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(Time: 2 Hours) (Marks: 75) : Q.P. Code: 20909
(Time: 2 Hours) (Marks: 75) : Q.P. Code: 20909
N.B:
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performance impossible, state your reasons?
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Q.3 Read the case given below and answer the following questions (Any 2)
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5) Genesis and scope of remedies under the consumer protection act?
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Paper / Subject Code: 68307 / Elective : Law and Economics
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a) What would be his residential status for the financial year 2015 – 2016?
performance on the ground that the war made the performance impossible.”
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5) Which are the commodities proposed to be kept outside the purview of GST?
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Q.P. Code : 20909
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EF 1E 4D E6 61 C1 A3 B8 E 4 98 B B8 63 F E0 4D E6 17
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b) Or to find the oil company in breach of contract and to require the oil company to
a) To excuse the oil company from performance on the ground that the war made the
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1) Mr. A had resided in India during the financial year 2014-2015 for less than 182 days. He had
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silent about the risk of war, so that the courts simply read the contract and resolve the dispute
2) An oil company contracts to deliver oil from the Middle East to a European manufacturer.
foresaw it. In resolving the suit, the court must decide whether to excuse the oil company from
The lack of oil causes the European manufacturer to lose money. The manufacturer brings an
Before the oil is delivered, war breaks out and the oil company cannot perform as promised.
action (that is, files a lawsuit) against the oil company for breach of contract. The
on the contract’s own terms. The oil company contends that it should be excused from
performance because it could do nothing about the war and neither of the contracting parties
manufacturer asks the court to award damages equal to the money that it lost. The contract is
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20
15
10
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[ Marks: 75]
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Rs. 150
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under?
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a) Does this constitute abuse of dominance, explain?
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project office and branch office on stand-alone basis (SEZ)?
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1) What is FDI, Discuss the costs and benefits of FDI to the host nation
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Q.P. Code : 20909
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3) Explain what is regulation of combinations under the competition act 2002, what orders can
all personal care products, sells a shampoo for Rs. 150 and conditioner for Rs. 75 but now it
b) In such a strategy valid? Under what provisions of the competition act does this case fall
know your customer (KYC) guidelines issued by the RBI along with the customer acceptance
has strategically decided to sell the shampoo only with the conditioner for a subsidized rate of
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3) The Garnier Company which is the market leader in its respective field with a share of 90% of
4) What are the obligations of banking companies, financial institutions and intermediaries under
section 12 of the prevention of money laundering act, discuss “customer” under PMLA and the
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30
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