Legal Aspects of Business

Paper Code: 
CBBA 503
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, free consent, Void agreements, performance of contracts: meaning, modes of performance, persons entitled to demand performance, discharge of contracts, breach of contracts.

12.00
Unit III: 
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
Unit IV: 
Sale of Goods Act 1930

Sale of Goods Act 1930: Sale and agreement to sell, rights of unpaid seller.
Negotiable Instruments Act 1881:
Meaning of negotiable instruments, types of negotiable instruments: promissory note, bill of exchange & cheque.
The Companies Act 2013:
Meaning and types, Incorporation, Memorandum & Articles of association, privileges given to independent private company.

12.00
Unit V: 
Consumer Protection Act 1986:

Consumer Protection Act 1986:
Objectives, Consumer protection councils, dispute redressal agencies , district forum, state commission, central commission, differences, rights of consumers.

Essential Readings: 

1. 1. M.C.Kucchal,&VivekKucchal: Business Legislation for Management, Vikas
Publishing House (P) Ltd.
2. Dr. G. K. Kapoor & Sanjay Dhamija: Company Law and Practice-A comprehensive
textbook on Companies Act 2013, latest edition, Taxmann.
3. Avtar Singh: Principle of Mercantile Law, Eastern Book Company.
4. Gulshan Kapoor: Business Law, New Age International Pvt Ltd Publishers.
5. Maheshwari&Maheshwari: Principle of Mercantile Law, National Publishing Trust
6. Rohini Aggarwal: Mercantile & Commercial Law, Taxmann.
7. Singh, Nirmal, Business Laws, Deep & Deep Publications

References: 

1. Maheshwari&Maheshwari: Principle of Mercantile Law, National Publishing Trust
2. Rohini Aggarwal: Mercantile & Commercial Law, Taxmann.
3. Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., New Delhi

Academic Year: 
2018-2019
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