Test 1 - 2 All Law Papers
Test 1 - 2 All Law Papers
Test 1 - 2 All Law Papers
April, 2021. Discuss the validity of the proposal and the reversal.
63.
4. A company going for public issue of shares must issue such shares
till date. – Section 77 (b) The company has failed to register the
from the national oil companies, sells petrol and diesel, in addition
Section 188 will not apply as products are sold at arms length price.
3 years. Tarun seeks your advice on the following : (a) Tarun has an
Ltd. was issued a notice by the Reserve Bank of India declaring the
limits prescribed by RBl. Can Tarun be paid back the whole amount
of deposit with accrued interest without any deduction – Refund as
months.
India.
3) Explain the 'pith and substance' rule with the help of decided cases.
for a term of three years with a fine of 6,000 and in lieu of non-
imprisomenemt.
5) A real estate company has its head office at Delhi and branch
dispute against the company in a court at Patna. How will the court
decide ?
also gave the details of his business there. Discuss, what facts are
8) 'X' is charged for murder of 'Y'. The chargesheet is filed in the court
your advice in the matter ? CJM does not have power to pass life
imprisonment.
Companies, Elucidate.
LLPs have advantages but it can not come up with public issues.
8) ABC Ltd. has altered its name from BCD Ltd. to ABC Ltd. However,
the fact of alteration of name of the company was not brought to the
notice of NCLT. Please advise the company ABC Ltd. whether it has
a right to execute a decree in its new name after the change of name.
MOA is liable to stamp duty as per the rate of stamp in the state of
Transaction+FCRA+TOPA
Up to 250000 us dollar per resident per financial year for current as well
3) X has two properties, property ‘A’ and property ‘B’. He sells his
more than one storey on property ‘A’, so that property ‘B’, which he
retains, shall have good light and free air. Ascertain, whether
1882 ?
7) What do you mean by the rule of lis pendens ? Write down the
Section 52 ofTOPA
TOPA
Guidelines
In the given problem M/s Highspeed Ltd. has utilized Rs. 400 crore
out of total Rs. 500 crore raised through public issue. As the amount
utilized is more than 75% of the total amount raised, the company
may utilize the remaining unutilized 100 crore for the purpose as
the period 1st April, 2018 to 30th Sept., 2018. NDL had entered into
discussion on the deal was made on 1st April, 2018 but SPA was
signed on 25th April, 2018. During 1st April, 2018 to 30th Sept.,
2018, the promoter and his wife dealt in the script of NextDial Ltd.
(UPSI) ? Yes
What will be the date of UPSI ? 25th april (iv) What are the factors
penalty for the act ? Amount of unfair gain and wrongful loss
2018 are as under : (i) Authorised Share Capital : ` 700 crore (ii)
Paid-up Capital : ` 300 crore (iii) Free Reserves : ` 800 crore The
share for every share held d. Post Bonus issue Capital : Rs. 900 Crores
the authorized capital by 200 crores or more. The Reserves & Surplus is
Rs. 800 crores, therefore bonus issue of Rs. 450 crores can be made out
of reserves & surplus. – ALSO COMPLY WITH OTHER
REQUIRMENTS
securities market.
including small investors can see on an hourly basis where the book
party about the appeal procedure and powers of SAT. – write the
auditor of FDE Textiles Pvt. Ltd. DEF Products Ltd., the holding
be held by Sona ?
Rules and Section 148 of the Companies Act, 2013 for appointment
the company desires to appoint the same Cost Auditor for the next
Discuss.
5) Explain provisions with regard to voluntary revision of financial
statement.
6) The Registrar has suo moto struck off the name of M/s A2Z
Solutions, a LLP from the register as Registrar has a reasonable
cause to believe that the LLP is not carrying on any business for last
two years. Being aggrieved by the order of Registrar, the LLP wants
to file an appeal before National Company Law Tribunal (NCLT)
for restoration of the name of the LLP in the Registrar of Partnership
maintained by the Registrar. Referring to the provisions of the
Limited Liability Partnership Act, 2008, advise the company on the
procedure to be followed for making an application to NCLT.
7) RKG Infrastructure Ltd. were incurring continuous losses and its
financial position went bad to worse. Now, Company is undergoing
a corporate insolvency resolution process. Dinesh who is one of the
senior employees of the company has not been paid his salary for
over 3 months amounting to 4,50,000. He files an application for
initiating corporate insolvency resolution process with an
Adjudicating Authority. Analyze and state whether Dinesh is
entitled to make an application to initiate corporate insolvency
resolution process.
JIGL Topics : Arbitration + Interpretation + Registration of
Documents + IT Act + Limitation .
1) Briefly mention internal and external aids to interpretation of statute
2) Distinguish between ‘Public key’ and ‘private key’.
3) Advise in the matter of the following, the provisions of registration
of documents under the Registration Act, 1908 with reference to
section applicable : (i) Lease agreement for eleven months with rent
payable monthly, having an option to the tenant to renew for further
for the same period and so on. (1 mark) (ii) Lease agreement is only
for a year with a reserved rent for the period granted vis. one year. (1
mark) (iii) Lease agreement for one with reserving yearly rent. (1
mark) (iv) Lease agreement for a fixed term of five years with yearly
rent payable. Explain the rule of ejusdem generis with the help of
any case decided by the Supreme Court of India.
4) Describe the offence of ‘ hacking’ the computer system as
provided under the provisions of the Information Technology Act,
2000.
6) Happy Ltd. makes an issue worth ` 150 crore to the public, out of
which ` 30 crore was for sale to existing shareholders. Explain the
provisions regarding the utilisation of proceeds and state whether
any exception is available.