NMIMS BBA - B.Com Corporate & Information Technology Law Solved Answer Assignment

Corporate & Information Technology Law

Q1. In the “ease of doing business” index, indicates better, usually simpler, regulations for businesses and stronger protections of property rights. Discuss this concept, with the background of current company law regime in India (10 Marks)

Ans :
Introduction:
The “ease of doing business” index measures the efficiency of a country’s regulations and procedures related to business activities. It reflects the difficulty or eases a business faces while starting and running its operations in a particular country. This index considers various parameters such as starting a business, getting permits, property registration, access to credit, protecting minority investors, paying taxes, cross-border trade, enforcing contracts, and resolving insolvency.
Concepts and Applications:
The “ease of doing business” index is an essential tool for businesses and governments to identify areas of improvement in regulatory frameworks. The World Bank Group assesses and ranks the economies of 190 annually in its published index. A high ranking on the index indicates a favorable business environment, which attracts domestic and foreign investments, leading to economic growth and job creation.
Conclusion:
In conclusion, the “ease of doing business” index is a crucial parameter for businesses and governments to assess a country’s regulatory environment. The higher the ranking, the more favorable it is for businesses to operate in that country. India has significantly improved its ranking on the index in recent years.

Q2. Ministry of Corporate Affairs has recently shifted its e-governance website to “version-3”. Discuss “e-goverance” in the background of the said website (10 Marks)

Ans :
Introduction:
E-governance is a term that describes the implementation of information and communication technologies (ICT) to improve the effectiveness, openness, and responsibility of the procedures and services provided by the government. In order to provide improved digital services to many stakeholders, the website that the Ministry of Corporate Affairs uses for e-governance was recently upgraded to “version-3.”
Concepts and the Applications:
E-governance is a notion that has gained popularity over the past few years as a result of the growing desire for openness, efficiency, and accountability in the activities that the government carries out. E-governance is providing individuals with government services using information and communications technology (ICT) resources such as the internet, mobile phones, and social media to make these services more accessible and user-friendly. E-governance has several potential applications, including in healthcare, education, taxation, and corporate affairs.
Conclusion:
E-governance is a notion that has fundamentally altered the method by which governments deliver their services to their respective populations. E-governance can potentially improve government efficiency, transparency, and accountability; hence, governments need to adopt this concept to improve the quality of the services they provide to their citizens.

Q3. Imagine you & your spouse are two shareholders as well as directors in a SME business formed as a private limited company. For your short term needs, you wish to raise deposits.

  1. a) Discuss benefits of raising deposits for an SME business. (5 Marks)

Ans :
Introduction:
As a shareholder and director in a private limited company, it is essential to consider the different funding options available to the business. One such option is raising deposits, which can help meet the short-term financial needs of the business. This essay will discuss the benefits of raising deposits for an SME business.
Concepts and the Applications:
Benefits of raising deposits for an SME business:
  1. Low-interest rates: Deposits are typically raised at lower interest rates than loans or other forms of debt. This can make it an attractive funding option for SMEs, which may not have the credit history or collateral to secure larger loans.
  2. Flexible terms: Deposits can be raised with flexible terms, which can be tailored to the needs of the business. For example, the deposit can be raised for a specific period, such as six months or a year, or it can be raised with a rolling maturity date.
Conclusion:
Raising deposits can be an attractive funding option for SMEs, providing flexible terms, low-interest rates, minimal collateral requirements, and less restrictive covenants.
  1. b) Explore the possibility of raising these funds from shareholders and public. (5 Marks)

Ans :
Introduction:
Small and medium enterprises (SMEs) often need help raising capital for their business operations. Raising capital is crucial to running a business, and SMEs may need more options for raising funds. In this scenario, shareholders may consider investing in the business, or the company may consider raising funds from the public through deposits.
Concepts and the Applications:
One of the options for raising funds in an SME is through the shareholders. As a shareholder and a director in the company, consider investing in the business. This investment can be made in the form of equity or debt. If you decide to invest in the company, you will buy shares of the company, increasing your ownership in the business. You, as a shareholder, will receive a share of the profits as dividends.This investment will help the company raise capital and provide you with a return on your investment.
Conclusion:
In conclusion, raising funds is an essential aspect of running an SME. Shareholders and deposits from the public are two options for raising funds for the business. Each option has its advantages and disadvantages, and the decision to raise funds through either option depends on the business’s specific needs.

To get the complete answer/solution to this NMIMS assignment, you can contact Dr. Aravind Banakar’s Academic Writing Services.

Dr. Aravind Banakar prepares two types of Assignments. General assignments & Customized assignments. Both assignments are 100 % Plagiarism-free.
Dr. Aravind Banakar is the number 1 NMIMS Academic Writing Professional. He is a highly experienced academic professional and a reputable and reliable academic content writer with over 24 years of experience. You can obtain ready-made, customized, plagiarism-free MBA, BBA, EMBA, and B.Com assignments.

Important Notice for NMIMS Assignments:

To ensure your NMIMS assignments meet the university’s standards, The NMIMS Assignments must be 100% customized, plagiarism-free, and unique. 
Copying from Google, AI tools, blogs, books, or any other sources is strictly prohibited, and if you copy answers, you will get ZERO marks.
Before purchasing assignments from any academic writer, always demand the following verification:
  1. Turnitin Report– To ensure the content is plagiarism-free.

  2. Grammarly Report– This is to ensure grammar and writing quality.

  3. AI Detection Report– To guarantee no AI-generated content.

 
Remember, these reports are not just a formality. They are your shield against ZERO marks. Take charge of your grades by ensuring your work is original and meets NMIMS standards.
Dr. Banakar leads a team of over 100 PhD-qualified professionals dedicated to creating high-quality, plagiarism-free assignments tailored to meet the exact standards and requirements of NMIMS. With a proven track record, students who have used his services often score 25+ marks out of 30, highlighting the level of detail, precision, and thorough research into every assignment. This emphasis on research instills confidence in the quality of the work.

SVKM Narsee Monjee EMBA Solved Assignments

Leave a Comment