Answer ALL Questions

1. It is often said Maldives boasts a unique form of a legal system. Comparing with other notable legal systems, discuss how accurate is this statement. Total (10 marks)
2. Juno Investments Pvt Ltd (JUNO) is a company operating in the catering industry for the past 25 years. JUNO's main shareholders, Richard, Neil, Bill, Carl and Thomas have been the shareholders and directors of JUNO since its incorporation. However, from the director's report for the year ended, it was found that the company has incurred a significant amount as fines due to late submissions of tax returns. Furthermore, it had also come to the attention of the directors that Bill & Associates, a general partnership is at the verge of insolvency. From the information circulating in the media, it is clear that Bill & Associates will not be able to settle all of its debts with its assets, and will most likely be declared bankrupt. Bill is the managing partner of Bill & Associates. Moreover, a recent public poll suggested that the catering services provided by JUNO have not been satisfactory. When JUNO's marketing team investigated this matter further, it was revealed that the major reason for this is recent wedding packages introduced by JUNO. These packages were designed and marketed to cater for 200 people. However, those who have taken this package have complained that the food portion has been so small that it only caters roughly a 120 people. Advise JUNO on the specific issues in relation to the matters highlighted above, and the actions that can be taken under Company law as a response. Total (10 marks)