Contract and Consumer Protection Act
1 . “The fundamental attribute of corporate personality is that company is a legal entity distinct from the members.”Elucidate the statement .Also specify the important features of a company.
2 . Elaborately explain the essential features of the consumer protection act 1986. Also briefly discuss unfair trade practice and restrictive trade practice as discussed under consumer protection Act?
3 . What are the characteristics of negotiable Instrument? Discuss the ‘privileges’ of holder in due course as per the provisions of the Negotiable Instruments Act, 1881? Also state the important amendment to be incorporated under sec 138 of the act.
4 . Discuss the essential elements of a valid contract.
5 . Write short notes on any three of the following.
(a) “A stranger to the consideration can enforce the contract”. Explain the exceptions in the following. i- Supervening Impossibility ii- Novation
(b)Anticipatory breach of Contract (c) A private company has only 2 shareholders who are also the directors with equal rights of management and voting power. The company has made large profits, but there is a complete deadlock in the management of the company. One of the shareholders applied for the winding up of the company. Decide at what moment does a winding up by the court commence?
(d) What is a ‘Prospectus’? Is it obligatory for a company to file a prospectus or a statement in lieu of prospectus with the Registrar of Companies?
(e) What is meant by the rule of ‘Caveat Emptor’ and what are its exceptions?
6 . Explain - ‘different modes of crossing of a cheque’ and section 138 as per the provisions of the Negotiable Instrument Act, 1881.
7 . “A company is a legal person distinct from its members taken individually or collectively”. Comment. Also detail the important features of a company.
8 . Discuss consumer dispute redressal forums & consumer councils with respect to its pecuniary (Financial)
2 . Elaborately explain the essential features of the consumer protection act 1986. Also briefly discuss unfair trade practice and restrictive trade practice as discussed under consumer protection Act?
3 . What are the characteristics of negotiable Instrument? Discuss the ‘privileges’ of holder in due course as per the provisions of the Negotiable Instruments Act, 1881? Also state the important amendment to be incorporated under sec 138 of the act.
4 . Discuss the essential elements of a valid contract.
5 . Write short notes on any three of the following.
(a) “A stranger to the consideration can enforce the contract”. Explain the exceptions in the following. i- Supervening Impossibility ii- Novation
(b)Anticipatory breach of Contract (c) A private company has only 2 shareholders who are also the directors with equal rights of management and voting power. The company has made large profits, but there is a complete deadlock in the management of the company. One of the shareholders applied for the winding up of the company. Decide at what moment does a winding up by the court commence?
(d) What is a ‘Prospectus’? Is it obligatory for a company to file a prospectus or a statement in lieu of prospectus with the Registrar of Companies?
(e) What is meant by the rule of ‘Caveat Emptor’ and what are its exceptions?
6 . Explain - ‘different modes of crossing of a cheque’ and section 138 as per the provisions of the Negotiable Instrument Act, 1881.
7 . “A company is a legal person distinct from its members taken individually or collectively”. Comment. Also detail the important features of a company.
8 . Discuss consumer dispute redressal forums & consumer councils with respect to its pecuniary (Financial)