Practical Problems_Sales of Goods Act_8

R gives his umbrella to M during raining season to be used for two days during Examinations. M keeps the umbrella for a week. While going to R’s house to return the umbrella ,M accidently slips and the umbrella is badly damaged. Who bear the loss and why?

Contract Act_Practical Problems_111

X buys from Y a painting which both believe to be the work of an old master and for which X pays a high price. The painting turns out to be only a modern copy .Discuss the validity of the contract?

Contract Act_Practical Problems_110

A entered into an agreement with S to deliver five dozen bottles of a particular brand of champagne to be manufactured in his factory. The champagne could not be manufactured because of strike by the workers and A failed to supply the said dozen of champagne to S. Decide whether A can be exempted from liability under the provisions of the Indian Contract Act, 1872.

Companies Act_Practical Problems_91

Articles of association of a company reserved the powers for calling the annual general meeting. The managing director of the company, without reference to the Board, called an annual general meeting. Is the annual general meeting validly called ? If not, what should be done to make it valid ?

Companies Act_Practical Problems_90

A whole-time director of a company made an invention during the course of his employment with the company. He patented the invention in his own name and appropriated the benefits to himself. Can he do so ?

Companies Act_Practical Problems_89

The auditor of Trilok Ltd. did not report on the matters specified in sub-section (1A) of Section 227 of the companies Act, 1956, as he was satisfied that no comment is required. Advise.

Companies Act_Practical Problems_88

The auditors were requested by the management to accept the draft minutes of Board, since the minutes book has been misplaced. Comment