CWA/ICWA Inter :: Business Laws and Communication Skills : December 2003

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:
(i)Bonus can be paid up to the total amount arrived at as available surplus.
(ii)A partnership at will does not require notice for its termination.
(iii)A company not having a minimum paid up capital may be penalized.
(iv)A surety is a favoured debtor.
(v)

A cheque issued without keeping sufficient funds in the bank account will have serious consequences.

(vi)"Polluter pays" principle is an accepted principle in environment laws.
(vii)

A company wants to appoint Mr. A. Chatterjee as its Managing Director, who is already Managing Director of another company.

(viii)A company which adopts Table A need not insist on qualification shares for its directors.
(ix)Quantum of gratuity depends on the length of service of an employee.
(b) Distinguish between layoff and lockout.
2. (a) State the significance of the expression 'commercial purpose' under the Consumer Protection Act. 4
(b)

State the importance of 'explanatory statement' for a meeting.

 4
(c) Certain matters cannot be transacted by passing circular resolution. 4
(d) Distinguish between Managing Director and Manager. 4
3. (a)

State the provisions under the Companies Act, 1956 about preparation of books of accounts.

 4
(b) what are the different ways in which a person may be appointed as Director? 4
(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
(d) What are the ways in which a person may become a member in a company? 4
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
(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
(c) What are the agreements declared as void under the Indian Contract Act? 4
(d) State the contents of Annual Return, who should sign it? 4
Please turn over

( 2 )

I-7(BLC)
Revised syllabus		 Marks
5. (a) Distinguish between Winding up and Dissolution of company. 8
(b) Who may petition for winding up? 8
6. Write short notes on any four:
(a)Directors Responsibility Statement,
(b)Special Audit,
(c)Unfair Trade Practice,
(d)Supervening impossibility,
(e)Minor as a partner.
 4x4=16
 
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
8. (a)

Write a letter to your supplier for inordinate delay in supplying goods ordered by you.

 7
(b)

Write a letter to your banker, who dishonoured your cheque issued to your creditor in spite of sufficient balance at your credit.

 8
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
(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
10. (a)

Draft a suitable notice of suspension to one of your employee against whom disciplinary proceeding is pending.

 7
(b)

Draft a suitable reminder letter to the Insurance Company for early settlement of your insurance claim made by you three months ago.

 8

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