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LEGAL ASPECT OF BUSINESS [1]

Paper Code: 
SEBI 201
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
12.00
Unit I: 

The Indian Contract Act 1872:
The Indian Contract Act 1872: Meaning and Essentials of contract; Kinds of contract-Based on: validity, formation & performance, law relating to offer and acceptance & characteristics of consideration,

12.00

Competency to contract
Competency to contract, free consent, Void agreements, performance of contracts: meaning, modes of performance, persons entitled to demand performance, discharge of contracts, breach of contracts.

12.00

Special contracts:
Special contracts: contract of indemnity: meaning, valid essentials, rights of indemnifier and indemnity holder. Contract of guarantee: Meaning, valid essentials, kinds of guarantee. Bailment-features and types of bailment and Agency-concept, types of agency.

12.00

The Companies Act 2013:
The Companies Act 2013:Meaning, types, Incorporation, Memorandum & Articles of association, privileges given to independent private company, Memorandum of Association and its contents. Doctrine of Ultra vires, Articles of associations: features, contents of articles of public limited company ,position of directors

12.00

Sale of Goods Act 1930, Consumer Protection Act 1986
Sale of Goods Act 1930, Consumer Protection Act 1986: Sale of Goods Act 1930: Sale and agreement to sell, rights of unpaid seller. Consumer Protection Act 1986: Objectives, Consumer protection councils, dispute redressal agencies , district forum, state commission, central commission, differences, rights of consumers.

Essential Readings: 

• . M.C.Kucchal,& Vivek Kucchal: Business Legislation for Management, Vikas
• Publishing House (P) Ltd.
• Dr. G. K. Kapoor & Sanjay Dhamija: Company Law and Practice-A comprehensive
• textbook on Companies Act 2013, latest edition, Taxmann.
• Avtar Singh: Principle of Mercantile Law, Eastern Book Company

References: 

• Gulshan Kapoor: Business Law, New Age International Pvt Ltd Publishers.
• Maheshwari & Maheshwari: Principle of Mercantile Law, National Publishing Trust
• Rohini Aggarwal: Mercantile & Commercial Law, Taxmann.
• Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., New Delhi

ACADEMIC YEAR: 
2021-2022 [2]

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Source URL: https://foreigntrade.iisuniv.ac.in/courses/subjects/legal-aspect-business

Links:
[1] https://foreigntrade.iisuniv.ac.in/courses/subjects/legal-aspect-business
[2] https://foreigntrade.iisuniv.ac.in/academic-year/2021-2022