problem 1) How is company formed under companies Act, 1956? Enumerate the different documents to be filed with registrar of companies prior to incorporation.
problem 2) Who are liable for misstatement in the prospectus? Describe the extent of civil and criminal liability for such misstatements.
problem 3) Briefly describe the provisions of Companies Act, 1956 regarding the mode of appointment of directors of the company.
problem 4) “It is in general just and equitable that the company must be wound up when its substratum is shown to have gown.” Describe the test to be applied in this regard before a winding up order is passed under the ‘just and equitable’ clause.
problem 5) prepare brief notes on the following:
a) Articles of Association
b) Requisite of a valid meeting
c) Transmission of shares
d) Company secretary
problem 6) ‘An agreement enforceable by law is a contract’. describe in detail the definition and bring out clearly the essentials of a valid Contract.
problem 7) prepare the definition of unpaid seller. What are his rights under Sale of Goods Act,1930.
problem 8) Make a distinction of the following:
i) Bailment and Agency;
ii) Indemnity and Guarantee.
problem 9) “The Indian Partnership Act has effectively ensured the registration of firms without making it compulsory.”describe in detail.
problem 10) prepare brief notes on the following:
A) The Dissolution of Partnership Firms;
B) Concept and contract of Agency ;
C) Remedies for Breach of Contract and Quasi Contract both