IGNOU| COMPANY LAW (BCOE - 108/ECO - 08)| QUESTION PAPER – (JUNE - 2021)| BDP| ENGLISH MEDIUM
BACHELOR’S DEGREE PROGRAMME
Term-End Examination
June, 2021
COMPANY LAW
BCOE-108/ECO-08
Time: 2 hours
Maximum Marks: 50
Note: Answer any five questions. All questions carry equal marks.
1. (a) Explain the meaning of Perpetual Succession and Artificial
Legal Person in case of a company. 3+3
(b) All the
members of a company died in an accident. Does the company still exist?
Discuss. 4
2.Who is a Promoter? Is he a member of the company? Discuss
the relationship of Promoter with the company. 2+2+6
3. Explain the ‘Doctrine of Ultra Vires’. What are its
effects? 5+5
4. What is ‘Articles of Association’? How can they be
altered? Explain. 2+8
5. What is a Prospectus? Discuss its role in Issue of
Shares. 4+6
6. Define ‘Equity Share’ and ‘Preference Share’. What are
their voting rights? How does a share differ from a debenture? Explain. 2+2+6
7. Who is a member of a company? What are the different ways
through which a person may become a member of a company? Explain. 2+8
8. Who can be a director of a company? How are they
appointed? Discuss. 3+7
9. Write short notes on any two of the following: 5+5
(a) Foreign
Company
(b) Transfer of
Shares
(c) Compulsory
winding up
(d) Doctrine of
Indoor Management
***
Also Read: