Saco31 QP

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(6 pages) Reg. No. : ..........................................

Code No. : 20455 E Sub. Code : SACO 31

B.Com. (CBCS) DEGREE EXAMINATION,


NOVEMBER 2020.
Third Semester
Commerce – Allied
COMPANY ORGANIZATION
(For those who joined in July 2017 onwards)

Time : Three hours Maximum : 75 marks

PART A — (10 × 1 = 10 marks)


Answer ALL questions.
Choose the correct answer :

1. The first joint stock companies act in India was


passed in
(a) 1844 (b) 1850
(c) 1857 (d) 1913

2. The administration of the company law in India is


in the hands of
(a) the high court
(b) the company law board
(c) the state government
(d) the company law advisory committee
3. A company cannot appoint simultaneously a
managing director and
(a) a manager
(b) a secretary
(c) a general manager
(d) a chairman

4. The office of a director becomes vacant if he fails to


obtain his qualification shares within
(a) 30 days
(b) 1 month
(c) 2 months
(d) 3 months, of his appointments

5. The statutory meeting is required to be held by


(a) all companies
(b) only private companies
(c) only public companies
(d) only registered companies

6. The proper authority for convening a general


meeting of a company is the
(a) Board of directors
(b) Managing director
(c) Chairman of the Board of directors
(d) Shareholders

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7. A special resolution must be filed with the
Registrar for registration within
(a) 14 days
(b) 21 days
(c) 30 days
(d) 45 days, of its passing

8. The notice for a general meeting of a company


must be given at least
(a) 7 days
(b) 14 days
(c) 21 days
(d) 30 days before the meeting

9. Who convenes the meeting of committee of


creditors?
(a) the applicant
(b) the resolution professional
(c) the managing director
(d) the financial creditor

10. Who ordinarily appoints registered valuers under


the companies Act, 2013
(a) Audit committee of the board
(b) Board of Directors of the company
(c) Registrar of the companies
(d) Valuation committee of the board

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PART B — (5 × 5 = 25 marks)

Answer ALL questions, choosing either (a) or (b).

Each answer should not exceed 250 words.

11. (a) Explain the characteristics of a company.

Or
(b) Write the exceptions of corporate veil.

12. (a) Discuss the law relating to the remuneration


of the directors of a public company.

Or
(b) What are the disqualifications of a director?

13. (a) Write a note on voting and poll in a company.

Or
(b) Write a note on resolution.

14. (a) What is a statutory meeting? Explain its


contents.

Or
(b) What are the requisites of a valid meeting?

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[P.T.O.]
15. (a) State the importance of conducting creditors'
meeting.

Or
(b) Mention the advantages of conducting
debenture holders’.

PART C — (5 × 8 = 40 marks)

Answer ALL questions, choosing either (a) or (b).

Each answer should not exceed 600 words.

16. (a) Explain the classification of a company.

Or
(b) Distinction between a public company and a
private company.

17. (a) Explain the duties of a director in a


company.

Or
(b) Explain the powers of a manager in a
company.

18. (a) Write a short note on quorum and agenda.

Or
(b) Mention the duties of chairman in a
company.
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19. (a) Mention the importance of conducting share
holders meeting.

Or
(b) Explain the statutory report.

20. (a) ‘Meeting of debenture holders’ –– Explain.

Or
(b) Mention the purpose of conducting creditor
meeting.

——–––––––––

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