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Hbc2201:Company Law Question Paper

Hbc2201:Company Law

Course:Bachelor Of Commerce

Institution: Meru University Of Science And Technology question papers

Exam Year:2014

QUESTION ONE (30 MARKS)
(a) Define a promoter of a company and explain his fiduciary position in relation to a company. (10 marks)
(b) Can a company be bound by a contract made on its behalf before incorporation? What is the position of a promoter to a pre incorporation contract? (6 marks)
(c) Explain the circumstances in which the separate legal existence of a company will be modified or disregarded under the provisions of the companies Act (Cap. 486) (14 marks)
QUESTION TWO (20 MARKS)
(a) Discuss the doctrine of ultra vires with regard to the objects of the company and state the effect of an ultra vires transaction. (10 marks)
(b) Discuss the exceptions to the Foss Vs Harbottle rule. (10 marks)
2
QUESTION THREE (20 MARKS)
(a) Discuss the stages of incorporation. (8 marks)
(b) Explain who a member is and how membership can be acquired. (12 marks)
QUESTION FOUR (20 MARKS)
(a) Explain the relation of articles and memorandum. (10 marks)
(b) Explain the differences between a private company and a public company. (10 marks)
QUESTION FIVE (20 MARKS)
(a) Elaborate the exceptions to the Doctrine of indoor management. (10 marks)
(b) Discuss the circumstances in which the court would exercise its powers to order the compulsory winding up of a company. (10 marks)

Hbc2201:Company Law Question Paper

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