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Legal environment of business

LEGAL ENVIRONMENT OF BUSINESS
 
Module I
 
Introduction- Overview of sources of law and interpretation of law principles of natural justice-the constitution of India with special reference to economic principles enshrined in the constitution- Fundamental rights and fundamental duties.

 

 

 

 

 

 

 

Module II

 
The contact Act- essential features of contract- offer and acceptance-consideration- competence of parties- free consent- void and void able contracts- performance of contracts- discharge of contracts- beach of contracts- Quasi contracts- Indemnity and Guarantee- Bailment and pledge- Law of Agency

 

 

 

 

 

 

 

 

Module III

 

 

 

 

 

 

 

 

Negotiable Instrument Act-cheques- Bills of Exchange- Promissory Notes-Definitions and Characteristic of Negotiable Instruments- Dishonour and discharge of Negotiable instrument- Court decisions- Recent amendments of Negotiable Instruments Act.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Partnership Act- Registration of partnership firms-Rights and duties of partners-admission and retirement of partners-rights and liabilities of incoming and retiring partners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Module IV

 

 

 

 

 

 

 

 

Company Law- Nature and types of companies-incorporation of a company-Memorandum and articles of Association-share capital-Prospectus and its features- different types of shares-membership-borrowing powers-Company meetings and resolutions-Board of Directors-Accounts and Audit-Multi National Corporations- Mergers and Acquisitions-Amalgamations

 

 

 

 

 

 

 

 

 

Module V

 

 

 

 

 

Consumer Protection Act-Consumer redressal mechanisms – Court decisions .Foreign exchange management Act- objectives and features-Court Decisions. Cyber laws in India-Information technology Act 200; 2004-Patents Act – Copy right. Overview of Central Excise Laws- Value Added Tax (VAT)- Minimum Alternate Tax(MAT)-Service Tax –Fringe Benefit Tax(FBT), Mutual Funds. Trade Related Intellectual Properties (TRIPS) Trade Related Intellectual Measures (TRIS)

 

 

 
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