This Paper has 36 answerable questions with 0 answered.
| I—7(BLC) Revised Syllabus | |
| Time Allowed : 3 Hours | Full Marks : 100 |
| Question No. 1 [both (a) and (b)] are compulsory and attempt any three from the rest in section I and any two from section II. |
| Section — I (BUSINESS LAWS) |
| Marks |
| 1. | (a) | Comment on the following statements: | 2x9=18 | |||
| (i) | Bonus can be paid up to the total amount arrived at as available surplus. | (0) | ||||
| (ii) | A partnership at will does not require notice for its termination. | (0) | ||||
| (iii) | A company not having a minimum paid up capital may be penalized. | (0) | ||||
| (iv) | A surety is a favoured debtor. | (0) | ||||
| (v) | A cheque issued without keeping sufficient funds in the bank account will have serious consequences. | (0) | ||||
| (vi) | “Polluter pays” principle is an accepted principle in environment laws. | (0) | ||||
| (vii) | A company wants to appoint Mr. A. Chatterjee as its Managing Director, who is already Managing Director of another company. | (0) | ||||
| (viii) | A company which adopts Table A need not insist on qualification shares for its directors. | (0) | ||||
| (ix) | Quantum of gratuity depends on the length of service of an employee. | (0) | ||||
| (b) | Distinguish between layoff and lockout. | 4 | (0) | |||
| 2. | (a) | State the significance of the expression ’commercial purpose’ under the Consumer Protection Act. | 4 | (0) | ||
| (b) | State the importance of ’explanatory statement’ for a meeting. | 4 | (0) | |||
| (c) | Certain matters cannot be transacted by passing circular resolution. | 4 | (0) | |||
| (d) | Distinguish between Managing Director and Manager. | 4 | (0) | |||
| 3. | (a) | State the provisions under the Companies Act, 1956 about preparation of books of accounts. | 4 | (0) | ||
| (b) | what are the different ways in which a person may be appointed as Director? | 4 | (0) | |||
| (c) | The board of directors of a public company refused to transfer shares of a shareholder. He wants to know about his remedies under the Companies Act, 1956. | 4 | (0) | |||
| (d) | What are the ways in which a person may become a member in a company? | 4 | (0) | |||
| 4. | (a) | Messrs. Excellent Industries Private Ltd. has adopted its accounting year as April – March. Its Annual General Meeting was held on 31.5.2003 adopting annual accounts for the year 2002-03. When should the next meeting be held for 2003–04? | 4 | (0) | ||
| (b) | A private limited company wants to have provisions regarding meeting in its articles of association which are not in conformity with the Companies Act, 1956. Discuss. | 4 | (0) | |||
| (c) | What are the agreements declared as void under the Indian Contract Act? | 4 | (0) | |||
| (d) | State the contents of Annual Return, who should sign it? | 4 | (0) | |||
| 5. | (a) | Distinguish between Winding up and Dissolution of company. | 8 | (0) | ||
| (b) | Who may petition for winding up? | 8 | (0) | |||
| 6. | Write short notes on any four: | 4x4=16 | ||||
| (a) | Directors Responsibility Statement, | (0) | ||||
| (b) | Special Audit, | (0) | ||||
| (c) | Unfair Trade Practice, | (0) | ||||
| (d) | Supervening impossibility, | (0) | ||||
| (e) | Minor as a partner. | (0) | ||||
| Section II (COMMUNICATION SKILLS) |
| Answer any two questions. |
| 7. | Your company is interested in introducing a new mobile phone "Apsara" in the market. As the Marketing Manager, you are to draft a suitable report for submission to the Board of Directors after making proper investigation. | 15 | (0) | |||
| 8. | (a) | Write a letter to your supplier for inordinate delay in supplying goods ordered by you. | 7 | (0) | ||
| (b) | Write a letter to your banker, who dishonoured your cheque issued to your creditor in spite of sufficient balance at your credit. | 8 | (0) | |||
| 9. | (a) | Write a circular letter to your customers regarding increase in prices of your popular brand of consumer products due to recent increase in cost of raw materials and other taxes. | 8 | (0) | ||
| (b) | Write a letter of complain to one of your customer, who sent you a defective cheque in payment of your dues. Ask him to take immediate action. | 7 | (0) | |||
| 10. | (a) | Draft a suitable notice of suspension to one of your employee against whom disciplinary proceeding is pending. | 7 | (0) | ||
| (b) | Draft a suitable reminder letter to the Insurance Company for early settlement of your insurance claim made by you three months ago. | 8 | (0) | |||
