consequences ? 5+5. What is a statutory meeting ? When should it be. held ? What are the contents of a statutory report
ECO-8
BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2009 t-r) O
ELECTIVE COURSE : COMMERCE ECO-8 : COMPANY LAW
Time : 2 hours
Maximum Marks : 50 (Weightage 70%)
Note : Answer any five questions.
(a) Define 'One-man Company'.
5+5
(b) In an accident all the members of a company died. Does the company still exist ? Give reasons. Point out the differences between a memorandum and articles of association. Are they necessary 8+2 for every company ? What is an "Illegal Association" ? What are its consequences ?
5+5
What is a statutory meeting ? When should it be held ? What are the contents of a statutory report ? 2+2+6 ECO-8
1
P.T.O.
Define a director. How are directors appointed ? 2+8
Under what circumstances can a company be 10 compulsorily wound up by the court ? Explain in brief.
7.
8.
(a)
What are preliminary contracts ?
5
(b)
What is the legal position of a promoter ?
5
Write notes on any two of the following :
5+5
Minimum subscription Quorum
9.
(c)
Doctrine of ultra vires
(d)
Irregular allotment
What is an annual general meeting ? What is the 5+5 purpose of holding annual general meeting ? -o0o-
ECO-8
2
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