Question 1.Distinguish between: ‘E-voting’ and ‘voting by show of hands. (June 2017) (4 marks)Answer: Basis of Distinction ‘E-voting’ ‘Voting by show of hands Governing Section Section 108 of the Companies Act, 2013 makes provisions relating to E-voting. Section 107 of the Companies Act, 2013 makes provisions relating to the show of hands. Applicability The Central […]
Virtual Meetings – Company Law Important Questions Read More »
Question 1.State the statutory duties of Company Secretary under the Companies Act, 2013. (June 2014) (4 Marks)AnswerDuties of Company Secretary [Rule 10 of the Companies (Appointment and Remuneration of Managerial Personnel), Rules, 2014:The duties of Company Secretary shall also discharge, the following duties, namely: Question 2.Rakesh, practicing Company Secretary, has accepted the position of Secretarial
Legal Framework Governing Company Secretaries – Company Law Important Questions Read More »
Question 1.Introduction of Secretarial Standards by the Institute of Company Secretaries of India (ICSI) is a unique and pioneering effort towards attain¬ment of Good Corporate Governance. Do you agree? Explain Briefly. (December 2014) (4 Marks)Answer:1. The formulation of Secretarial Standards by the Secretarial Standards Board (SSB) of the ICSI will be unique and pioneering step
Secretarial Standards Board – Company Law Important Questions Read More »
Question 1.Write a short note on the Specific performance of a contract [June 2010 (4 Marks)]Answer:The law relating to specific relief is contained in the Specific Relief Act, 1963. If it is wrong or injury, there are two remedies are available: Sometimes monetary compensation may not be an adequate remedy, in that case, the aggrieved
Specific Relief Act, 1963 – Economic, Business and Commercial Laws Important Questions Read More »
Question 1.Distinguish between: Primary Market & Secondary Market [Dec 2008 (3 Marks)]Answer:Following are the main points of distinction between primary & secondary market: Points Primary Market Secondary Market Meaning The primary market is that part of the capital markets that deals with the issuance of new securities. Companies, governments or public sector institutions can obtain
Question 1.Write a short note on Custodian of Securities [Dec. 2008 (3 Marks)]Answer:Usually, large investors (particularly’ Foreign international investors do not keep the securities in their own custody and do not look after routine work in respect of securities. This work is handed over to Custodian for safe custody A Custodian is a person who
