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Thursday, August 9, 2018

Business Law Sep 18

Q.1) Explain Bailment and Pledge
along with its features and difference. Also give practical examples of
Bailment and Pledge. (10 Marks)
Q.2) AVEC a global fast food
burger chain had been recently granted permission to operate in India. But
understanding the fast food chain business in India is extremely competitive,
it started offering burger at Rs. 5/- each. The other fast food chain businesses
started agitating the move of AVEC, but AVEC paid no heed to it. Hence, other
fast food chain business are contemplating filing action against AVEC under the
Competition Act, 2002. Kindly assist them on what is the process followed by
Competition Commission of India in dealing with such complaint (10 Marks)
Q.3) Nisha, just fresh out of
college, entered into an employment contract with Sriram Enterprises having its
base in Mumbai. Please give your answer in 2 circumstances arising below:
a. Nisha at the time of entering
into employment contract was 17 years 11 months but she joined the company
after completing 18 years and started working only after competing 18 years.
After being employed for more than a month, Ram another employee on realizing
this complained to HR. Upon realizing this, HR cancelled her employment without
any notice and kept her salary on hold, thus refused to pay any salary due and
payable. Can Nisha sue the company for wrongful termination? (5 Marks)


b. Nisha was appointed for the
post of junior sales executive and assuming if the appointment and contract
were valid, the company had inserted a non-compete clause where Nisha could not
forever join any competitor of the company? Is such a clause legally valid under
the Contract Act, 1872 (5 Marks)

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