BIRLA INSTITUTE OF TECHNOLOGY-OFFSHORE CAMPUS

RAS AL KHAIMAH, UAE

QUESTION BANK-1 (SP/16)
Department: Management

Class: BCOM IV

Subject: BCM 403-Regulatory Framework for companies

1. Define an existing company.

2. Briefly explain the meaning of a company. Enumerate the section
wise definition of a company.
3. Company is an artificial person created by law. Examine this
4.
5.
6.
7.
8.

statement.
Elucidate the meaning of separate legal entity of a company.
Discuss the role of common seal in a company.
State the classification of companies based on liability.
Distinguish between statutory and registered companies.
State the grounds on which a government company differ from a

foreign company.
9. List down the characteristic features of a public company.
10.
Bring out the differences between a public company and a
private company.
11.
Write a short note on formation of companies.
12.
Who is a promoter?
13.
State the functions of a promoter.
14.
Enumerate the position of promoter in a firm.
15.
Explain in detail the stages in formation of a company.
16.
Define Memorandum of Association of a company.
17.
State the importance of MoA.
18.
Elucidate the contents of Memorandum of Association.
19.
List down the requirements of memorandum under sec.19.
20.
State the grounds on which a company can alter its
memorandum of association.
21.
What id Doctrine of Ultra Vires.
22.
Define Articles of Association.
23.
Differentiate between Memorandum of Association and Articles
of Association.
24.
Who can be director of a firm as per companies act.
25.
Briefly explain the qualification criteria for directors in a firm.
26.
State the law regarding the number of directors in a firm.

27.
28.
29.
30.

Explain in detail the various modes of appointment of directors.

Elaborate the duties of board of directors.
List out and explain the different types of meetings in a firm.
State and explain the various modes of winding up of a firm.