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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:2012

QUESTION ONE
(a) it. Support your answer by decided cases. (10Marks) (b) (i) What is Articles of Association? (2Marks) (ii) State the relationship of the Articles to the Memorandum of Association. (6Marks) (c) Give a brief account of the various methods by which corporations can be formed.
QUESTION TWO (a) (i) Define a promoter of a company. (3Marks) (ii) Explain and illustrate with decided cases, his legal position in relation to the company. (7Marks) (b) Discuss the Doctrine of ultra vires with regard to objects of a company and state the effect of an ultra vires transaction. (10Marks)
QUESTION THREE (a) (10Marks) (b) Briefly highlight the meaning of underwriting commission as related to issue of a prospectus. (10Marks)
QUESTION FOUR (a) Describe briefly the various types of company meeting. (10Marks) (b) Explain the rights and duties of auditors. (10Marks)
QUESTION FIVE (a) List and analyse the circumstance under which the shares may be forfeited and what is the effect of forfeiture? (10 Marks) (b) Explain the ways the company may be wound up by the court. (10Marks)

Hbc2201:Company Law Question Paper

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