Time allowed: 3 hours
Max marks:100

Note: Attempt only FIVE questions in all.


Q.1 Discuss the Statuary liability both civil and criminal that arises as result of untrue statement in a prospectus of a company.

Q.2 What is meant by "Endorsement"? Explain various kinds of endorsement and differentiate between "Conditional" and partial Endorsement"?

Q.3 What is the procedure to be followed in the winding of a company by the court? By whom can such proceeding be instituted?

Q.4 "The Liability of a surety is always co-extensive with the principle debtor". Explain the principle and describe under what circumstances a surety is discharged from its obligations?

Q.5 How do you assess the general rule that no Seller can transfer better title than he himself has?

Q.6 Discuss the relative advantages of the settlement of the dispute under the Arbitration Act.

Q.7 What is the legal position of a minor admitted to the benefits of partnership?

Q.8 "An agreement in restraint of trade if Void". Explain the statement mentioning exceptions if any.

Please me tell me about books for preparing Mercentile law. I don't know even a bit about Mercentile law, Please recommed a book with the help of which i can the paper

Mercantile Law by Shukla (for detailed conceptual skills)
Mercantile Law by Khalid Cheema (for brief idea and headings)