Business Laws

Paper Code: 
BCS 113
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
9.00

Introduction to Law

Meaning of Law and its Significance; Relevance of Law to Modern Civilized Society; Sources of Law; Legal Terminology and Maxims; Understanding Citation of Cases.

Elements of Company Law

Meaning and Nature of Company; Promotion and Incorporation of a Company; Familiarization with the Concept of Board of Directors, Shareholders and Company Meetings; Company Secretary; E-Governance.

9.00

Elements of Law relating to Partnership and LLP

Nature of Partnership and Similar Organizations - Co-Ownership, HUF; Partnership Deed; Rights and Liabilities of Partners - New Admitted, Retiring and Deceased Partners; Implied Authority of Partners and its Scope; Registration of Firms; Dissolution of Firms and of the Partnership; Limited Liability Partnership Act.

9.00

Elements of Law relating to Contract

Meaning of Contract; Essentials of a Valid Contract; Nature and Performance of Contract; Termination and Discharge of Contract; Indemnity and Guarantee; Bailment and Pledge; Law of Agency.

Role of CS- Duties and Responsibilities, Areas of Practice

Introduction; Role of Company Secretary under Companies Act, 2013 - Role of Company Secretary in Employment, Role of Company Secretary in Practice; Recognition to Company Secretary in Practice under Various Laws.

9.00

Elements of Law relating to Sale of Goods

Essentials of a Contract of Sale; Sale Distinguished from Agreement to Sell, Bailment, Contract for Work and Labour and Hire-Purchase; Conditions and Warranties; Transfer of Title by Non-Owners; Doctrine of Caveat Emptor; Performance of the Contract of Sale; Rights of Unpaid Seller.

9.00

Elements of Law relating to Negotiable Instruments

Definition of a Negotiable Instrument; Instruments Negotiable by Law and by Custom; Types of Negotiable Instruments; Parties to a Negotiable Instrument- Duties, Rights, Liabilities and Discharge; Material Alteration; Crossing of Cheques; Payment and Collection of Cheques and Demand Drafts; Presumption of Law as to Negotiable Instruments.

Elements of Information Technology Act

Cyberspace; Cyber laws; Scope of Cyber Laws; Classification of Cyber Crime; Information Technology Act 2000; Regulation of Certifying Authorities; Adjudication.

References: 

1. Aggarawal, Rohini, Student’s guide to Mercantile & Commercial Laws, Taxmann Allied Services Pvt. Ltd., New Delhi.

2. Kapoor, N. D., Elements of Mercantile Law, Sultan Chand & Sons, New Delhi

3. Tulsian, P. C., Business Law, Tata McGraw-Hill Publishing Company, New Delhi, 2006.

4. Nolakha, R. L., Business Laws, Ramesh Book Depot, Jaipur

5. Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., New Delhi

6. Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., New Delhi

7. Gulshan, S. S., Business Law, Excel Books, New Delhi

8. Study Material issued by ICSI

9. Scanner-Arun Kumar(Shuchita Prakashans(P) Ltd)

Academic Year: