BUSINESS LAWS- PRACTICAL

Paper Code: 
CBSG 112
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcome

Learning and teaching strategies

Assessment Strategies

CO 6: To create an understanding of basic aspects of The Indian contract Act for making the agreements, contracts and subsequently to enter into valid business propositions

CO 7: To handle the execution of special contracts used in different types of business.

CO 8: To learn legitimate rights and obligations under The Sale of Goods Act.

CO 9: To analyze Provisions regarding Partnership form of Business and to understand the various technicalities pertaining to execution of Partnership also to acquire skills to initiate entrepreneurial ventures as LLP

CO 10: To analyze the fundamentals of Consumerism and the system to pursue the consumer rights under Consumer Protection act 1986

Approach in teaching: Class room Lecture (Theory/ Using Power Point Presentation) /Discussions using Leading Case laws/

 

Learning activities for the students:

Role Play activities/ Moot Court/Group Discussions/ Class presentation 

 

Class participation, tutorial assignments and presentations, class tests, C A Test, Semester End Exams.

 

 

6.00
Unit I: 

The Indian Contract Act, 1872

Caselet Discussion on:                                                                                

     Balfour vs Balfour 

     Mohri Bibee vs Dharmodas Ghosh

                     Carllil vs Carbolic Small Ball company

6.00
Unit II: 

Specific Contracts                                                                                     

  • Moot Court Activity based on Concepts of :

     Gratuitous/ Non- Gratuitous  Bailment

     Types of Agency

     Indemnity & Guarantee

 

6.00
Unit III: 

Sale of Goods Act, 1930                                                                           

  • Role Play Activity on Concepts of:

     Conditions & Warranties

     Unpaid Seller

     Auction Sale

 

6.00
Unit IV: 

Partnership Laws                                                                                     

  • Presentation on topics relating to:

       Types of Partnership

       Kinds of Partners

       Incorporation of Limited Liability Partnership

 

6.00
Unit V: 

A The Negotiable Instruments Act, 1881                                                   

·        Practical Exercise on:

      Writing & Crossing of cheque

·        Role Play activity on:

      Complaint Filling Procedure in Dispute Redressal agencies

Practical File Preparation

Essential Readings: 
  • Aggarawal, Rohini, Student’s guide to Mercantile & Commercial Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi.
  • Kapoor, N. D., Elements of Mercantile Law, Sultan Chand & Sons, NewDelhi
  • Tulsian, P. C., Business Law, Tata McGraw-Hill Publishing Company, New Delhi.
  • Nolakha, R. L., Business Laws, Ramesh Book Depot, Jaipur

 

References: 
  • Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi
  • Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., NewDelhi
  • Sharma, Arya, Gupta, Jain, Business Laws, Ajmera Book Company, Jaipur
  • Gulshan, S. S., Business Law, Excel Books, NewDelhi

 

e- RESOURCES:

 

JOURNALS:

  • Prabandhan
  • The Indian Journal of Commerce
  • IUP Journal of Coprporate Governance

 

 

 

Academic Year: 
2023-2024
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