Economic and Commercial Law

Attempt any 6

1. Gyan, a trustee, improperly leaves trust property outstanding. If such trust property is
subsequently lost, is Gyan liable to make good the property lost ? Explain.
2. Discuss the powers of Legal Metrology Officer regarding inspection and seizure under Legal
Metrology Act, 2009
3. Comment on the presumption of culpable mental state. Who can avoid such presumption of
culpable mental state as stated under the Essential Commodities Act, 1955 ?
4. Mention the provisions of the Indian Trusts Act, 1882 regarding extinction of a trust.
5. "An enterprise which is engaged in hazardous or inherently dangerous activity and an
industry which poses a potential threat to the health and safety of the persons working in
the factory and of those residing in the surrounding areas owes an absolute and non-
delegatable duty to the community." Comment.
6. State the powers of Director to inspect and seize under the Legal Metrology Act, 2009.
7. Alka Society was registered by seven individuals comprising relatives and close friends in
2010 for diffusing of political knowledge among the youth. It has now assets amounting to
over five crore rupees. In whom does the property vest ? Refer to relevant provisions and
case law, if any, under the Societies Registration Act, 1860.
8. Discuss the criteria of classification of the enterprises engaged in the manufacture of goods
or in rendering services in micro, small and medium enterprises.