LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.COM. DEGREE EXAMINATION – COMMERCE
FOURTH SEMESTER – APRIL 2006
TH 64
C 432 – COMPANY LAW
Date & Time : 02-05-2006/9.00-12.00
Dept. No.
Max. : 100 Marks
PART – A (10  2 = 20)
Explain / Define the following concepts in five lines each.
1. Company
2. Prospectus
3. Government Company
4. Special Resolution
5. Memorandum
6. Statutory Meeting
7. Government Directors
8. Promoter
9. Indoor Management
10. Articles of Association
PART – B (5  8 = 40)
Answer any FIVE questions. Answers should not exceed 2 pages each.
11. Explain the characteristics of a company
12. Differentiate between public and private companies. What are the privileges
of private companies.
13. Explain the rules regarding allotment of shares.
14. Explain the rules regarding the appointment of a Managing Director in a
Company.
15. What are the difference between memorandum of association and articles of
association.
16. Explain the liabilities of the promoter of a company.
17. Explain the rules regarding the holding of an annual general meeting of a
company.
18. When will you lift the corporate veil of a company?
PART – C (2  20 = 40)
Answer any TWO questions. Answer should not exceed 4 – 6 pages each.
19. Explain the contents of the prospectus.
20. How would you alter the memorandum of association?
21. Explain the procedure for transferring shares. What is known as transmission
of shares.
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