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Home > LAWS FOR BUSINESS ENTITIES IN INDIA

LAWS FOR BUSINESS ENTITIES IN INDIA [1]

Paper Code: 
GCL 232
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
12.00

 Indian Contract Act,1872                                                                               

  • Contract: - Meaning of contract, Types, Essentials of Valid Contract,
  • Void agreements: Meaning, Types.
  • Proposal and Acceptance: Meaning, legal rules as to the offer
  • Contractual capacity: Meaning, Minors (effects of minor’s agreements), Person of unsound mind,
  • Persons disqualified by law
  • Free consent,
  • Consideration

 

12.00

 Indian Contract Act,1872                                                                          .                    

  • Performance of contract: Meaning, Modes of performance,
  • Discharge of contract: modes of discharge of contract, Remedies
  • Contract of Indemnity and Guarantee
  • Contract of Bailment and Pledge, Agency
  • Quasi Contracts

 

12.00

 Limited Liability Partnership Act 2008                                                     

  • Partnership Act 1932 - Meaning, nature of partnership,  partnership deed, Registration of partnership firm,  types of partners and partnership, Mutual Rights and duties.
  • Limited Liability Partnership Act 2008- Salient features of LLP,   Nature of LLP, Incorporation of LLP Partnership and Incidental Matters,  Partners and their relations, Extent and limitation of LLP

 

   Companies Act 2013                                                                                 

  • Salient Features of Companies, Classification of companies.
  • Incorporation of company,
  • Memorandum of Association ,  Article of Association,  Prospectus.
  • Shares and Debentures

 

12.00

Companies Act 2013                                                                                      

  • Key Managerial Personnel
  • Directors -Definition , type  and Powers.
  • Meetings- Proceedings, Winding up (Voluntary, under court’s supervision),
  • CSR provision and practices

 

Essential Readings: 

 ESSENTIAL READINGS

  • Majumdar, A. K. and Kapoor, G. K., Student’s guide to Company Law, Taxmann Publications (P) Ltd., New Delhi
  • Singh, Avtar, Indian Company Law, Eastern Book Company.

 

 

References: 

SUGGESTED READINGS

  • Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur
  • Kuchhal, MC, Company Law and Secretarial Practice, Vikas Publishing House, New Delhi
  • Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi
Academic Year: 
2023-2024 [2]

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Source URL: https://business.iisuniv.ac.in/courses/subjects/laws-business-entities-india-1

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[1] https://business.iisuniv.ac.in/courses/subjects/laws-business-entities-india-1
[2] https://business.iisuniv.ac.in/academic-year/2023-2024