(c) DEF Ltd., a company listed at Bombay Stock Exchange, failed to file its report on the

annual general meeting for the financial year ended 31st March, 2013 with the Registrar

of Companies, Mumbai. The company further abstained from filing the said report for

another two years, viz. financial years ended 31st March, 2014 and 2015 respectively.

Examining the provisions of the Companies Act, 2013, state whether the default committed

by the company amounts to an offence. If so, to what extent it is possible to get the

offence(s) compounded.

(4 marks)

(d) Answer the following by explaining the provisions of the Companies Act, 2013 relating

to 'internal audit' :

(i) Whether a private company is mandatorily required to appoint an internal

auditor ?

(ii) Who may be appointed as an internal auditor ? Whether a Practising Company

Secretary (PCS) can be appointed as an internal auditor ?

(2 marks each)

6. (a) Brave Ltd. is listed at Bombay Stock Exchange and has a net worth of over -

600 crore.

The company has constituted a corporate social responsibility (CSR) committee with Jay

and Vijay as its members. Both Jay and Vijay are directors of the company, Jay being

an independent director.

Explaining the provisions of the Companies Act, 2013 relating to 'corporate social

responsibility', examine whether the company has complied with the provisions of the

Act in this regard.

(b) The Board of directors of Charming Ltd. seek your advice on the matters to be included

in the directors' responsibility statement forming part of the company's annual report to

shareholders. As the Company Secretary of Charming Ltd., advise the Board.

(c) What transactions are considered as 'related party transactions' under the provisions of

the Companies Act, 2013 ? Explain.

(d) Due to inadequacy of profits, the Board of directors of Rise Ltd. decided not to

recommend any dividend for the financial year ended 31st March, 2015.

Certain shareholders of the company complained to the Company Law Board/Tribunal

regarding mismanagement of the affairs of the company, since the Board of the company

did not recommend any dividend. Explaining the provisions of the Companies Act, 2013,

examine whether the contention of the shareholders is tenable.

(4 marks eac