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CL TEST CH- 1

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CHAPTER 1 = INTRODUCTION OF CA,2013
EXAMINATION QUESTIONS:Comment with reason:
piercing through corporate veil ?
( 5 MARKS )
In an AGM of amar { pvt } ltd , all the shareholders were
killed in a bomb blast, state whether the company is still in
existence . If so, how ?
( 4 MARKS )
A company incorporated under the companies act, 2013 being
an artificial person, Is not entitled to sue a natural person or to
sue another company incorporated under the same act.
Comment.
( 5 MARKS )
A company incorporated under the companies act,2013 never
dies except when it is wound up as per the law.
( 5 MARKS )
Explain clearly the meaning of ( lifting of corporate veil ) in
relation to a company incorporated under the companies act,
2013. Examining the judicial decisions, state whether
< corporate veil > can be lifted in the following case :
1. Where the corporate veil has been used for improper
conduct ?
2. Where the acts of a company are opposed for workmen?
( 4 MARKS )
Six persons are the only members of Tab ( pvt ) ltd. All of them
went to USA on a pleasure trip by aeroplane. On the way, the
plane crashed and all the six members died does Tab ( pvt ) ltd.
Still exist? Decide?
( 4 MARKS )
Three companies incorporated with the same set of
shareholders are treated as same companies under the
companies act, 2013. Comment ?
( 5 MARKS )
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