Code No. : 2086/N ae (a) Whois a Bailor ? Explain his rights and duties. OR os Define a Negotiable Instrument and bring out the characteristics of a ‘Promissory Note’ and a ‘Cheque’. ahh State the contents of Memorandum of Association and Prospectus of a Company. Bring out the significance of Prospectus. OR ey Explain the methods of appointment and the legal position of Directors of a Public Limited Company. if eV What is the machinery available under The Consumer Protection Act, 1986 to redress the consumers’ grievances ? Explain the role of State Commission in this regard. OR (b) What are Unfair Trade Practices ? State the provisions of MRTP Act to control such practices. 6. re What are the objectives of Arbitration Act, 1986 ? Explain the essentials of an Arbitration Agreement. OR : . (b) Briefly explain the provisions of Information Technology Act, 2000 dealing with Cyber Laws.