C.A. Final Past Examinations Questions

Inspection and Investigation.

C.A. (Final) Past Examinations Questions (SCANNER)

1. Distinguish between"Special Audit" and "Investigation" into the affairs of a
company in respect of the following:
(i) Person who can be appointed to carry out special audit/investigation.
(ii) Action that can be taken on receipt of special audit report/investigation
report. [May, 1995]
2. The Chairman of the Company Law Board ordered investigation of the affairs of a company on the ground that there was delay, bungling and faulty planning in the conduct of company's business resulting in double expenditure and heavy losses and resignation of some of the Directors on account of differences of opinion with the Managing Director. The order of the Chairman was challenged
by the company. Would the company succeed? [May, 1993]
3. Distinguish between "inspection" and "investigation" into the affairs of a com
pany under the Companies Act, 1956. [May, 1993]
4. When may the Central Government appoint an Inspector to investigate the
affairs of a company? State briefly the powers of the Inspectors.
[November, 1992]
5. What steps may the Central Government take on receipt of the Inspector's Report
on investigation into the affairs of a company? [Mat/, 1991