Business-Law – NMIMS Solved Assignment_April_2021

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NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Business Law

Internal Assignment Applicable for April 2021 Examination

Assignment Marks: 30

  1. List out the features of Information Technology Act, 2000. Provide any two (2) changes introduced by the Information Technology Act, 2000 and how it has impacted

the citizens of India.                                                                                                                     (10 Marks)

  • Explain in detail two (2) real-life cases where Rights of Consumers have been upheld.

(10 Marks)

  • Pestonjee Shroff (“Pesi”) owned huge tracts of land in Mumbai and he used to receive offers from various developers and builders to develop the land owned by Pesi. Pesi refused such offers of redevelopment and commercialization as he intended to use the land or proceeds from land for charitable purposes. But one day few individuals along with a builder (who had earlier been refused by Pesi) barged into his home and made him sign the papers of redevelopment of the plot. For this the builder gave him Rs. 200 crores and the money was transferred to his account. The agreement also was duly registered. Pesi being unhappy with the development of events and forcibly being made to sign an agreement wanted to take legal action. So he has approached you for understanding the legal position:
a.Is such an agreement a binding Agreement or can it be cancelled? Please give your
 reasons for your answer.(5 Marks)
b.Assuming the market value of land is Rs. 85 crores, can Pesi seek cancellation of the
 agreement? Please give your reasons for your answer.(5 Marks)

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