IGNOU ECO 08/ BCOE 108 C0MPANY LAW IMPORTANT QUESTIONS FOR DECEMBER 2020 EXAM

 IMPORTANT QUESTIONS

ECO 08

1. What is a debenture? Explain the different types of debenture that a company can issue.


2. What different kinds of meeting of a company? Explain the requisite of a valid meeting.


 3. State the liabilities of a company and director with respect to mis statement in prospectus.


 4. Explain the provision of the Company Act regarding the acceptance of deposits by company. 


 5. Who is a member of a company. What are the different ways through which a person may become a member of a company. 


 6. Define a director? Who can be a director of the company? Can a director of a company be appointed by Board of Directors? Explain. 


 7. What is meant by Lifting the Corporate Veil? State the circumstances under which the corporate veil can be lifted? 


 8. Explain the meaning of a company. What are the characteristics of a company? Discuss various stages of promotion of a company. 


9 What is forfeiture of Shares? What are the effects of forfeiture? Can they be reissued? 


10. Discuss the liability of director. Can a company be appointed as the director?


 11. What is Article of Association? "The powers of altering article are wide, yet they are subject to a large number of limitations". Discuss.


 12. Define a prospectus. What are the remedies available to shareholders for mis statement of prosy. 


13. Write short notes on the following: 

  •  Company secretary. 
  • Transmission of shares. 
  • Proxy. 
  • Doctrine of Ultra Vines. 
  • Illegal association. 
  • Winding up. 
  •  Promoters.
  •  Annual General Meeting. 
  • Doctrine of indoor management. 
  • Memorandum of Association 



 14. Differentiate between:

  •  Public and Private company. 
  •  Members and shareholders. 
  •  AOA and MOA

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