Economic and Commerecial Laws-II

Paper Code: 
BCS 313
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire knowledge and understanding of Economic and Commercial Laws

9.00
Unit I: 
Law relating to Contract

• Contract – Introduction
• Legality of Objects
• Standard Form of Contract
• Multinational Agreement
• E-Contracts
• Strategies and Constraints to enforce Contractual Obligations
• Special Contracts: Indemnity and Guarantee; Bailment and Pledge; Law of Agency

9.00
Unit II: 
Prevention of Money Laundering

Genesis
• Prevention of Money Laundering Act, 2005
• Concept and Definitions, Various Transactions, etc.
• Obligations of Banks and Financial Institutions
• RBI Guidelines on KYC
Law relating to Essential Commodities, Weights and Measures
• Overview of Essential Commodities Act, 1955
• Objects
• Powers of Central Government
• Seizure and Confiscation of Essential Commodities
• Summary Trial
• The Legal Metrology Act, 2009

9.00
Unit III: 
Law relating to Societies

General Concept Relating to Registration of Societies
• Property of Societies
• Suits by and against Societies
• Enforcement of Judgment against Societies
• Dissolution of Societies
Law relating to Trusts
• General Concept relating to Trusts
• Creation of Trust
• Duties and Liabilities of Trustees
• Rights and Powers of Trustees, Disabilities of Trustees
• Rights and Liabilities of the Beneficiary

9.00
Unit IV: 
Industries Development and Regulation

Objects and Definitions
• An Overview of Industrial Policy
• Regulatory Mechanism under IDRA
• The Micro, Small and Medium Enterprises Development Act, 2006
Law relating to Pollution Control and Environmental Protection
• Concept of Sustainable Development and Bio Diversity
• Government Policy Regarding Environment
• Law Relating to Prevention and Control of Air Pollution and Water pollution
• Environment (Protection) Act, 1986
• National Green Tribunal
• Appearance before Environment Tribunal/Authority
• Public Liability Insurance Act, 1991

9.00
Unit V: 
Law relating to Registration of Documents

Registration of Documents – Compulsory and Optional
• Time and Place of Registration
• Consequences of Non-Registration
• Description of Property
• Miscellaneous Provisions

References: 

1. Study Material Publsihed by ICSI
2. Scanner-Arun Kumar (Suchitra Prakashan (P) Ltd
3. Competition Law Today- Vinod Dhall(Concepts, Issues and the Law in Practice, Oxford University Press, New Delhi)
4. Competition Law in India-T Ramappa (Policies, Issues and Developments, Oxford University Press New Delhi)
5. Consumer Protection Act & Rules-Kuldeep Saxena(Law Links)
6. Handbook of Industrial Law-N.D Kapoor (Sultan Chand & Sons, New Delhi)
7. Guide to new industrial polices-Rajiv Jain(India Investment Publications)
8. Economic labour and Industirla Laws- N.D Kapoor(Sultan Chand & Sons, 23 Darya Ganj New Delhi)
9. Journal Student Company Secretary (The ICSI New Delhi)

Academic Year: 
2016-2017
  • Printer-friendly version
  • PDF version