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University of Punjab PU Lahore LLB Part II Past Paper of Company Law Annual 2011

University of Punjab PU Lahore LLB Part II Past Paper of   Company Law Annual 2011

Annual 2011

Time Allowed: 3 Hours                                                                              Max Marks:100

Attempt FIVE Questions in all, selecting FOUR Questions from Part-I and ONE Question from Part-II. All Questions carry equal marks

Q.No

Question

Part-I Company Law

01

Explain the concept of a SINGLE MEMNER COMPANY. Describe its salient features and advantages of forming such a company

02

What do you understand by the term Promoter of a Company? Enumerate their duties and liabilities and how are they remunerated

03

How and to what extent may a company alter its object clause of the memorandum of association?

04

Define Articles of Associations of a Public Limited Company. What are usual contents of Articles of Associations? Is it necessary for a Public Limited Company to have Articles of Associations of its own?

05

What are the several ways in which a person can become a member and cease to be a member of a company?

06

Define Chief Executive. How is he appointed? What restrictions on appointment of a chief executive are imposed? What are his terms od appointment and how is he removed?

07

What is statutory meeting? What is the procedure provided by law for holding it? What particulars must a statutory report contain? What remedy has a shareholder if the meeting is not held or the report nit filed?

08

Define a debenture. State its contents. What are its various kinds for what period can they be issued and enumerate the remedies available to debenture holder

Part-II Negotiable Instrument Act

09

Define Promissory Note. What are the essential elements of a Promissory Note?

10

Define the term ‘Holder’. What are the essential requisites of a holder and who can and who cannot within the meaning of section /82

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