The document contains instructions for a case study assignment with 3 caselets for students to answer questions in one word each. For Caselet 1, the questions are about a dishonored cheque. For Caselet 2, the questions regard a consumer complaint filed by a company about damage to machinery stored in a warehouse. Caselet 3's questions pertain to the number of directors in a public company and misstatements in a prospectus issued by the company. Students must submit their answers in PDF format with their name, roll number, division, and specialization by the deadline of 1 week.
The document contains instructions for a case study assignment with 3 caselets for students to answer questions in one word each. For Caselet 1, the questions are about a dishonored cheque. For Caselet 2, the questions regard a consumer complaint filed by a company about damage to machinery stored in a warehouse. Caselet 3's questions pertain to the number of directors in a public company and misstatements in a prospectus issued by the company. Students must submit their answers in PDF format with their name, roll number, division, and specialization by the deadline of 1 week.
The document contains instructions for a case study assignment with 3 caselets for students to answer questions in one word each. For Caselet 1, the questions are about a dishonored cheque. For Caselet 2, the questions regard a consumer complaint filed by a company about damage to machinery stored in a warehouse. Caselet 3's questions pertain to the number of directors in a public company and misstatements in a prospectus issued by the company. Students must submit their answers in PDF format with their name, roll number, division, and specialization by the deadline of 1 week.
The document contains instructions for a case study assignment with 3 caselets for students to answer questions in one word each. For Caselet 1, the questions are about a dishonored cheque. For Caselet 2, the questions regard a consumer complaint filed by a company about damage to machinery stored in a warehouse. Caselet 3's questions pertain to the number of directors in a public company and misstatements in a prospectus issued by the company. Students must submit their answers in PDF format with their name, roll number, division, and specialization by the deadline of 1 week.
Trimester I Course- Business Laws Case Study No. 2 Marks:15 All questions are compulsory. Instructions: 1. The submission of the said Case Study No 2 shall be made on the google drive, the link of which shall be provided before the deadline. 2. The deadline for submission is 1 week from the date of discussion in the class. 3. The submission shall mention Name of the Student, Specialization, Division and Roll Number. (the submission shall not be eligible for evaluation unless the mention of all the details). 5. Each Caselet carries 5 marks each. 6. The submissions shall be only in PDF form with file names as Name_Rollno_Div_Specialization.
Caselet No.1 Anand is an account holder in a Bank. Anand drew a cheque bearing
no. 110020, in favour of Ram dated 12.7.2020, for Rs. 1,00,000/-.
Anand had duly signed the cheque and filled up all the necessary
particulars on the cheque. Anand had handed over the said cheque to
Ram on the same day i.e. 12.7.2020. Then on 2.11.2020 Ram deposited
the said cheque, which was not honoured by the Bank. Based on these
facts answer the following questions in one word:
a) Whether the Bank is justified in dishonouring the cheque?
b) What is the reason for dishonouring the cheque?
c) What is the period of validity of a cheque?
Adv. Vaishali Bapat 1
d) Whether a criminal complaint under section 138 of the
Negotiable Instruments Act, 1881, be filed by Ram against
Anand on the said above ground of dishonour of chequer?
e) Can Ram compel Anand to draw a fresh cheque in his
favour?
Caselet No.2 on 12.10.2020 a company imported machinery and stored it in an open
warehouse for a period of 6 months by paying the necessary charges to
the warehouse authorities on the same day. During the period of
storage, on 18.10.2020, the machinery was heavily damaged due to fall
of the warehouse shed. The warehouse authorities did not inform the
said fact to the company. Therefore, the company on 2.11.2020, filed a
consumer complaint claiming a compensation of Rs. 1.5 Crore on the
ground of deficiency in service on part of the warehouse authorities.
Based on these facts answer the following questions in one word:
a) Whether the Company is a consumer?
b) Is there a deficiency in service on part of the warehouse
authorities?
c) Which forum shall have the jurisdiction to entertain this
complaint?
d) Whether the consumer complaint filed is within the period
of limitation?
e) Can a company file a complaint in its own name?
Adv. Vaishali Bapat 2
Caselet No.3 The total number of directors in a Public Limited Company is 20. The
Board of directors of the said Company decided to issue a Prospectus
to raise the funds for the Company, thereby inviting the public to invest
in the Company by subscribing to the Company’s shares. The directors
registered the Prospectus with the Registrar of Companies (ROC). The
directors have not disclosed the fact in the Prospectus that the
Company is running into losses for past 2 years. Based on these facts
answer the following questions in one word:
a) Can a Company have more than 15 directors?
b) Can a public company issue Prospectus?
c) Is there a mis-statement in the Prospectus?
d) Whether registration of the Prospectus with ROC is
mandatory?
e) Can the Company be sued for mis-statement in the
