Company Law Exam Paper 2082

Tribhuvan University

Exam Date: 2082/01/21

3Yrs. LL.B/III Year/LAW

Company Law (Law: 504) New Course

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. How has the historical development of company law globally influenced the evolution of company law in Nepal? What key factors have shaped the path of company legislation in Nepal?

2. How do the doctrines of constructive notice and indoor management in company law protect the interests of shareholders and creditors by ensuring the validity of corporate actions and decisions?

3. What are the rights and duties of a liquidator in the context of company liquidation? How do these rights and duties ensure the fair and efficient winding up of a company's affairs in accordance with the companies Act and Insolvency Act?

4. What were the legal issues and outcomes in the case of Saraswati Shrestha v. Sunrise Bank Ltd. NKP 2075 D.N. 9871? How did this case contribute to the interpretation and application of company laws in Nepal?

5. Write short notes on any THREE of the following:

a. Role of Securities Board of Nepal

b. Unanimous agreement

c. Subsidiary companies

d. Private firm

e. Corporate veil