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Company Law - April/May 2009 Backlog 3YDC

Question Type Question  
Short Shifting the Registered Office from one state to the other.
Short Doctrine of Lifting the Corporate Veil
Short Doctrine of ultra virus
Short Doctrine of Indoor Management
Short Rule of Constructive Notice
Short Debentures
Short Role of promoters
Short Meaning of oppression
Long What are the advantages of incorporation of a public limited company?
Long What are the disadvantages of incorporation of a company with reference to the lifting of the corporate veil?
Long How the doctrine of indoor management opposes the rule of constructive notice?
Long What is a prospectus and what is the civil and criminal liability for misstatements in prospectus?
Problem "A" transfers his shares in a public company to "B". The directors refused to register the transfer or to give reasons for their refusal. Has "B" got any redressal?
Problem The shareholders of a company duly called upon the Managing Director to convene a meeting of the company at which they wanted to move a motion removing the MD from his post. The MD failed to oblige them, so the shareholders themselves met at a place and passed a resolution to remove the MD from his post. Is it a valid procedure?
Problem A company, in ignorance of the fact that it had been struck off the register, borrowed money on the surety of a charge on its property by the M.D. on an application by the company, the tribunal resorted it to the register. Decide its validity.
Problem "S" carried on business under an assumed name and he took shares in that name and became insolvent. His trustee in insolvency tries to avoid liability as a shareholder. Is "S" liable?
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