Law of Contract, Meaning and Essentials of a Valid Contract, Formation of a Contract, E-contract, performance of contracts, breach of contract and its remedies, special contracts: Indemnity and guarantee, Bailment, and Pledge, Laws of Agency
Sales contract, Transfer of title and risk of loss, Conditions and Warranties in sales contract, Performance of sales contracts, Rights of an unpaid seller, Auction sale. Introduction- Essential elements of partnership, partnership deed, Types of Partners, Registration of partnership firms, Rights, duties and liabilities of partner, Dissolution of partnership firm.
Nature and requisites of negotiable instruments. Transfer of negotiable instruments and liability of parties, holder in due course, special rules for cheque and drafts, discharge of negotiable instruments. Introduction- Objective of IT Act, Features, Duties of subscribers, Attribution, E-Governance, Acknowledgement and dispatch of electronic records, penalties and adjudication
Major principles – Nature and types of companies, Formation, Memorandum and Articles of Association, Prospectus, Power, duties and liabilities of Directors, winding up of companies, Amendments of Companies Act 2013. Introduction to IPR: Copyrights, Trademarks and Patent Act
Corporate Tax planning, Income Tax. Goods and Services Tax (Amended on 03.05.18) – Introduction, Objective, Classification and practical implications of GST (Only Theory). Consumer Protection Act – Consumer rights, Procedures for Consumer grievances Redressal, Types of consumer Redressal Machinery and Forums.
Reference Book:
1.The Legal Environment of Business" by Roger E. Meiners, Al H. Ringleb, and Frances L. Edwards(13th edition, 2020). (Units –I, II, III& IV). 2.Legal Aspects of Managing Technology" by Lee B. Burgunder (7th edition, 2020). (Units –I,II,III&IV) 3."Business Law: Principles for Today's Commercial Environment" by David P. Twomey and Marianne M. Jennings(7th edition, 2019). (Unit- I, II, III, IV & V). 4.Law and Business" byTonyCiro, Vivien Goldwasser, and Reeta Verma (5th edition, 2019)
Text Book:
1. "Business Law and the Legal Environment" by Jeffrey F. Beatty, Susan S. Samuelson, and Patricia Sanchez Abril (7th edition, 2022). (Units-I, II, III, IV& V). 2."Business Law: Text and Cases" by Kenneth W. Clarkson, Roger LeRoy Miller, and Frank B. Cross(16th edition, 2021) (Units-I, II, IV& V). 3.“The Legal and RegulatoryEnvironment of Business" by Marisa Anne Pagnattaro, Daniel R. Cahoy, and Julie Manning Magid (18th edition, 2021)