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AEREN
FOUNDATION’S Maharashtra Govt. Reg. No.:
F-11724
Name :Veerthapa Marks : 80
Course : Masters in Business
Administration (MBA 4 Sem)
Subject :Corporate Law
Answer the following question.
Question.1.
Distinguish sale and hire purchase (10 marks)
Answer:Differences between
Hire Purchase and Leasing
There are a number of differences
between hire purchase and leasing. They are given below
1. Transfer of ownership: In
Hire purchase, the agreement is entered for the transfer of ownership after a
fixed period. But in Leasing it is only in financial lease, the ownership will
get transferred. While in operating lease, the ownership is not transferred.
Question.2.
Discuss FDI (10 marks)
Answer:A foreign direct
investment(FDI) is an investment in the form of a controlling ownership in a
business in one country by an entity based in another country. It is thus
distinguished from foreign portfolio investment by a notion of direct control. The origin of the investment does not impact
the definition as an FDI: the investment may be made either
"inorganically" by buying a company in the target country or
"organically" by expanding operations of an existing business in that
country.
Question.3.
How issue of securities to person resident outside India take place (10 marks)
Answer:In exercise of the
powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47
of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of
India hereby makes the following amendments in the Foreign Exchange Management
(Transfer or Issue of Security by a Person Resident Outside India) Regulations,
2000 (Notification No. FEMA 20/2000-RB dated 3rd May, 2000), namely:-
1.
Short Title and Commencement:-
Question.4.
Threat to commit suicide isit coercion? (10 marks)
Answer:Threat to file a
suit. To threaten a criminal or civil prosecution does not constitute coercion
because it is not an act forbidden by the Indian Penal Code. But a threat to
file a suit of a false charge constitutes coercion, for such an act is
forbidden by the I.P.C. (AskariMirzavsBibi Jai Kishori)
Threat to commit suicide. Neither
suicide nor threat to commit suicide is punishable under the Indian Penal Code:
Only an attempt to commit suicide is punishable under it.
In
ChikkamAmmirajuvsChikkamSeshamma, there arose a question as to whether a threat
to commit suicide amounts to coercion, and the Lordships of the
Question.5.
What are the Rights and liabilities of Incoming partners (10 marks)
Answer:The Partnership
Deed contains the mutual rights, duties and obligations of the partners, in
certain cases, the Partnership Act also makes a mandatory provision as regards
to the rights and obligations of partners. When there is no Deed or the Deed is
silent on any point, :ne rights and obligations as provided in the Partnership
Act shall apply.
Question.6.
Distinguish cheque and Bill of Exchange (10 marks)
Answer:cheque
vsboe‘Cheque’ is an instrument which contains an unconditional order, drawn on
a banker, directing to pay a certain sum of money to the person whose name is
specified in the instrument. ‘Bill of Exchange’ is a document contains an
unconditional order, directing a person, to pay a certain amount to a specified
person. These two terms sound the same, which becomes the cause of confusion
for many people. Come, let’s start understanding the difference between Cheque
and Bill of Exchange.
Question.7.
State procedure for enquiry on complaints under S 19 (10 marks)
Answer:1. On receipt of a complaint or a reference
from the Central Government or a State Government or a statutory authority or
on its own knowledge or there exists a prima facie case, it shall direct the
Director General to cause an investigation to be made into the matter.
Information, under section 19, if the Commission s of the opinion that
2.
The Director General shall, on receipt of
direction under sub-section (1), submit a report on his findings within such
period as may be specified by the
3.
4.
Question.8.
Distinguish between Managing Director and Manager (10 marks)
Answer:We know that the
term ‘managing director’ is used side by side with the term ‘wholetime
director’ in several Sections of the Act and most of the provisions apply to
both of them equally. Obviously, this may pose a question to the mind of a
careful reader as to whether these two terms—’managing director’ and
‘whole-time director—denote the same business executive under two different
names or whether they denote two altogether different personalities in a
company ?
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
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Call
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mailing. Call in emergency )
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