At the core of any study
of business laws lies an understanding of the diverse legal systems that shape
the business environment worldwide. From common law to civil law and beyond,
students delve into the origins, principles, and applications of various legal
systems. By comprehending the fundamental differences between these systems,
participants gain insights into how legal principles influence business
practices and transactions across different jurisdictions. Contracts serve as
the backbone of business agreements, defining the rights, obligations, and
remedies of parties involved. In this course, participants explore the
principles of contract formation, interpretation, and enforcement. Through case
studies and real-world scenarios, students learn to draft, negotiate, and
evaluate contracts effectively, safeguarding the interests of businesses and
mitigating legal risks associated with contractual disputes. Choosing the
appropriate legal structure is a critical decision for any business venture.
Through the study of partnerships, corporations, limited liability companies,
and other business entities, participants gain insights into the legal
implications of different organizational structures. From formation to
dissolution, students learn to navigate corporate governance, compliance
requirements, and fiduciary duties, ensuring sound legal foundations for
business operations. Commercial transactions form the lifeblood of business
operations, involving the sale of goods, negotiation of contracts, and financing
arrangements. This course examines the legal principles governing commercial
transactions. Upon completion of this course, participants emerge with a
comprehensive understanding of business laws and their applications in the
commercial context. Armed with this knowledge, participants are equipped to
analyze legal issues and make informed decisions in a business environment,
identify potential legal risks and liabilities and implement strategies to
mitigate them effectively, navigate through complex legal frameworks with
confidence, ensuring compliance and ethical conduct within business practices.
REGISTRATION LINK FOR THIS COURSE - https://docs.google.com/forms/d/12GiLY16nKjIfvzZth69tX8jHA0ODsxOHKLh987-0f_U/edit
| Course Status : | Upcoming |
| Course Type : | Core |
| Duration : | 12 weeks |
| Start Date : | 12 Mar 2025 |
| End Date : | |
| Exam Date : | |
| Enrollment Ends : | 15 Apr 2025 |
| Category : | |
| Level : | Undergraduate |
Unit 1: Basics of Contract Law
1.1 Essentials of a valid contract
1.2 Capacity to enter into a contract
1.3 Discharge of a Contract
1.5 Contract of Agency and Bailment
Unit 2: Sale of Goods Act and Negotiable Instruments
2.1 Contract of Sale
2.2 Conditions and warranties
2.3 Unpaid seller and his rights
2.4 An introduction to Negotiable Instruments
Unit 3: Partnership
3.1 Partnership
3.2 Rights,Obligations and Liabilities of Partners
3.3 Dissolution
3.4 Limited Liability Partnership vs Partnership, Limited Liability Partnership vs Company
3.5 Dissolution of a Limited Liability Partnership
Unit 4: Basics of Company Law
4.1 Essential features of a Company
4.2 Types of Companies
4.3 Memorandum of Association & Articles of Association
4.4 Prospectus
4.5 Lifting of Corporate Veil
4.6 Directors of a Company
Assessment Policy
|
Assessment Type |
Weightage |
|
Continuous Evaluation |
30% |
|
Final Exam |
70% |
Certificate Eligibility
To successfully complete the course and obtain a certificate, participants must achieve a minimum score of 40%, which includes both continuous assessment and the final examination. Upon competion, the earned credits will be transferred to the Academic Bank of Credits.
Text Books:
Dr. Avtar Singh, Law of Contract, EBC, Lucknow (9th Edn. – 2021)
Dr. R.K Bangia , Law of Contract, Allahabad Law Agency, 2019
Reference Books:
R.K.Abhichandani (ed.), Pollock and Mulla on Contracts and Specific Relief Acts (1999) Tripathi, Bombay
Avtar Singh, Principles of the Law of Sale of Goods and Hire Purchase (2018), Eastern, Lucknow
J.P. Verma (ed.), Singh and Gupta, The Law of Partnership in India (2020), Orient Law House
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