Student Registration Number

B
COURSE CODE: DCOM404

COURSE TITLE: CORPORATE LEGAL FRAMEWORK

Time Allowed: 3 hours Max. Marks: 80

1. This paper contains 10 questions divided in two parts on 1 page.

2. Part A is compulsory.
3. In Part B (Questions 2 to 10), attempt any 6 questions out of 9. Attempt all parts of the selected
question.
4. The marks assigned to each question are shown at the end of each question in square brackets.
5. Answer all questions in serial order.
6. The student is required to attempt the question paper in English medium only.

PART A
Q1
a) Define the term offer.
b) What do you mean by term by company?
c) What is free consent?
d) What is memorandum of association?
e) What are the objectives of IT Act, 2000?
f) Define the surety.
g) What do mean by trade union?
h) Define factory.
i) Define the term gratuity.
j) What are the functions of SEBI? [10X2=20]
PART B
Q 2 “All contracts are agreements but all agreements are not contracts”. Analyze the statement. [10]
Q3. Explain the provisions relating to welfare measures for workers in a factory as per factories Act
1948. [10]
Q 4 Discuss the composition and jurisdiction of the consumer forums. [10]
Q 5 What is corporate veil. When it can be lifted? [10]
Q 6 Discuss the modes of winding up in detail. [10]
Q 7 a) A invites B to a dinner at his residence on a Sunday. B hires a taxi and reaches A’s residence at the
appointed time, but A fails to perform his promise. Can B recover any damages from A? Give reasons.
b) X minor entered into contract with Y a major. Can X enforce this contract? Give reasons. [ 5X2=10]
Q 8 Discuss the meaning and types of the negotiable instrument? [10]
Q 9 Discuss the various modes of discharge of a contract. [10]
Q10 Discuss the powers and functions of the SEBI. [10]