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

How to Prepare for CA Intermediate Corporate and Other Laws

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Question directory and available solutions

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

1. New Limited, a listed entity, passed a resolution in its Board meeting for the appointment of Verma & Associates, Chartered Accountants, as the…
2. Studies LLP was incorporated on 15 th April, 2024, with Prem, Pramod, Naveen, and Vimal as partners. Among them, Prem and Pramod were designated…
3. Mr. Arun Kumar, a software engineer from Bangalore, had worked with a US-based technology company in Silicon Valley for the past 4 years. In April…
4. A Limited made a public issue of debentures. The articles of the company authorises the payment of underwriting commission at 2 per cent of the…
5. ABC Limited has received application money of rupees - 20,00,000 (2,00,000 equity shares of rupees 10 each) on 10 th October, 2024 from the…
6. ABC Limited operates a factory near a river. A recent Central Act mandates that factories must be located at least 3 kilometers away from any river.…
7. Mr. Mukhiya owned a land with fifty neem trees. He sold his land and the timber (obtained after cutting the trees) to Mr. Ambar. As per the General…
8. Alok incorporated a One Person Company making his sister Apeksha as the nominee. Apeksha is an Indian citizen. She was born and brought up in…
9. ABC Private Limited was incorporated on 30 th September 2020. It has a paid up share capital of 45 crore. The company had a turnover of 250 crore…
10. Mr. New has won a big lottery and wants to remit US Dollar 20,000 out of his winnings to his son who is in Singapore.
11. Mr. Manoj requires US Dollar 5,000 for remittance towards hiring charges of transponders.
12. ABC Limited is a public company having its registered office in Mumbai. It has 3680 members. The company sent notice to all its members for its…
13. Whether the adjourned AGM was validly conducted?
14. One of the matters contained in the articles of PQR Foundation, incorporated as a limited company under section 8 of the Companies Act, 2013, was…
15. Affidavit
16. Good Faith
17. ABC Limited wants to raise funds for its upcoming project. It has issued private placement offer letters to 55 persons in their individual name to…
18. If in case (i) before allotment under this offer letter company issued another private placement offer to another 155 persons in their individual…
19. Being a public company can it issue securities in a private placement offers?
20. Lily Private Limited on 5 th February 2024 obtained rupees 30 lakh working capital loan by offering its Stock and Accounts Receivables as security…
21. Does an explanation added to a section widen the ambit of a section?
22. Sriram Private Limited is a start-up company. Mr. Lovely has been appointed as Accounts Manager of Sriram Private Limited. The Board meeting for…
23. XYZ LLP was incorporated on 15 th March, 2023, with its registered office in Mumbai. The LLP received a legal notice from a supplier at this…
24. When can the Preamble be used as an aid to interpretation of a statute?
25. Explain the provisions of the Companies Act, 2013 relating to the 'Service of Documents' on a company and the members of the company?
26. Under the Companies Act, 2013, an auditor appointed by a company is allowed to provide only those services that are approved by the Board of…
27. Ms. Alka was director in Sweets Private Limited. Once while dealing with supplier of raw materials for company, she agreed to get some secret…
28. In a general meeting of a company, the shareholders passed a special resolution regarding some special matters. There were 30 members present in the…
29. Namaste Limited, a foreign company having its Indian principal place of business at Ranchi, Jharkhand is required to deliver various documents to…
30. List any seven permissible classes of Capital account transactions that a person resident in India can undertake, under the Foreign Exchange…
31. Brilliant Company Ltd. has an existing paid-up equity share capital of 100 crore. Over the past few years, it has already issued sweat equity shares…
32. Star LLP is a limited liability partnership engaged in the business of eco-friendly product manufacturing. The LLP was initially established with…
33. Green Wood Limited ("GWO") is establishing an integrated organic food processing facility in Kerala. On 15th January, 2024, the Central Food Safety…
34. The Board of Directors of ABC Limited are contemplating to declare interim dividend in the last week of July, 2024 but the company has incurred loss…
35. Entrenchment enhance the protection. ABC Limited, an existing private company willing to insert the provisions for entrenchment; it
36. Mr. X had resided in India for less than 182 days during the financial year 2022-2023. He arrived in India on April 1, 2023, to conduct business and…
37. After five years of stay in USA, Mr. Amar came to India at his paternal place in New Delhi on October 25, 2022, for the purpose of conducting…
38. Vardha Ltd., a textile company, had issued 5,00,000 preference shares of 100 each in 2015, which are now due for redemption in 2025. The company has…
39. Green Ltd., a power generating company, attracted numerous investors due to its strong growth potential. Mr. Arju, one of the investor purchased a…
40. Analyse the following situations and comment upon the legal validity of the transactions in the light of the FEMA, 1999. (1) John, a foreign…
41. A company intends to hold its Annual General Meeting (AGM) on shorter notice due to urgent business requirements. However, some shareholders argue…
42. One X Ltd., a technology-based company, has a paid-up equity share capital of 40 crore. The company previously issued sweat equity shares worth on 8…
43. CCTV recording of an incident can be considered as a document. Explain what do you understand by the word document and how will you justify your…
44. To prevent excessive concentration of control among a group of shareholders, describe with the help of an example how the Companies Act, 2013,…
45. Mr. Dan, an Indian citizen decides to start a software development company and opts for a One Person Company (OPC). He appoints his friend, Mr.…
46. "No vehicles are allowed in the park." Comment on the statement, explaining the concept of 'Construction' in legal interpretation. Mention its…
47. Moringa Ltd. initially issued preference shares with a fixed 10% dividend. Later, the company decided to reduce the dividend rate to 8%, as the…
48. Analyzing the role and liabilities of Designated Partners in a Limited Liability Partnership (LLP) under the LLP Act, 2008, answer the following…
49. Ms. Mona employed in X-One Corporation, adopted a three-month-old baby applied for maternity leave under her company's policy, which provided 26…
50. Energy Mills Ltd. has issued equity shares with a face value of 10 per share. Mr. Amit and Mr. Burman are both friends. Mr. Amit holds 1,000 fully…
51. Adhar Ltd. and Mittal Ltd. both took loans from different banks and provided security against them. Adhar Ltd. mortgaged its factory building and…
52. Mr. P resided in India during the Financial Year 2023-2024. He left India on 15th July 2024 for Switzerland for pursuing higher studies in…
53. ABHI Ltd. is holding its Annual General Meeting (AGM) to pass a crucial resolution regarding the expansion of its business operations. However, many…
54. X-Sale Ltd. declared a dividend in 2015, but some shareholders did not claim it. As per the Companies Act, 2013, the unclaimed dividend was…
55. Examine the given situations in the light of the FEMA, 1999: 1. LMN Ltd. had total foreign exchange earnings of USD 600 million in the last three…