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Company Law - May/June 2010 Backlog 3YDC

Question Type Question  
Short Lifting the corporate veil.
Short Debentures.
Short Position of the promoters.
Short Doctrine of indoor management and its exceptions.
Short Preferential shares.
Short Foreign company.
Short Pre incorporated contracts.
Short Kinds of companies.
Long What are the advantages and disadvantages of incorporation of a Public limited company?
Long What are the various clauses in the memorandum of association?
Long What is a prospectus? What is the civil and criminal liability for misstatements in prospectus?
Long What are the different modes of winding up of a public limited company?
Problem X buys shares of a public company and received share certificate and the blank transfer deed signed by the seller Y but does not lodge the transfer deed for registration. Examine the legal effect of the unregistered transfer between the transferor and transferee.
Problem A creditor of a company applied for winding up of the company for its inability to pay his claim. It was proved to the satisfaction of the Tribunal during enquiry, that the company was commercially solvent. Will the Tribunal order for the winding up of the company ? Discuss.
Problem Default has been made in holding the A 0 M of a company more than 18 months having elapsed since the date of the last such meeting. What can be done by a member?
Problem The Board of Directors of A Ltd. Co. appointed "A" as MD and gave him full powers of management of the company`s affairs and authorized him to sign all papers. "A" borrowed money on a promissory note. Is the company bound by this transaction? Discuss.
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