Company Law B.com 2nd Year Important Questions 2023

Today you will get the company law b.com 2nd year important questions for the preparation for the 2023 exam. 

These important questions have already been asked in past examination papers. 

But still, these can be asked in the upcoming examination 2023. 

So, if you want to get good marks in the exam then practice answering these questions.

You will see that several times questions repeat in the exam.

That will enhance the possibility to know the company law important questions for b.com students. 

The best way to prepare the notes on this subject is to write the questions in a notebook.

Then start to read the related chapters in the company law textbook. 

Understand the concept of the lesson.

Now write the answer with the help of the textbook in your own words. 

This process will help you to memorize the written answer fastly. 

This will be memorized for long period and save time when you revise it. 

Company law subject is good for the prospective career. 

So, many companies hire candidates, who have good knowledge of the company law. 

So, focus on enhancing your knowledge of this subject, if want to get a good job with a lucrative salary offer. 

Focus on, these company laws important questions and Answers sessions.

B.com 2nd Year Company Law Question Paper

B.com 2nd Year Company Law 1st Paper Question

  • Describe in brief the powers of directors. Is any restriction on their powers?
  • What do you understand by the voluntary winding-up of a company? 
  • Discuss the conditions for the voluntary winding-up of a company.
  • Analyze the process which is adopted for the formation of a company under the Indian Companies Act.
  • What is Debenture? Explain provisions relating to the issue and redemption of debentures. 
  • How is the share of any company transferred?
  • Differentiate between a Memorandum of Association and an Article of Association. Also, state the difference between a red herring prospectus and a shelf prospectus. 
  • Distinguish between companies limited by shares and companies limited by guarantee. 
  • Briefly discuss the functions of promoters.
  • What do you mean by Share Warrant?
  • Mention the role of central government with regard to the prevention of oppression and mismanagement in a company. 
  • What are postal ballots? Explain it. 
  • How can a memorandum of association be altered?
  • When is a person disqualified for appointment as a director of a company?
  • What are the objectives of holding an annual general meeting?
  • Explain the doctrine of indoor management and state the exceptions. If any, to the doctrine. 
  • Write short notes on the following:- (a) Special resolution (b) Ordinary resolution (c) Boards resolution 
  • What is the difference between Statutory companies and Registered companies?

B.com 2nd Year Company Law 2nd Paper Questions

  • What is meant by the incorporation of a company? Describe the process of incorporation of a Joint Stock Company.
  • Differentiate the following:- (a) Public and Private Companies (b) Holding company and Subsidiary company
  • What are the main causes of a memorandum of association of a company limited by shares? Describe the procedure of altering the object clause.
  • What do you understand by a Memorandum of Association? What are its contents? Explain.
  • What is meant by debenture? Explain the methods of issues of the debenture.
  • Define Managing Director. State the provisions of the act as to their appointment, disqualification, term, and remuneration of the Managing Director.
  • What are the legal provisions for holding an annual general meeting? What business is transacted at such meeting?
  • Write short notes on the following:- (a) Notice of meetings (b) Proxy (c) Meeting 
  • Describe the powers and duties of the official liquidator in case of winding up of the company tribunal.
  • Explain the rule of Majority and also describe the exception of this rule. 

B.com 2nd Year Company Law Model Questions Paper

  • Define a foreign company.
  • What is a shelf prospectus?
  • Write short notes on "Corporate Veil".
  • Describe the doctrine of Indoor Management.
  • What do you understand by Blank Transfer?
  • Who can become a member of a company?
  • Can dividends be paid out of capital reserves?
  • What is the statutory meeting?
  • Explain the legal position of a company's Director.
  • "In a company, the will of the majority is supreme" Explain.
  • What do you understand by a Private Company? Discuss the privileges and exemptions enjoyed by a private company as against a public company.
  • Is it compulsory for each company to have its own articles? State briefly its contexts.
  • What is the Share Warrant? What is the difference between a Share certificate and a share warrant?
  • Distinguish between floating charges and fixed charges. When does a floating charger become a fixed charge?
  • Give the definition of resolution. Describe the different types of resolution which can be passed at a company meeting.
  • In what circumstances in which a court can wind up a company? State the provisions in respect of company winding up.
  • What is ultra-vires borrowing? What remedies are open to a lender if a company resorts to Ultra-vires borrowing?
  • What is a company prospectus? What are the remedies open to a person who has been included to take a share in a company by misrepresentation in the prospectus?

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Rajesh Deepak
My name is Rajesh Deepak. I am working in a Private Organization. I started this blog to provide good exam materials for students, who are preparing for the upcoming examinations.