(D 1231 LL/CL/

TCL/CSL)

LL.M. DEGREE EXAMINATION, DECEMBER 2009.

First Year

Paper I — RESEARCH METHODOLOGY

(Common to all branches)

Time : Three hours Maximum : 100 marks

Answer any FIVE questions.

All questions carry equal marks.

1. Critically examine the relationship between theory and facts.

2. ‘Hypothesis is a proposition that can be put to test to determine its validity’.

Comment.

3. What is a research design? Explain various types of research designs.

4. Examine the utility of sampling techniques. Explain the various kinds of sampling
techniques.

5. Examine ‘Observation’ as a tool of research by bringing out the control techniques

over observation.

6. Explain the objectives of a ‘survey’ What are the merits and demerits of social
survey?

7. What is content analysis? How do you use it in legal research?

8. Explain the different techniques employed while processing data.

9. What are the various steps to be followed in writing research report?

10. Write short notes on any TWO of the following :

(a) Scope of Legal Research
(b) Formation of Research Problem
(c) Use of Statistics in Research
(d) Research Project.

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 (D 1233 CSL)
LL.M. DEGREE EXAMINATION, DECEMBER 2009.

First Year

Corporate and Securities Law

Paper II — GENERAL PRINCIPLES OF COMPANY LAW – I

Time : Three hours Maximum : 100 marks

Answer any FIVE questions.

All questions carry equal marks.

1. “A company is different from its shareholders”. Explain this statement with the
help of decided cases.

2. Under what circumstances the veil of a corporation is lifted?

3. Who is a promotor? What are his duties towards the company?

4. Define Articles of association. Describe in detail the doctrine of indoor-

management and the exceptions recognised in this regard.

5. What is the nature of a share? Differentiate between the rights of equity share
holder and preference shareholder.

6. “Allotment of shares are subject to the compliance of statutory restrictions”

Elucidate.

7. Define prospectus. What are the remedies available against the

misrepresentations made in the prospectus?

8. State briefly the various clauses of memorandum of association. Under what

circumstances the object clauses may be altered?

9. “What do you understand by ‘Pre-incorporation contracts’?”. Discuss the liability of

a company in relation to pre-incorporation contracts,

10. Answer any TWO of the following :

(a) Holding and subsidiary company
(b) Issue of shares at discount and underwriting commission
(c) Constructive notice
(d) Contents of prospectus.

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 (D 1234 CSL)

LL.M. DEGREE EXAMINATION, DECEMBER 2009.

First Year

Corporate and Securities Law

Paper III — COMPANY MANAGEMENT

Time : Three hours Maximum : 100 marks

Answer any FIVE questions.

All questions carry equal marks.

1. Describe in detail the restrictions imposed on the company before commencing the
business.

2. Who is a director? What is his position in relation to a company?

3. How is the appointment of a secretary is made? State his rights and duties.

4. Describe in detail the procedure for holding and concluding a meeting in a

company.

5. Explain the procedure for appointment and removal of an auditor.

6. Under what circumstances it can be said that there is a mis-management or

oppression in a company? What are the remedies available against oppression and
mis representation?

7. What are the duties and powers of company Law Tribunal in sanctioning the
scheme of arrangement?

8. What are the duties and responsibilities of directors in submitting the accounts
before the annual general meeting?

9. What is the role of national advisory committee on accounting standards and

policies? Briefly state the organisation of national advisory committee.

10. Answer any TWO of the following

(a) Register of members and shareholders,

(b) Vacation director,

(c) Statutory meeting,

(d) Qualification of an auditor.

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 (D 1235 CSL)

LL.M. DEGREE EXAMINATION, DECEMBER 2009.

First year

Corporate and Securities Law

Paper V — GENERAL PRINCIPLES OF COMPANY LAW — II

Time : Three hours Maximum : 100 marks

Answer any FIVE questions.

All question carry equal marks.

1. Explain the concept of 'capital' in relation to a limited company and state the
various senses in which the term 'capital' is used in company law.

2. "Sec.81 is intended to prevent the director from offering shares to out siders before
offer is made to share holders. A share holder becomes entitled under this section
to obtain shares in the further issue of capital as a right". Critically examine the
statement keeping inview of the recent development in company law.

3. Explain the salient features of the Depositories Act 1996.

4. Explain the law relating to issue of shares at a premium and issue of shares at a
discount.

5. Critically examine employees stock option scheme and employees stock purchasing
scheme.

6. "Public financial institutions are non-banking financial institutions. What are the
institutions that are recognized under 4A of companies Act as public institutions?
Briefly explain the salient features of each institution.

7. Explain the law relating to inter corporate loans.

8. Critically examine the manners in which and the time at which the divided can be
paid.

9. Critically examine the law relating to acceptance of deposits laid down in

companies Act 1956

10. Write short notes on any TWO of the following.

(a) Authentication of documents and proceeding
(b) External commercial borrowing
(c) Alteration of capital
(d) Debentures.
 ——————————
(D 1236(CSL))

LL.M. DEGREE EXAMINATION, DECEMBER 2009.

First Year

Corporate and Securities Law

Paper VI — ADMINISTRATION OF COMPANY LAW

Time : Three hours Maximum : 100 marks

Answer any FIVE questions.

All questions carry equal marks.

1. Composition of certain offences is a device under the Company's Act to shield the
nominal directors. Explain. What is the objective of the legislature behind such
remedy? State the limitations and role of Regional Directors in this regard?

2. Write a note on winding up unregistered companies under Companies Act, 1956?

3. Discuss in detail the powers and duties of official liquidator.

4. The company law Tribunal exercises vast discretionary power to order for winding
up of company under just and equitable clause. Discuss in detail some of those
grounds.

5. The application for revival of sick industry is subject to various conditions.

Elucidate. Discuss the role of National Company Law Tribunal in this regard.

6. Distinguish between members winding up and creditors winding up.

7. What is meant by contributory when can a contributor is liable to pay the unpaid
balance?

8. Write a note on Company Law Appellate Tribunal.

9. What are the proceedings that are taken up against delinquent officers in case of
fraudulent conduct of business, falsification of books?

10. Write short notes on any two of the following :

(a) Advisory committee
(b) Annulment of Dissolution
(c) Public Trustee
(d) Defunct company.
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