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Strictly for internal circulation only.

Copying, Redistributing, Modification without written consent


from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

COMPANY ADMINISTRATION
THIRD SEMESTER BCOM

(Common for Third Semester BBA with slight changes as Corporate


Regulations)
UNIVERSITY OF KERALA

This question bank is broadly divided into three sections with colour coding given for easy
understanding.

The green colour questions are direct easy questions mostly coming under one or two marks.

The blue colour questions are mostly coming under four marks.

The red colour questions are mostly direct and indirect questions coming under long essays
for fifteen marks.

This question bank is prepared from previous question papers and expected questions for
future exams.

The questions are not in the order of modules in any books, but selected randomly.

Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

1. Define dormant company.


2. What is share certificate?
3. Who is a resident director?
4. What is extra ordinary general meeting?
5. What do you mean by quorum?
6. What is CSR?
7. What is dematerialization?
8. What is Employees Stock Option Scheme?
9. What is surrender of shares?
10. What do you mean by perpetual succession?
11. Define a company.
12. What is red herring prospectus?
13. What is minutes?
14. Define the term contributory.
15. Who is a provisional liquidator?
16. What is DIN?
17. What is MCA 21?
18. Who is a promoter?
19. Can one company become member of another company?
20. What is meant by resolution?
21. Define promotion.
22. What do you mean by memorandum of association?
23. What does an article of association mean?
24. What is the minimum and maximum numbers of directors a company is allowed to
have?
25. What is statutory meeting?
26. What are the different types of voluntary winding up of a company?
27. Define liquidator.
28. Define prospectus.
29. What is a private company?
30. What is a special resolution?
31. What is penalty?
32. Who are the persons entitled to receive notice?
33. Who is a KMP?
34. What do you mean by sweat equity shares?
35. What is book building?
36. What is corporate governance?
Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

37. What is pre incorporation contract?


38. Explain the term ultra vires.
39. Write a short note on certificate of incorporation.
40. What does lifting of corporate veil means?
41. What is an illegal association?
42. Write a note on winding up of a company.
43. What is an agenda of the meeting?
44. What is statement in lieu of prospectus?
45. Write a short note on holding company.
46. What are preliminary contracts?
47. What do you mean by association or subscription clause?
48. What is meant by constructive notice of memorandum and articles?
49. What is casting vote?
50. What is a foreign company?
51. What do you mean by veil of incorporation? How does it operate?
52. What is meant by abridged prospectus?
53. What do you mean by doctrine of constructive notice?
54. Give any two situations in which the office of a director shall become vacant.
55. How is the removal of a directors take place?
56. Mention the four types of non executive directors.
57. What are the characteristics of a company meeting?
58. Write a brief note on National Company Law Tribunal.
59. ‘Company is a legal person’. Comment.
60. What is OPC?
61. What is Table-A?
62. What is Nidhi?
63. Explain the rule in Salmon Vs. Salmon & Co. Ltd. 1897.
64. What is an associate company?
65. What are the duties of a promoter?
66. What are unlimited companies?
67. What do you mean by perpetual succession?
68. What is a statutory company? Give an example.
69. What is poll?
70. Who is an independent director?
71. What is nomination and remuneration committee?
72. What do you mean by board of directors?
73. Briefly explain the purpose of statutory meeting.
Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

74. Distinguish between ordinary and special business in an AGM.


75. Explain the term proxy.
76. What is e-resolution?
77. Briefly explain the requisites for convening a valid meeting.
78. What are the circumstances in which EGM may be conducted?
79. Who are stakeholders in a company?
80. What is annual return?
81. What is board’s report?
82. What are the contents in a board’s report?
83. ‘Promoter stands in a fiduciary relationship towards the company which he brings into
existence. Comment.
84. What is related party disclosure? Explain the details to be disclosed.
85. What are the matters covered under MCA-21?
86. What is online filing of documents?
87. What is disclosure of interest by directors?
88. What is secretarial audit?
89. Define company secretary.
90. Explain how KMPs are appointed.
91. Briefly explain the functions and powers of a company secretary.
92. Explain the principles of corporate governance.
93. Bring out the Milton Friedman’s views on CSR.
94. Write a note on CSR in Indian scenario.
95. Explain Ackerman’s model of CSR.
96. What are the responsibilities of business towards shareholders?
97. What are the duties of a secretary under Income Tax Act?
98. What do you mean by liquidation of a company?
99. Define the term contributory.
100. Which are the books to be kept by company liquidator legally?
101. What is statement of affairs?
102. What do you mean by declaration of solvency?
103. How a company liquidator is appointed by NCLT under compulsory winding up?
104. Mention the contents of a petition for winding up.
105. Name the appellate authority of NCLT.
106. List out the types of Intellectual Properties.
107. Mention some products or services that are excluded from patentability.
108. What is WIPO?
109. What is the difference between patent and copy rights?
Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

110. Expand TRIPS. Mention its features.


111. What do you mean by plagiarism? Explain its types.
112. What are trade secrets?
113. What do you mean by geographical indicators? Give examples.
114. Distinguish between intellectual property and intellectual property rights.
115. What is trade dress?

