Business Laws

• Introduction to Law: Meaning of Law & its Significance; Relevance of Law to Modern Civilized Society; Sources of law; Legal Terminology and Maxims, Understanding Citations and 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

• Element of Law Relating to Partnership – 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.

• Elements of Law Relating to Contract: Contract - Meaning; Essentials of a Valid Contract; Termination and Discharge of Contract; Indemnity and Guarantee; Bailment and Pledge; Law of Agency.

• Element 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 Contract of Sale; Rights of unpaid seller.

• 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 Instrument.