i ncorpo ration contracts,

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c) Dividend.
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.

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a) During the war all the members of a private company while

in general meeting were kilted by a bomb.

Does the company cease to exist ? Decide.

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b) one of the objects oJ the company 'M' was to manufacture
mechanical spares and to market them.
The company 'M' intended to manufacture gotd ornaments
and to seltthem. Advise 'M' company.
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c) A company's Articles provides that a member who becomes
bankrupt shall offer for sale of his shares to other share
holders at the price fixed by the directors. Decide the validity
of the provision.
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