Business Law NMIMS Assignment Dec 2019

Business Law

1. Explain the mechanism of a Digital Signatures which is recognized under the Information Technology Act, 2000 and state at least two 2 of its applications.

2. Explain in details two 2 real-life instances of Anti-Competitive Agreements which have been prohibited by the Competition Commission of India.

3. Abhay and Seema have entered into a commercial agreement to license content. However, Abhay did not deliver the content to the satisfaction of Seema. Hence, there are disputes arisen between Abhay and Seema. Abhay and Seema do not want to go through a protracted litigation process in Indian courts. Can you advise them on: a. What should be done to conduct an arbitration between Abhay and Seema to resolve their disputes.

b. The difference between Arbitration, Conciliation and Mediation What is the advantages and disadvantages of each of these.

Financial Accounting and Analysis

1. Wildcat Ltd, a manufacturing company sold a machinery for Rs 8 lacs at the year end. The company had purchased the machinery four years back for Rs 15 lacs and had depreciated the same using written down value method of depreciation @ 20%.

As an accounts executive of Wildcat Ltd, calculate the WDV of the asset for the four years, accumulated depreciation for four years and profit/loss on sale, if any.

2. Mr. Shil Wants to record the financial transactions of his newly started business. Discuss what accounting steps/stages he need to adhere so that the transactions can be duly recorded and processed in order to prepare the financial statements.

3. a. Following information is available in respect of a company named, as Beta Ltd

Particulars

Amount

Profit before taxes

Rs 50 lakhs

Dividend d per share

Rs2

Price of the share prevalent on stock exchange

Rs 200

Applicable tax rate

35%

Share capital of company 5 lakh shares of Rs 10 each

Calculate-

• Earnings per shares
• Dividend Pay-out Ratio
• Price earnings ratio

b. Prepare the cash flow statement from investing activities of Alpha Creative Ltd for the year ended March31, 2019

Particulars

Amount

Plant acquired

160000

Claim received for loss of plant in fire

45500

Unsecured loans given to subsidiaries

595000

Interest on loan received from subsidiary companies

72500

• Also give reasons for the classification of above activities as inflow /outflow.