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Business Law
Jun 2025 Examination
Q1. Jainam Patel is a minor whose
father Mr. Manish Patel expired in an accident. Manish Patel was a partner in
M/s. Jalaram Enterprises, a registered partnership firm under the Indian
Partnership Act, 1932. It was decided according the Partnership Deed that on
the death of a partner the legal heir should be added as a partner. Jainam
Patel was the only surviving legal hier of Manish Patel.
Given the above facts: (i) Can you
explain whether Partnership firms allow the admission of partner, even when
such incoming partner is a minor and whether such admissions are dealt in the
provisions under the Indian Partnership Act, 1932. and (ii) Please highlight
and explain the rights and liabilities of such minor (in this case of Jainam
Patel) who is ought to be admitted as a partner in a partnership firm with
special emphasis on the protection that is provided to a minor under the Indian
Partnership Act, 1932.' (10 Marks)
Q2. The Consumer Protection Act,
2019 protects consumer rights in India and the authorities set up under the law
are tasked with the objective of protecting and enforcing these rights. To
support the above statement please research and give two (2) real life
instances where authorities set up under the Consumer Protection Act, 2019
enforced and protected consumer rights in India. (10 Marks)
Q3A. WaCal Inc. is an American
multinational corporation having global presence in manufacturing and selling
sports and adventure related products. It is a market leader in many countries
across the globe and its brand "ReaTop" is synonymous with high
quality sports goods. The brand is endorsed worldwide by leading sportsperson
and adventure enthusiasts. Now, WalCal Inc. is contemplating its entry in
India. However, it is apprehensive that its brand “ReaTop” would be imitated
and affixed on cheap products in India. Also, there could be instances where
different variations of its brand name “ReaTop” would be affixed on products
and sold.
It is keen to invest in India
especially with the prospect that India’s burgeoning youth population can drive
its sales and growth. Please help the company by addressing its apprehension by answering the following
query. This will help them draw an effective Intellectual Property strategy.
Query 1- What types of intellectual
property rights could WalCal Inc. claim for its products in India including the
brand "ReaTop". Please explain with reason, which type(s) of
intellectual property would apply? (5 Marks)
Q3B. WaCal Inc. is an American
multinational corporation having global presence in manufacturing and selling
sports and adventure related products. It is a market leader in many countries
across the globe and its brand "ReaTop" is synonymous with high quality
sports goods. The brand is endorsed worldwide by leading sportsperson and
adventure enthusiasts. Now, WalCal Inc. is contemplating its entry in India.
However, it is apprehensive that its brand “ReaTop” would be imitated and
affixed on cheap products in India. Also, there could be instances where
different variations of its brand name “ReaTop” would be affixed on products
and sold.
It is keen to invest in India
especially with the prospect that India’s burgeoning youth population can drive
its sales and growth. Please help the company by addressing its apprehension by
answering the following query. This will help them to draw an effective
Intellectual Property strategy.
Query 2-Explain civil and criminal
remedies under various intellectual property laws for enforcement of
intellectual property rights? (5 Marks)
Dear Students,
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over 10,000+ students!
100%
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