IGNOU MMPC 013 Solved Assignment 2023-24

 

MMPC 013 Solved Assignment 2023-24

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Course Code: MMPC 013

Assignment Code: MMPC 013 ASST/TMA/2023-24

Marks: 100

NOTE: All questions are compulsory

Note: Attempt all the questions and submit this assignment to the Coordinator of yourstudy centre. Last date of submission for July 2023 session is 31st October, 2023 and for January 2024 session is 30th April 2024.

Q1. Discuss the modes of dissolution of a partnership and explain the grounds on which a court can order dissolution of a firm.

Dissolution of a partnership refers to the process by which a partnership comes to an end. This can occur through various modes, and in some cases, a court may order dissolution based on specific grounds. Here are the modes of dissolution and the grounds on which a court can order dissolution of a firm:

Modes of Dissolution:

Mutual Agreement:

Partners may decide to dissolve the partnership by mutual consent. This usually involves a formal agreement outlining the terms of dissolution, including the distribution of assets and settlement of liabilities.

Compulsory Dissolution:

A partnership may be compulsorily dissolved under the following circumstances:

Insolvency: If a partner becomes insolvent or bankrupt, it can trigger the dissolution of the partnership.

Illegal Business: If the partnership engages in illegal activities, it can be ordered to dissolve.

Change in Business: If the business originally formed by the partnership becomes illegal or impossible to carry on, the partnership may be dissolved.

Dissolution by Notice:

In some cases, a partner may give notice of their intention to dissolve the partnership, as per the terms specified in the partnership agreement.

Dissolution by Court Order:

A court can order the dissolution of a partnership under specific circumstances.

Grounds for Court-Ordered Dissolution:

Insanity or Incapacity:

If a partner becomes mentally incapacitated or insane, the court may order dissolution to protect the interests of the partnership and its stakeholders.

Misconduct:

If a partner engages in serious misconduct or breaches the partnership agreement, the court may order dissolution. Misconduct may include fraud, embezzlement, or other unethical practices.

Continuous Losses:

If the business sustains continuous losses and it becomes impractical to continue operations, the court may order dissolution to prevent further financial harm.

Breach of Agreement:

If there is a persistent breach of the partnership agreement by one or more partners, and reconciliation is not possible, the court may order dissolution.

Inability to Work Together:

If there is a breakdown in the relationship between partners, and it becomes impossible to carry on the business effectively, the court may order dissolution.

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Just and Equitable Grounds:

The court may order dissolution if it deems it "just and equitable" to do so. This can encompass a range of factors, including irreconcilable differences, oppression of minority partners, or other circumstances that make the continuation of the partnership unfair.

Failure to Contribute:

If a partner fails to fulfill their financial or non-financial obligations as outlined in the partnership agreement, the court may order dissolution.

It's important to note that the specific grounds for court-ordered dissolution can vary based on jurisdiction and the terms stipulated in the partnership agreement. Parties involved in a partnership should be familiar with the relevant legal provisions and seek legal advice if contemplating dissolution or facing disputes that could lead to court intervention.

Q2. What is the objective of the Foreign Exchange Management Act? Discuss the mechanism for acquiring property in India by a non-resident and outside India by a resident.

Q3. Explain the necessity for the Insolvency and Bankruptcy Code 2016 (IBC-2016) and briefly discuss the four pillars of Institutional Infrastructure under IBC-2016.

Q4. Discuss the role of ‘Privacy’ in the context of Digital World. Discuss the personal Data Protection Bill, 2019.

Q5. Explain the applicability of Consumer Protection (E-Commerce) Rules, 2020 and discuss the duties and liabilities of e-commerce entities under these rules.

MMPC 013 Handwritten Assignment 2023-24

MMPC 013 Solved Assignment 2023-24: We provide handwritten PDF and Hardcopy to our IGNOU and other university students. There are several types of handwritten assignment we provide all Over India. We are genuinely work in this field for so many time. You can get your assignment done - 8130208920

Important Note - You may be aware that you need to submit your assignments before you can appear for the Term End Exams. Please remember to keep a copy of your completed assignment, just in case the one you submitted is lost in transit.

Submission Date :

31st March 2023 (if enrolled in the July 2023-24 Session)

30th Sept, 2023 (if enrolled in the January 2023-24 session).

IGNOU Instructions for the MMPC 013 Assignments

MMPC 013 Business Law Assignment 2023-24 Before ate mpting the assignment, please read the following instructions carefully.

1. Read the detailed instructions about the assignment given in the Handbook and Programme Guide.

3. Write the course title, assignment number and the name of the study centre you are attached to in the centre of the first page of your response sheet(s).

4. Use only foolscap size paper for your response and tag all the pages carefully

5. Write the relevant question number with each answer.

6. You should write in your own handwriting.

GUIDELINES FOR IGNOU Assignment MMPC 013023-24

MMPC 013 Solved Assignment 2023-24 You will find it useful to keep the following points in mind:

1. Planning: Read the questions carefully. Go through the units on which they are based. Make some points regarding each question and then rearrange these in a STATISTICS IN PSYCHOLOGYal order. And please write the answers in your own words. Do not reproduce passages from the units.

2. Organisation: Be a little more selective and analytic before drawing up a rough outline of your answer. In an essay-type question, give adequate attention to your introduction and conclusion. The introduction must offer your brief interpretation of the question and how you propose to develop it. The conclusion must summarise your response to the question. In the course of your answer, you may like to make references to other texts or critics as this will add some depth to your analysis.

3. Presentation: Once you are satisfied with your answers, you can write down the final version for submission, writing each answer neatly and underlining the points you wish to emphasize.

IGNOU Assignment Front Page

The top of the first page of your response sheet should look like this: Get IGNOU Assignment Front page through. And Attach on front page of your assignment. Students need to compulsory attach the front page in at the beginning of their handwritten assignment.

ENROLMENT NO: …………………………

NAME: ………………………………………

ADDRESS: …………………………………

COURSE TITLE: …………………………

ASSIGNMENT NO: ………………………

STUDY CENTRE: …………………………

DATE: ………………………………………

MMPC 013 Handwritten Assignment 2023-24

MMPC 013 Solved Assignment 2023-24: We provide handwritten PDF and Hardcopy to our IGNOU and other university students. There are several types of handwritten assignment we provide all Over India. We are genuinely work in this field for so many time. You can get your assignment done - 8130208920

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