Ch 4: SHARES AND SHARE CAPITAL-CONCEPTS — Previous Year Exam Questions (PYQ)
CS Executive
📚 Company Law & Practice
📖 Ch.4 — SHARES AND SHARE CAPITAL-CONCEPTS
⭐ V1: Previous Year Question (PYQ)
⚡ Free Mode (Answers Locked)
⏱ Duration: 57 Mins
🎯 Total Marks: 32
Passed at: 12 Marks
Max Attempts: 10
⚖️ Statutory Applicability: AY 2026-27 & Current Institute Curriculum
Answer ALL questions. Working notes / statutory sections must form part of the answers.
📑 Exam Questions
4 Questions • Total 32 Marks1(a): Further Issue of Share Capital
8 Marks
SUP Ltd. is a public company incorporated in India. It wants to propose a scheme
of arrangement (merger) with another company in the same line of business in
India. Help the company in preparing such a scheme of arrangement firstly.
Secondly, help the company in taking approval of NCLT. Advise how company
should approach NCLT for its approval to the scheme and discuss grounds on
the basis of which NCLT will accord its approval.
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1(b): Issue and Redemption of Preference Shares
8 Marks
Board of directors of Progressive Ltd. decides to issue equity shares of the
company with differential voting rights. Examining the provisions of the
Companies Act, 2013, state the conditions to be complied with by the company
in this regard.
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2(a): Issue of shares on Private and Preferential basis
8 Marks
RAN Ltd., an unlisted company, proposes to issue equity shares of the Company
to certain investors numbering to a total of 30. Advise the Company if it is
feasible, and if so, narrate the conditions to be complied with.
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Official 4-part guideline answer, ratio decidendi & step-by-step evaluation rubrics are exclusive to Pro Hub members.
2(b): Further Issue of Share Capital
8 Marks
Encode Pvt. Ltd. is having two shareholders namely Mr. Vishal and Mr. Joytan
holding 9,00,000 and 5,50,000 equity shares, of ₹ 10 each, respectively. The
Company’s Paidup share Capital as on the date is ₹ 1,45,00,000 and Authorised
Share Capital is ₹ 2,00,00,000. Company wishes to issue further equity shares
for ₹ 7,50,000, i.e., 75,000 equity shares of ₹ 10 each at par, by way of Rights
issue, to meet the working capital requirements and expansion plan of the
Company, you being a Company Secretary of the Company is required to draft
the Board Resolutions inter-alia approving the letter of offer towards aforesaid
offer of the Rights Issue, assuming that the shareholders may renounce their
rights of subscription and the proposed shares shall rank pari-passu with the
existing Equity shares of the Company.
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Official 4-part guideline answer, ratio decidendi & step-by-step evaluation rubrics are exclusive to Pro Hub members.
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