LOVELY PROFESSIONAL UNIVERSITY

ACADEMIC TASK 3 – Assignment

School of Business Faculty of Business and Applies Arts

Name of the Faculty Member: Dr. Razia Sehdev

Course Code: BSL605 Course Title: LEGAL ASPECTS OF BUSINESS

Class: M.B.A Section: Q1948, Q1950, Q1953, Q1954 Max. Marks: 30

Date of Allotment: September 14, 2020 Date of Submission : October 5, 2020

S. Roll No Objective Topic Evaluation Expected

No s of Parameters outcomes
Academic
Activity
1 All the To test the Student is required to Attached rubric will Application of
student conceptual formulate an imaginary be followed for concept
s clarity company as per cases.
and Incorporation rules
applicatio
mentioned in Companies
n of
legal act. Student has to explain
provisions the objectives for which
related to the company will be
incorporat formed and also has to
ion of frame MOA and AOA of
company the company.

Rubrics
Introduction of Company Procedure of Company MOA (10 Marks) AOA (10 Marks)
(5 Marks) formation (5 Marks)

Students will be required
to start their imaginary
business in form of Public
company. So, students
will give introduction of
their proposed company
and mention the business
of the same.
Students will be Students will be Students will be required to
required to explain the required to prepare a Draft AOA for their
procedure that they prepare a Draft company. Thus, students will
would follow to get MOA for their be required to give provisions
their Public company company and related to internal
incorporated under have to give all 5 management of their
Company Act, 2020 clauses in company.
rules. concrete manner.
Each clause will
carry 2 marks.
Insufficient Insufficient Insufficient Insufficient
(0-1 Mark) (0-1 Mark) (0-1 Mark) (0-1 Mark)

Fair (1.5-2 Mark) Fair (1.5-2 Mark) Fair (1.5-3 Mark) Fair (1.5-3 Mark)

Good (2.5-3 Marks) Good (2.5-3 Marks) Good (3.5-6 Good (3.5-6 Marks)
Marks)
Very Good (3.5-4 Marks) Very Good (3.5-4 Very Good (6.5-8 Marks)
Marks) Very Good (6.5-8
Excellent (4.5-5 Marks) Excellent (8.5-10 Marks)
Marks)
Excellent (4.5-5 Marks)
Excellent (8.5-10
Marks)

Insufficient Fair Good Very good Excellent

•Mostly Wrong •Somewhat •Minimum •Adequate Level •Exemplary
•Major Mistakes Correct acceptable work of work work
in overall •Several major •Minor Mistakes •Minor Mistakes •No Mistakes
content mistakes are there •Organized •Well Organized
•Unorganized •Little •Somewhat •Good level of •Good level of
•No Organization Organized understanding understanding
understanding •Limited •Some
Understanding Understanding