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No
C
Course Code: DCOM404
Course Title: Corporate Legal Framework
Time Allowed: 3 hours Max. Marks: 80
Part B
Q2. Write five differences between mistake and misrepresentation under Indian contract act? [10]
Q3. What are modes of discharge of contract? [10]
Q 4. Explain the powers and functions of SEBI. [10]
Q5. Discuss the kinds of company in details. [10]
Q6.Describe the offences under IT act? [10]
Q7. Explain consumer dispute redressal agencies. [10]
Q8. Describe the benefits under .Pension fund scheme. [10]
Q 9. a) The director of a railway company which had fully exhausted its borrowing powers advertised for
money to be lent on the security of debentures. W lent Rs 500000 upon the footing of advertisement and
received debentures. Can W recover the amount? Give reason.
b) A telephone company put up telephone wires in a certain area. The company had no power in the
memorandum to put up wires there. X cut them down. Can company sue X for damages? Give reason.
[2X5=10]
Q10. a) The memorandum of association of a company formed to improve and encourage the breeding of
poultry contained a provision that no remuneration should be paid to the members of governing body of the
company. But the company owing to its increase in the business passed a special resolution providing
equitable remuneration to such members for service rendered . Is this alteration of MOA valid? Give reason.
b) A company was incorporated in England for the purpose of selling in England tyres made in Germany by a
German company which held the bulk of shares in English company . The holders of remaining shares,
except one, and all the directors were Germans , resident in Germany. During the first world war, the English
company started an action for recovery of a trade debt . Can the English company recover the trade debt?
Give reason. [2X5=10]