ry. Kaci estions to be answered within the Nerever necessary, candidate ‘mety of the answer, state them in the Section, -A (Compulsory) ividend shall Sank in a soy days from the aration of such dividend, (a) Five (b) Six (©) Seven (@) Ten GD) Where a company changes the lace of its registered office from the Jurisdiction of one Registrar to the Jurisdiction of another Registrar within the some Stale, Such change is to be confirmed by SS on application made by a company (a) Director (b) Managing Director (©) Regi financial statemen ofmeeting, May be sent less than rights, (@) 75% (b) 80% ¥5 shall be sent in not tess than 2 days bef (©) 90% re the date. 21 days before, itsharcholaen with — voting {aking of property by @ Government TOM a person who is suspected of Violating of tewy i (@) Inspection () Investigation Law official (c) Search I. Enforcement official iS known as ould not be less than 20% of the post issue (4) An initial pubic offer () Further public offer OA composite issue (A) Fresh public offor 29268 Please Turn Overp-13(CEL) Q) Syllabus 2022 (vd) Banking Companies incorporated in India are obligated to transfer to the 1eSe1V" funda ties Dan ___— Ot projiteach year, anless the amount iD inthe share premium account is MO than orequal gumequivalent Such fund together with the amour tots paid up capital. (a) 5% (b) 10% (Cc) 20% (a) 5% (vity Under which principle insurance a promise whereby Ine assured undertakes tbat Tree articular thing shal or Shell = tbe done, oF that some condition shall be fulfilled smatems or negatives tbe existence of a particular sta (a) Good faith (b) Warranty (©) Conditions (@ Indemnity (iii) Banks pay dividends aftr taking spevitie appro) {ay The Reserve Bank of bndia (b) The Central Government (¢) Board of Directors (4) Chairman of the meeting (ix) Teis a public-private partnership project to provide single ee igmance solution with reeard re ihandling of grievances a of esnential services. This project js known as wal of window, seb sustainable Jand record maintenance and providing a mix ia). Bho Project in Karnataka (b) Lokvani Project in OF (c) E-Seva io ‘Andhra Pradesh (a) E-Mitra Project in Rajasthan (x) The quality of something which enables One 1 uadersiand the truth easily, 17 the e and timely disclosure context of Corporate Governan’c implies an accurate, adequate comiéfevant information abont the operating results, This principle of Corporate Governance is known as {a) Accountability (b) Transparency (c) Tndependence (a) Fairness (xi) Abuse of dominant impedes For fair compesito vd makes it difficult for other players to comp: nerit, It does not include (a) predatory pricing, {b) ereating barriers entry (6) agreement to fix price. (@) imposing unfair conditions oF PRES” explains consumers wn between Firms, rant undertaking ete with the domG) P-13(CEL) Syllabus 2022 Question No. (xii to xv): PQR limited has on its Board four directors A, B, Cand D. In addition, the Company has Mr. B as the managing dircctor. The Company slso has a full time company secretary Mr. F on its rolls. The financial statements of the company, ie. Balance Sheet and Statement of Profit & Loss and the Board's Report for the year ended 31st March, 2023 were authenticated by two of the diteciors, Mr. B and C under their signatures, referring to the provision of the Companies Act, 2013. Examine the validity of the authentication of the Balance Sheet and Statement of Profit & Loss and Board’s Report, (xii) Tn-case of one person eompeny by— (a) Three directors only (b) Two directors only (©) One dircetor only (@) Four directors only Giii) In other case at least by (@) ‘The Chairman of the company (b) The Chief Financial Officer of the company wherever he is appointed. (c) The Chief Account Officer if he is a dizcotor in the company (A) The Chartered Accountant of the company wherever he is appointed. Gsiv) If thero is no chaitman of the board, the financial statement should have been si igned by (a) any one director out of four directors A, B,C and D. (b) Mr, E (ihe managing director) (©) Mr. F (the company secretary) @ Allof them (@v) The Board’s Report should have been signed by (a) Auditor (b) any one director out of four dir rectors A, B,C and D. (©) Shareholder (@) Manager Seetion-B Answer any five questions out of seven questions given, Each questions carries 14 marks. 2. (a) Is their any provision for Prohibition on Acceptance of Deposits from Public exist in Companies Act, 2013? Tf so, analyze the provision. 7 (8) All related party transactions shall require approval of the Audit Commitice and the Audit Committee may make omnibus approval for related party transactions proposed {abe entered into by the company subject to certain conditions. Elucidate that conditions (© omnibus approval for related party transactions, 7P-13(CEL) (4) Syllabus 2022 3 (@) (b) 4. (a) o) 5. (a) (b) 6. (a) ) 7. (a) (b) & @) b) Section 180 of the Companies Act, 2013 provides certain restrictions on powers of Board of Directors. List out those restrictions. 7 Briefly narratc the provisions of Section 135 of the Companies Act, 2013 relating to minimum contribution w.r. Corporate Social Responsibilities 7 ‘The Board of Directors of POR Limited met thrice in the year 2022 and 4th meeting though called but could not be held for Want of quarum. Examine with reference to the tulevant provisions of the Companies Act, 2013, whether any provision of the Act has been contravened, 7 KFR Limited was registered as a public company, There are 230 members in the company as noted below: (i) Directors and their relatives = 50 Gi) Employees = 15 (iii) Bx-cmployees (Shares were allotted when they were employees) = 10 (iv) § couples holding shares jointly in the name of husband and wife (5x2)-10 (v) Others = 145 The Board of Dizectors of the company proposes to convert it into a private company: ‘Advise whether reduction in the number of members is necessary. 7 How far the acts of the director will be invalid if bis appointment is not valid? i Tn a scheme of reconstruction by a multinational company listed in India, the company ir ited the minority sharcholders to get ont of the company by selling their shares back to the promoters alaprice determined by the promoters. The minority shareholders were not given a choice whether they wanted (0 tender their shares or not. Ta the meeting, The were six non-promoter sharcholdars who voled against the scheme, but Chairmen Usclenea that the motion Was carried with an overwhelming majority of more than 90% Shareholding, However, minority shareholders contended that they bad a right to reject the offer. Will they succeed’? 7 Prepare a statement of the Features of Corporate Governance. T “The business intelligence has some process of worrks, Elucidate that process of works. 7 ‘An issuer cannot make a public issue or rights issue of eqnity shares and convertible ei inies under certain conditions. Explain that condition for a public issue or rights issue of oquity shares and convertible securities. a Fmumerate the Penalty for offences in relation to furnishing of information under the Competition Act, 2002. 7 Discuss Permitted Investments by persons resident outside India, 7 ‘An assot reconstruction company may, for the purposes of asset reconstruction, provide for any one or more of the measures. Elucidate that measures to be taken for assels reconstruction. 1