116. What are the circumstances in which company may be wound by tribunal?
117. What are the essential characteristics of a company?
118. Explain the doctrine of ultra vires and its effects.
119. What is one person company? What are its benefits?
120. Explain the four of committees to be constituted by the board.
121. Explain the powers and duties of company liquidator in voluntary winding up.
122. What are the features of valid forfeiture of shares?
123. What is buy back of shares? What are its advantages?
124. Explain the duties of a director.
125. What is articles of association? How is it different from memorandum of
association?
126. What are the liabilities for misstatements in prospectus?
127. What are the situations where the corporate veil of the company may be
lifted?
128. What are the characteristics of a registered company?
129. What are the powers of chairman in the meeting?
130. Distinguish between ordinary and special resolutions.
131. Explain the liabilities of a promoter.
132. List out the general contents in a prospectus.
133. What are the procedural aspects involved in the incorporation of a company?
134. Discriminate doctrine of constructive notice and doctrine of indoor
management.
135. What are the circumstances under which the benefit under the doctrine of
indoor management cannot be claimed?
136. When is a person not eligible to be appointed as a director of a company?
137. Write a detailed note on proxy and its legality.
138. Discuss in brief the responsibilities related to winding up of a company in India.
139. How does the protection of IPR help increase the competitiveness of MSMEs?
140. Discuss in detail the recent reforms in the patent offices of India.
Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

141. Explain the different clauses of MOA.


142. Bring out the contents in an AOA.
143. What are pre incorporation contracts and bring out its effects.
144. Who is a promoter? Explain his duties, rights and liabilities.
145. Identify and explain the companies classified as new generation companies.
146. Differentiate private company from public company.
147. ‘A company is not a citizen’. Comment.
148. Explain the different types of resolutions.
149. Mention the laws regarding voting at general meeting.
150. Define company meetings. Explain its types.
151. Explain the functions and responsibilities of board of directors.
152. Explain related party disclosure and related party transactions in detail.
153. Is it compulsory to file annual returns? Explain in detail.
154. What is corporate governance? Explain its significance.
155. Is CSR waste of resources? Justify.
156. Explain the benefits of CSR to different stakeholders.
157. Explain CSR models.
158. What are the responsibilities and challenges of a company secretary?
159. Explain in detail the duties of a company secretary.
160. Distinguish between compulsory and voluntary winding up.
161. What are the powers of a liquidator in compulsory winding up?
162. Explain the powers of NCLT in respect of compulsory winding up.
163. Explain the winding up by the central government under summary procedure.
164. Briefly explain the procedure for voluntary winding up.
165. Explain the circumstances in which company may be wound up by Tribunal.
166. What are the advantages of a company form of business organisation?
167. What are the special privileges of a private company?
168. What is a prospectus? Explain its main types.
169. Write a note on Intellectual Property Rights.
170. Explain the various intellectual properties.
171. What is plagiarism? How it can be reduced?
172. Write a short note on TRIPS and its features.
173. What do you mean by copyright? What are the items coming under it?
174. What is a trademark? Give examples. What is the punishment for infringement
of the trademark?
175. Explain patents of addition. What are the requirements for an invention to be
patentable?
Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

176. Define ‘company’. Explain the different kinds of companies along with their
characteristics.
177. What is allotment of shares? Explain the procedure for allotment of shares.
178. Explain the phases of formation of a company.
179. What is MOA? State the difference between MOA and AOA.
180. What is MOA? What are its contents and norms regarding its alteration?
181. What are the different kinds of meetings in a company?
182. Write a detailed note on the duties and responsibilities of a director.
183. Discuss in detail the influence of recent change in the patent regime in India
and abroad.
184. Explain the Turquand’s rule. What are the exceptions?
185. Explain legal rules relating to statutory meeting.
186. Explain in detail the legal rules for convening a valid general meeting of a
company.
187. Define CSR. Explain in detail the various arguments for and against CSR.
188. Explain in detail the role of company secretary in a company.
189. Who are Key Managerial Personnels? Explain the legality in their
appointments.
190. Define corporate governance. Explain its principles and importance in the
business field.
191. Explain in detail the compulsory winding up of a company.
192. Explain in detail the voluntary winding up of a company.
193. Who is a company liquidator? How he is appointed? What are his duties?
194. Explain the reasons for voluntary winding up. Distinguish between voluntary
winding up and compulsory winding up.
195. Explain WTO classification of IPR.
196. Explain the procedure to be followed to obtain the patent, under Patent Act.
197. Define plagiarism. What acts are considered to be plagiarism? Explain the
punishment for plagiarism.
198. Why MSMEs should treat IPRs as assets?
199. Explain the procedure for registration of trademark under the Trademark Act.
200. Explain in detail the various IPs along with their advantages and limitations.
Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom
Strictly for internal circulation only. Copying, Redistributing, Modification without written consent
from proper authority is punishable. Under such circumstances, author does not assume any
responsibility.

Prepared By: Mr. Syam.S, Assistant Professor of Commerce and Management Studies, Marian College
of Arts and Science (MCAS), Kazhakuttom

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