BCOC-135 · December 2024 · English

IGNOU BCOC-135 December 2024 Previous Year Question Paper

Company Law

Structured previous year question paper for BCOC-135, December 2024 session.

Max marks: 100 · Questions: 10

Verified: 29 Jul 2026

BACHELOR OF COMMERCE (B. COM.)

Term-End Examination

December, 2024

BCOC-135 : COMPANY LAW

Time : 3 Hours Maximum Marks : 100

Note: Attempt any five questions. All questions

carry equal marks.

Q1.Discuss different types of companies on the basis of

(a) incorporation,

(b) liability, and

(c) control.

Q2.Who is a promoter of a company ? Discuss the functions and legal position of a promoter. (2+10+8)

Q3.What is the meaning and purpose of ‘Articles of Association’ ? Explain the doctrine of indoor management. Are there any exceptions to this doctrine ? If yes, explain. (4+8+8)

Q4.(a) What are preference shares ? Explain different types of preference shares. 2+8

(b) Distinguish between rights shares and bonus shares.

Q5.(a) What is forfeiture of shares ? What is the procedure of forfeiting ? What are the effects of forfeiture ? 2+4+6

(b) What do you mean by buyback of shares ? From what sources the company can buy its own shares ?

Q6.What do you mean by member of a company ?

Q7.Explain the rights of a member of a company. When does a member cease to be the member of a company ? (2+10+8)

Q8.Who can be appointed as a director ? Discuss the liabilities of a director to the company and to the third party. (4+8+8)

Q9.What is Annual General Meeting ? What is the purpose of holding it ? Enumerate the rules regarding Annual General Meeting. (2+8+15)

Q10.Write explanatory notes on any two of the following : 10+10

(a) Doctrine of Ultra vires

(b) National Company Law Appellate Tribunal

(c) Misstatement in a prospectus

(d) Whistle Blowing HE War ei 43-165/820८-135 2.1. 0. [

(71)