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law_school_questions:second-semester:bankruptcy-and-insolvency-laws

Bankruptcy and Insolvency Laws Question Paper

Law degree examination – April, 2020.
Second semester 3 years LLB/3 years LLB (hons).

Notes: The Insolvency and Bankruptcy Code
Time : 3 Hours
Max. Marks : 100

SECTION – A

Answer any SIX questions. Each question carries 4 marks. (6 x 4 = 24 marks)

  1. Secured Creditor
  2. Committee of Inspection
  3. Protection order
  4. Adjudication
  5. Suit by indigent person
  6. Appeal
  7. Contents of insolvency petition
  8. Interim receiver
  9. Release of debtor

SECTION – B

Answer any TWO questions. Each question carries 18 marks. (2 x 18 = 36 marks)

  1. Write about essentials of fraudulent preference.
  2. Write about the contents of debtors petition.
  3. How a debtor be discharged? Explain.
  4. Write about duties of insolvency court.

SECTION – C

Answer any TWO questions. Each question carries 20 marks. (2 x 20 = 40 marks)

  1. What are the powers and duties of receiver? Explain them.
  2. Distinguish between Insolvency Act and Bankruptcy Act.
  3. How a creditor’s petition be dismissed?
  4. Write about the post adjudicatory scheme for satisfaction of debt.