NMIMS Solved Assignment Legal Aspect of Business June 2025

NMIMS Solved Assignment Human Resource Management June 2025 :  [Unique]
NMIMS Solved Assignment Human Resource Management June 2025 :

Assignment Marks: 20
Instructions
PLEASE NOTE: This assignment is application based, you have to apply what you have
learnt in this subject into real life scenario. You will find most of the information through
internet search and the remaining from your common sense. None of the answers appear
directly in the textbook chapters but are based on the content in the chapter
NMIMS Centre for Distance and Online Education (NCDOE)
Course: Legal Aspect of Business
Internal Assignment Applicable for Jun 2025 Examination
● All Questions carry equal marks
● All Questions are compulsory
● All answers to be explained in not more than 1000 words for question Q1 and for question Q2(A)
and Q2(B) in not more than 500 words for each subsection. Use relevant examples, illustrations as
far as possible
● All answers to be written individually. Discussion and group work is not advisable.
● Students are free to refer to any books/reference material/website/internet for attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
● Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
● Students should follow the following parameter for answering the assignment questions

Q1 A startup named “SunDisk Pvt. Ltd.” specialises in software development. Initially,
its Memorandum of Association (MOA) focused solely on developing enterprise
software solutions. However, when market patterns changed, the business recognized
profitable prospects in cloud computing services and artificial intelligence (AI)
consulting. The board of directors decided to enter these segments without modifying
the MOA. Soon after, a major investor raised concerns that these activities were ultra
vires and could lead to legal consequences. The company now faces challenges
related to business expansion, legal compliance, and shareholder confidence.
Based on the given scenario, highlight the challenges before SunDisk Pvt. Ltd. if the
MOA continues to remain unamended. Please explain the challenge by emphasizing
the doctrine of ultra vires under the Companies Act, 2013, and suggest potential
solutions to avoid the company violating the provisions of Companies Act, 2013
(10 Marks)
Q2 (A) Innovative Constructions Pvt. Ltd. signs a contract with the government to build a
highway in two years. The contract includes terms about work deadlines and quality.
However, the company faces three major problems:
Delay in Work: Due to supply chain problems, only 90% of the work is done
on time. The government may take legal action for not completing the project.
1.
Change in Contract: The company asks for extra time, and the government
agrees, but some contract terms need to be changed.
2.
Work Becomes Impossible: A new law bans an important material needed for
the project. The company claims that the contract should end because
completing the work is now impossible.
3.
Question:Under the Indian Contract Act, 1872, explain how the company should
handle these problems legally. Consider rules about performance (finishing the work),
changing terms of the contracts by mutual agreement, and what happens when the
work becomes impossible to perform. Mention relevant legal sections where
applicable.
(5 Marks)
Q2 (B) Harish, a real estate developer, signs a contract with Mehta & Sons to build a luxury
apartment complex in two years. The contract states that if the project is delayed,
Mehta & Sons must pay a penalty (liquidated damages). However, due to poor
management, they fail to complete the project on time. Harish suffers financial loss
and damage to his reputation.
Question:
Under the Indian Contract Act, 1872, what legal remedies does Harish have for this
contract breach? What steps can he take to prevent further delays? Mention relevant
legal sections.
(5 Marks)