By the end of the course, a student should be able to:
OBCOM-DS-104.1. Describe the legal framework relating to current business scenario;
OBCOM-DS-104.2. Identify and implement the knowledge of the important Acts of business laws;
OBCOM-DS-104.3. Provide potential solutions to the legal problems with regard to Indian business environment;
OBCOM-DS-104.4. Analyze the legal constraints on business.
| Course Status : | Ongoing |
| Course Type : | Core |
| Duration : | |
| Start Date : | |
| End Date : | |
| Exam Date : | |
| Category : | |
| Level : | None |
Unit 1: The Indian Contracts Act,
1872
1.1 Contract:
Meaning, essentials of a valid contract
1.2 Classification
of contract
1.3 Offer
and acceptance
1.4 legality of objects
1.5 consideration
1.6 Capacity
to contact
1.7 Free consent
Unit
2: The Indian Contracts Act, 1872
2.1 Discharge of contract:
Modes including breach and its remedies
2.2 Void agreement
2.3 Contingent contracts
2.4 Contract of bailment and
pledge
2.5 Contract of indemnity and
guarantee
Unit
3:
The Sale of Goods Act, 1930
3.1 Contract of sale:
Meaning, essentials of a contract of sale and difference between sale and
agreement to sell 3.2 Goods:
Meaning and kinds
3.3 Conditions and
warranties: Meaning, implied conditions and warranties
3.4 Transfer of ownership
3.5 Unpaid seller: Rights and
duties of Unpaid seller
Unit
4:
Negotiable Instrument Act, 1881
4.1 Negotiable instruments:
Meaning, characteristics and presumptions
4.2 Classification of
negotiable instruments
4.3 Holder and holder in due
course
4.4 Presentation of
negotiable instruments
4.5 Negotiation of negotiable
instruments: Meaning and methods, endorsement
Unit
5: The Limited Liability Partnership Act, 2008
5.1 LLP: Meaning and
incorporation
5.2 Partners and designated
partners: admission and removal and their relations
5.3 Extent and limitation of
liability of partners
5.4 Financial disclosures and
annual return
5.5 Winding up and
dissolution
Unit
6:
Other Laws- Overview
6.1 Consumer Protection Act,
2019: salient features of the Act, consumer rights and redressal mechanism
1.
Kapoor, N.D., Business Law, Sultan Chand, New Delhi.
2.
Kucchal, M.C., Business Law, Vikas Publishing, New
Delhi.
3.
Bansal, C.L., Business Law, Taxmann Publications, New
Delhi.
4.
Aggarwal Rohini, Mercantile and Commercial Laws,
Taxmann Publications, New
Delhi.
5.
Bansal B.L. and Raheja Rajiv, Ready Reckoner on
Consumer Protection Act, 1986, Jain Book Agency, New Delhi.
6.
Singh Vijay Pratap, Right to Information Law and
Practice, Jain Book Agency, New Delhi.
Only
latest available editions of the books are recommended.
Dr. Anjani Srivastava
Designation: Assistant Professor
Qualifications : PhD, B.Ed,M.Com.,B.Com.,PG Diploma in
Management
Email:
anjani.foc@mriu.edu.in
Experience: 12Years
Research Interest: Accountancy, Taxation and Human Resource
Management
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