SPCC 4 Marks Each

Explain the powers of a Chairman.

Who can acquire Membership? OR Explain methods to obtain membership.

In which circumstances is the director to be retired?

Explain the circumstances. for compulsory, transfer of shares under operation of Law/Compulsory Transfer of Share. OR Narrate the duties of Secretary regarding share transfer.

Distinguish between irregular allotment of shares and illegal allotment of shares. OR Explain the process of making call on shares: