Tribhuvan University 2078 (Regular), 3Yrs. LL.B/III Year/LAW,
Company Law (504)
Candidates are required to give their answers in their own words as far as practicable.
All the questions are of equal value.
Attempt any THREE questions.
1. From a legal perspective, what are the key distinctions between a firm and a company, and how do these differences impact their formation, governance, liability, and ability to raise capital?
2. What are the key components of the Memorandum of Association (MOA) and Articles of Association (AOA) of a company as per Companies Act 2063, how do they establish the company's structure, object, and internal governance mechanisms?
3. Why are there two separate statutes, the Company Act and the Insolvency Act, for the liquidation of companies in Nepal, and under what circumstances do these laws apply, and how do they complement each other in ensuring effective and efficient liquidation proceedings?
4. What were the key legal issues and outcomes in the case of Unity Life International v. Government of Nepal, NKP 2069, and D.N. 8814 and how did this case impact the interpretation and application of company law in Nepal?
5. Write short notes on any THREE of the followings:
a. Debenture Trustee
b. Liquidator
c. Certificate of Incorporation
d. Transfer and Transmission of share
e. corporate Liability
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LLB