ASSIGNMENT

DRIVE SUMMER 2014

PROGRAM MBADS (SEM 3/SEM 5)
MBAFLEX/ MBA (SEM 3)
PGDBMN (SEM 1)
SUBJECT CODE &
NAME
MA0037-
BANKING RELATED LAWS AND PRACTICES
BK ID B1618
CREDIT 4
MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.


Q.No Question Marks Total Marks
1 Refer a bill of exchange and discuss its features. Elucidate the difference between a cheque and a
bill of exchange.

Bill of exchange and its features
Difference between cheque and bill of exchange
5
5
10


2 A person deposits some jewellery with a bank as a security for a debt. After repaying the debt, he
demands the return of the jewellery. He owes some other debts to the bank. Is he entitled to
recover the jewels from the bank?
Discuss the lien and differentiate types of lien. Explain Rule in claytons case.

Lien and different types of liens
Rule in claytons case
5
5
10


3 A mortgage a certain plot of building land to B and afterwards erects a house on the plot. For the
purpose of his security, B is entitled to the house as well as the plot. Discuss the right of mortgager
and mortgagee.


Rights of mortgager
Rights of mortgagee
5
5
10







4 Bangalore based Janalakshmi Financial Services has recently completed a securitization
transaction worth INR 250 million with IFMR Capital. Closed on August 18th, IFMR Capitals
latest transaction Delta Pioneer IFMR Capital 2010, is backed by 35,560 microloans originated by
Janalakshmi, a microfinance NBFC (Non-Banking Financial Company). Explain registration of
securitisation company or reconstruction company. Discuss the documents involved in this
transaction.
A
Securitisation registration
documents

7
3
10
5 Are digital records admitted as evidence under Bankers book of evidence act?
Discuss the conditions in the printout.

A
Bankers book of evidence act
conditions in the printout

5
5
10
6 Rohit is not a customer of the bank. He is a university student. He applies for a bankers cheque at
the extension counter of a bank. He was refused at the first instance but the bank realised its
mistake and agreed to issue the bankers cheque. The process took more than 4 hours. What is the
recourse available to Rohit? What type of documentary evidence can Rohit produce? What is the
procedure for redressal of grievances under Banking ombudsman scheme?

A
Recourse available to Rohit
Documentary evidence
Banking ombudsman scheme

2
2
6
10