roltwo.__26 at MBA (BC) I~ Semester Nov/Dec 2016 Paper Mame: Gusiness and Law Paper Mo, 107 ‘Time: 3 Hours Max Marks: 0 (Write your Rall No. on the top immedi ehy upon recent of this question paper} Nate: Attempt FIVE questions in all including Go, 1 which is comoulory. All questions cerry equal marks. ‘Ql. (a) promises ta pay his wife Rs. 12,000/- p.m. but fails ta pay the premised amount, She flos a sult againat her husband for breach of contract, Will she succeed? Decide stating necessary reasons. (bI'N buys a battery which wins him Rs. 10 tes. The organisers refuse to honour their commitment Can“A’ maintain & wit in a court of law to recover the prize money? Explain stating necessary reasons. {€) "A! agrees to give Rs, 50,000/- as donation ta'B’, the Director of a management institute, for purpeses af buying a weter cooler for the students of the institute, How would the contract be affected if: ' ('' refisses ta pay the: peomised amount as no effort was made by ‘B' to purchase the: water cooler, (i) ‘A refiies to give the promised amount though 'B’ has purchased a water coaler for Rs £20,000. Can ‘A’ be held lable under the Indian Contract Act, 28727 if 0, under what provisions of the Act? (ui) ‘8 Forced 8’ to enter into a contract at gunpoint. What remedy is available to 1B fhe doves nat wat to be bound by the contract? Chute 2. What do you understand by 2 Private Company? 2. {3) How does it differ fram a Public Company? Ub) There were 220 members in. Eampany. In an enquiry, its acrertained as follows {71 10 members are on the rolls of the company as regular emaloyees. {515 members wore past employees (fi) 10 members were holding shares in their joint names \ [te] 5 members were an the Board of Directors af the company.1s the company validly constituted? Decide stating relevant provisions of the Companies Act 01a, G8. (a) Exalain provisions on convening and holding of Anaual General Meeting, What punishment does the Campanies Act provide for failing to hall the Annual General Meeting? (b) Distinguish between Bonus Shares and Swear Equity i. (a) “ago Grahak Jago’ ~ critically examine the slogan in light of Consumer Protection Act, 1986. Also discuss the redresial machinery provided im the Act ' «ie (b) Explain the benefits of Patent Protection, How will you déterrnine whether an invention ts capable of bring patented? 5. (a) Diseuss the main abjectives of the RTI Act, 2005. Wkst are the ‘information F the Act? nn {b] Distinguish between an LF and a Company, long’ ueder 6. Write notes on any three of the following: “{i) Buy back of own shares by 2 company. -{il)__ Objectives of the Competition Act, 2002 4i)__ Establishments mot covered by EFF Act 1952. fie) Objectives, scope and sopicability of the ESI Act, 29 fv} Meaning of the terms E-commerce and Digital Signature under the information Technology Act, 2000.