Economic Laws

Paper Code: 
BCP-614
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

  • To acquire the ability to analyze the significant provisions of select economic laws

Course Outcomes (COs):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

BCP-614

Economic Laws
  • CO 196 Develop an insight of The Foreign Exchange Management Act, 1999
  • CO 197 Have an overview of The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
  • CO 198 Students will develop an understanding of The Prevention of Money Laundering Act, 2002
  • CO 199 To acquaint the students with Foreign Contribution Regulation Act, 2010 and The Arbitration and Conciliation Act, 1996
  • CO 200 Understand the concepts of The Insolvency and Bankruptcy Code, 2016

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments

 

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation,

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
-
  • The Foreign Exchange Management Act, 1999: -Introduction, broad structure of FEMA, Definition, Regulation and Management of Foreign Exchange, Contraventions and Penalties in brief, miscellaneous provisions

 

9.00
Unit II: 
-
  • The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Important Definitions, Regulation of Securitization and Reconstruction of Financial Assets of Banks and Financial Institutions, Enforcement of Security Interest, Offences and Penalties, Miscellaneous Matters

 

9.00
Unit III: 
-
  • The Prevention of Money Laundering Act, 2002- Definitions, Punishment for the Offence of Money laundering, Obligation of Banking Companies, Financial Institutions and Intermediaries or a person carrying on a designated business or profession, Appellate Tribunal, Special Court, Procedure for Attachment and Confiscation of Property and Recovery of fines and penalties.

 

9.00
Unit IV: 
-
  • Foreign Contribution Regulation Act, 2010 - Definitions, Regulation of Foreign contribution and miscellaneous provisions
  • The Arbitration and Conciliation Act, 1996- General Provisions, Arbitration agreement, Tribunal, Conciliation

 

9.00
Unit V: 
-
  • The Insolvency and Bankruptcy Code, 2016- Preliminary, Corporate insolvency resolution process, Liquidation process and other provisions

 

References: 

Study Material Published by ICAI

Academic Year: 
2020-2021
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