Company Law Term-End Exam - June 2022

The document highlights the principle of conservation of energy, where energy cannot be created or destroyed, only transformed.

The term refers to a specific theory or principle that may relate to energy dynamics or interactions in the given context.

This concept addresses a key principle in understanding chemical reactions or physical processes.

<p>It suggests that these principles can be applied to real-world scenarios in energy management and environmental sustainability.</p> Signup and view all the answers

<p>It indicates that this impact could reshape current theories or lead to advancements in technology and research.</p> Signup and view all the answers

<p>Key characteristics of a company include being a separate legal entity, limited liability for shareholders, and having perpetual succession.</p> Signup and view all the answers

<p>Illegal associations are groups that operate without legal approval, leading to potential liabilities and penalties for their members.</p> Signup and view all the answers

<p>Promoters are responsible for forming the company, ensuring legal compliance, and raising capital for the business.</p> Signup and view all the answers

<p>The Articles of Association define the internal regulations of a company, outlining the rules for governance and operations.</p> Signup and view all the answers

<p>The doctrine of indoor management protects outsiders dealing with a company by assuming that internal procedures have been properly followed.</p> Signup and view all the answers

<p>A buyback of shares occurs when a company repurchases its own shares from shareholders, often funded through profits or reserves.</p> Signup and view all the answers

<p>A valid meeting requires proper notice, a quorum, and adherence to agreed procedures.</p> Signup and view all the answers

<p>A special resolution requires a higher majority to pass and is often used for significant company decisions like amendments to the articles.</p> Signup and view all the answers