CA Inter Corporate and Other Laws MTP January 2025: Question Paper and Solutions

How to Prepare for CA Intermediate Corporate and Other Laws

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Question directory and available solutions

52 indexed questions. Open a question to read its full statement and available answer.

1. Prakash Limited and Vasudha Private Limited (VPL) were incorporated in January 1999 by Mr. Vicky Tripathi and his family members. Both the companies…
2. Rahul and Meenakshi, two young entrepreneurs, founded “Educom Innovators LLP” under the Limited Liability Partnership Act, 2008, with a focus on…
3. In 2024, New Limited, a company specializing in international trade, needed to send an important notice to one of its clients, Mr. A, regarding a…
4. ABC Private Limited is a project engineering, procurement and construction company. The company has bagged a contract from the Government of State…
5. Mr. Narain Srinivas had enrolled himself for management course of three years with IOL, Mumbai. Out of three years, two years of educational course…
6. Green Tree Limited is planning to issue debentures to the public and, as per the legal requirements, must appoint a debenture trustee before making…
7. Best Limited initially created a charge in favor of LKJ Bank for a financial facility. This charge was duly registered. A few months later, LKJ Bank…
8. Alpha Limited (listed on Stock Exchange) was incorporated on 1 st October, 2019 with a paid- up share capital of 200 crore. Within this small time…
9. Examine the following situations in the light of the Companies Act, 2013: (i) Mr. Prem, a Chartered Accountant, has been appointed as an auditor of…
10. Referring to the provisions of the Foreign Exchange Management Act, 1999, state the kind of approval required for the following transactions: (i) A…
11. Mr. Romit is an employee of PQR Trading Private Limited. As per his contract of employment, his annual salary is 5,00,000. Mr. Romit paid to the…
12. MNO Limited are finalising its financial statements and found that the value of one of its properties has increased. The company came across certain…
13. Explain the following with reference to the provisions of the General Clauses Act, 1897: (i) Movable Property (ii) Oath
14. Explain the provisions of the Companies Act, 2013- who can get a licence to operate as a section 8 company (non profit organization)?
15. Verma Limited has Equity Share Capital of 20,000 shares @10 each. The Company has received a requisition from Mr. Jai and Mr. Narayan each holding…
16. Does an explanation added to a section widen the ambit of a section?
17. Anoj Limited declared a final dividend to its shareholders at the Annual General Meeting on 1 st August, 2024. As per the decision, the dividend…
18. Define the term ‘Financial Year' as per the provisions of the Limited Liability Partnership Act, 2008.
19. What is the effect of proviso? Does it qualify the main provisions of the enactment? Explain it with reference to Interpretation of Statutes.
20. Kishore, Kanshik, Yuvan and Bhora were partners in ABC & Associates LLP. Yuvan resigned from the firm effective from 11 th November, 2024 but this…
21. The auditor of ABC Limited (not a government company) has resigned on 31 st December, 2023, while the Financial year of the company ends on 31 st…
22. What do you understand by the term ‘Good Faith'. Explain as per the provisions of the General Clauses Act, 1897.
23. Examine the validity of the following decision of the Board of Directors with reference to the provisions of the Companies Act, 2013: In an Annual…
24. ABC Limited served a notice of General Meeting upon its members. The notice stated that a resolution to increase the share capital of the company…
25. Explain the provisions of the Companies Act, 2013 [read along with the Companies (Registration of Foreign Companies) Rules, 2014] in respect of…
26. Explain the meaning of term ‘Current Account transactions' as defined under the Foreign Exchange Management Act, 1999.
27. Mr. V started a new venture of on-line business of supply of grocery items at the door- step of consumers. Initially it was having the area of…
28. DEF LLP is a well-established limited liability partnership engaged in providing consulting services. It has four partners: A, B, C, and D, each…
29. Sunrise Technologies Private Limited ("STPL") was in process of establishing its new software development center in Pune. On 28th February, 2024,…
30. The Annual General Meeting (AGM) of Green Limited was held on 31.8.2024. Suppose the Chairman of the company after two days of AGM went abroad for…
31. Sneha, a resident of India, wants to invest her savings. She considers buying shares of a US-based company to benefit from the growing tech market.…
32. Rahul, a resident of India and an avid horse-racing enthusiast, earns 5 lakh as prize money from an international horse-racing event held in Dubai.…
33. Mr. Mudit works as an employee at ABC Private Limited with an annual salary of 3,00,000, as specified in his employment contract. Mr. Mudit paid to…
34. Nath Private Limited is a start-up company. Mr. P has been appointed as Accounts Manager of Nath Private Limited. The Board meeting for approval of…
35. Mr. Ramchandra is a partner and in- charge (and certifies financial statements) of A & Associates. The firm is appointed as an auditor firm of Badri…
36. Referring to the provisions of the Foreign Exchange Management Act, 1999, state the kind of approval required for Payment of commission of U.S. $…
37. Samay Publishing Limited facing acute cash crunch wants to utilise a portion of 'Deposit Repayment Reserve Account' to pay off its short-term…
38. Mr. Kaushal is a Chartered and an MBA by profession, has been appointed as an Executive Director on the Board of XYZ Limited. His job profile…
39. Explain the following with reference to the provisions of the General Clauses Act, 1897: (i) Person (ii) Document
40. Trinity school started imparting education on 1st April, 2010, with the sole objective of providing education to children of weaker society either…
41. A General Meeting of ABC Private Ltd was scheduled to be held on 15th April, 2024 at 3.00 P.M. As per the notice, the members who will be unable to…
42. Write short notes on the following in understanding definitions while interpreting statutes: (i) Ambiguous definitions (ii) Definitions subject to a…
43. State the persons responsible for complying with the provisions regarding maintenance of Books of Accounts of a company. Support with the help of…
44. Define the term ‘Small limited liability partnership' as per the provisions of the Limited Liability Partnership Act, 2008.
45. What are the differences between interpretation and construction in the legal context, and how do these two concepts relate to each other as per…
46. Kedar Limited, an unlisted company, registered in the state of Haryana with 100 shareholders want to organize the Annual General Meeting of the…
47. Form Limited is engaged in the business of manufacturing shoes for kids. It is required to hold its Annual General Meeting (AGM) for the financial…
48. ABC Limited operates a factory situated near a river. As per a recent Central Act, factories must be located at least 5 kilometers away from any…
49. Mr. H acquired a property from PQR Limited which was mortgaged to ABC Bank. He settled the dues to ABC Bank in full and the same was registered with…
50. Mr. Prakash purchased a commercial property in Mumbai belonging to PQR Limited after entering into an agreement with the company. At the time of…
51. XYZ Limited, a company incorporated outside India and to which provisions of Chapter XXII of the Companies Act, 2013 are applicable, entered into a…
52. Explain the meaning of the followings terms as defined under the Foreign Exchange Management Act, 1999: (i) Authorised person (ii) Currency