Mercantile Law · 2024

CSS 2024 Mercantile Law Paper

7 questions from this paper.

  1. Q1
    Describe the relationship, if any, between Separate Legal Personality and Limited Liability of the corporate form of business.
    Past paper Company Law 20 marks
  2. Q2
    What is meant by charge? Explain the legal nature and significance of floating charge in company law.
    Past paper Company Law 20 marks
  3. Q3
    In the presence of majority rule, how well the minority shareholders are protected in the Companies Act 2017?
    Past paper Companies Act 2017 20 marks
  4. Q4
    In the light of Competition Act 2010, discuss six most common practices in Pakistani markets that prevent, restrict, reduce and distort competition through abuse of dominant position.
    Past paper Competition Act 2010 20 marks
  5. Q5
    Discuss the basic legal features of partnership agreement and rights of partner by estoppel in the light of the Partnership Act.
    Past paper Partnership Act 1932 20 marks
  6. Q6
    Explain the meaning and legal function of negotiable instruments in the light of Negotiable Instruments Act 1881.
    Past paper Negotiable Instruments Act 1881 20 marks
  7. Q7
    Write notes on any TWO of the following: (a) Cumulative voting (b) Legal status of promoters (c) Doctrine of indoor management.
    Past paper Company Law 20 marks

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