a) Distinguish between a company and a cooperative society.

b) Citing relevant decided cases, explain the circumstances under which a court would lift the veil of incorporation.

c.Kimoli and Anjere wish to venture into business. However, they are not sure whether to trade as a partnership or a private limited company and seek your advise.

a) Advise them on the disadvantages of trading as a private limited company.

b) Highlight the legal consequences of incorporation of a company.

c.A company's shares can be issued at a discount, premium or par value.Discuss the statement.

d.Explain the provisions which govern the issue of shares of a company for the purposes other than raising capital.

e.With reference to company law, discuss the provisions which govern the removal of a director from office before expiry of his tenure.

a) Explain the reasons why a company would resort to take over, merger or a reconstruction.

b) Highlight the advantages of instituting a scheme of arrangement.

a) In relation to the law relating to meetings under company law, discuss the rules which govern the following:

1. Voting by proxy

2. Revocation of authority of proxy.

b) Explain the rights of auditor of a company.

A public company in the mining business made an issue of its shares to the public at sh.10 per share.

In the prospectus, the company stated that " the company has discovered a booming market in the European Union member countries for its minerals"

The company had never marketed its minerals in the European Union member countries. Timothy, without reading the prospectus applied for shares and was allotted 1000 shares at sh.10 each.

Mary read the prospectus, applied for the shares but was not allotted any shares. Later on, Mary bought 2000 shares at the stock exchange at sh.25 each.

Peter, an old shareholder in the company owned 500 shares even before the company made the issue. He is disappointed with the price at which the new offer for sale was made claiming that this had destabilized the price of the company's shares.

Required:

a) Explain the legal principles applicable in the above case and advise Timothy, Peter and Mary.

b)Timothy prepared a transfer form to transfer 100 shares only to his wife Rose presented the form to the company. The company erroneously transferred the entire 1000 shares to Timothy's wife.

Timothy is aggrieved and seeks your legal advise.

Discuss the legal principles in the case and advise Timothy.

A D.C shunt motor is running at 1200 rpm, when excited with 220 V D.C. neglecting losses and

saturation, speed of the motor when connected 175V D.C. supply will be, A dc shunt motor

having unsaturated magnetic circuit runs at 1000 rpm with rated voltage. If applied voltage is

half of the rated voltage, then motor will run at?

Question 5

A DC shunt motor is running at 1200 rpm, when excited with 220 V DC. Neglecting the losses

and saturation, the speed of the motor when connected to a 175 V DC supply is, A permanent

magnet dc commutator motor has a no load speed of 6000 rpm when connected to a 120 V dc

supply. The armature resistance is 2.5 ohms and other losses may be neglected. The speed of the

motor with supply voltage of 60 V developing a torque 0.5 Nm, is?

Question 6

A 240 V dc series motor takes 40 A when giving its rated output at 1500 rpm. Its resistance is 0.3

ohms. The value of resistance which must be added to obtain rated torque at 1000 rpm is, The

startor of a 6-pole, 3-phase induction motor is fed from a 3-phase, 50 Hz supply which contains a

pronounced fifth time harmonic. The speed of the fifth space harmonic field produced by the

fifth time harmonic in the startor supply will be?

Question 7

A 3-phase motor is driving at constant torque load of 1 pu at 5% slip. It has a maximum torque

of 2 pu at 10% slip. Torque-speed variation in stable zone is assumed to be linear. For the stable

operation of the motor, the minimum pu supply voltage is approximately, A 6-pole, 50 Hz

wound rotor induction motor when supplied at the rated voltage and frequency with slip-ring

open-circuited, developed a voltage of 100 V between any two rings. If the rotor is driven by an

external means at 1000 rpm opposite to the direction of stator field, the frequency of voltage

across slip-rings will be?

Question 8

The area of the hysteresis loop of a given magnetic material is 50 cm 2with the two axs scaled

with the two axs scaled as 1 cm = 20 AT and 1 cm = 50 mWb. For 50 Hz frequency, the total.r