BUSINESS LAW AUTONOMOUS SYLLABUS 2015-16

SEMESTER III
MODULE I : THE INDIAN CONTRACT ACT, 1872

 Definitions (Section 2)

Agreement , Contract , Offer , Acceptance, Consideration, Void Agreements,

Voidable Agreements

 Essentials of a Contract
 Kinds of Contracts : Valid, Void, Voidable, Contingent, Quasi Contract and E-
Contract
 Communication, Acceptance and revocation of contract (Sections 3-5)
 Capacity to contract (Sections 10-12)
 Consideration (Sections 2 and 25)
 Free Consent (Sections 13-19)
 Void Agreements (Sections 24-30)
 Discharge of a contract

Modes of Discharge,Breach of a Contract, Remedies for breach

MODULE II : SPECIAL CONTRACTS AND THE SALE OF GOODS ACT, 1930

SPECIAL CONTRACTS

 Indemnity (Sections 124-125)

 Guarantee (Sections 126-129,132-144)
 Bailment (Sections 148, 152-154,162)
 Pledge (Sections 172,178,178A and 179)
 Agency (Sections 182-185, 201-209)

THE SALE OF GOODS ACT, 1930

 Definitions (Section 2)
 Formalities of the contract of sale (Sections 4-10)

Distinction between Sale and Agreement to sell

Distinction between Sale and Hire purchase agreement

 Conditions and Warranties (Sections 11-17)

  Transfer of Property as between the seller and the buyer (Sections 18-26)
 Rights of an unpaid seller (Sections 45-54)

MODULE III CONSUMER PROTECTION ACT, 1986

 Introduction and objects of the Act

 Definition and scope of the word consumer
 Other important definitions
 Consumer Protection Councils
 Consumer Dispute

Complaint and grounds to file a complaint

 Consumer Protection Redressal Agencies

 Composition and Jurisdiction
 Penalties for frivolous complaints

MODULE IV PARTNERSHIP LAWS

THE INDIAN PARTNERSHIP ACT, 1932

 Definitions and types of Partnership (Section4)

 Relations of Partners with one another – Rights and Duties of Partners to one
another
 Relation of Partners with Third parties – Extent of Implied Authority of a Partner (
Chapter III – Section 18 to 29)
 Minors Position in Partnership (Section 30)
 Dissolution of a Firm and Dissolution of Partnership (Section 39-45)
 Effect of Non- Registration (Section 69)

THE LIMITED LIABILITY PARTNERSHIP ACT, 2008

 Definitions (Section 2) Body Corporate , Business , Partner

 Nature of LLP (Sections 3-10)
 Extent and Limitation of Liability of LLP (Sections 26-31)
 Winding Up and Dissolution (Sections 63-65)
SEMESTER IV
MODULE I :THECOMPANIES ACT, 2013

 Company and its Formation

 Types of Companies
 Membership of a Company
 Memorandum of Association and Articles of Association
 Prospectus

MODULE II : CORPORATE LAWS

FOREIGN EXCHANGE MANAGEMENT ACT,1999

 Objects of the Act

 Salient Features of the Act
 Important Definitions
 Powers to make rules and regulations

THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI ACT, 1992)

 Objects of the Act

 Constitution of SEBI
 Meetings of SEBI
 Powers and functions of SEBI

THE COMPETITION ACT, 2002

 Objects of the Act

 Competition Commission
 Dominant Position
 Anti-Competitive Agreements

MODULE III : INFORMATION AND TECHNOLOGY ACT,2000

 Definitions (Section 2)
 Objects of the Act
 Important Definitions
 E-Contract
 E-Commerce
 E-Governance
  E-Business
 Digital Signature
 Cyber Crimes

Hacking, Data Theft, Spreading Virus and worm, Disruption of any computer or network,
Cyber bullying, Cyber terrorism, Email frauds, Credit card fraud

INTELLECTUAL PROPERTY RIGHTS

 Introduction
 Patents : Meaning
 Copyrights : What works are protected, rights, who owns the rights and duration
 Trade Marks- Meaning, Duration
 Designs

MODULE IV : NEGOTIABLE INSTRUMENTS ACT, 1881

 Negotiable Instrument, Essentials : (Section 13)

 Promissory Notes and Bills of Exchange (Sections 4,5,108-116)
 Cheques and Penalties in case of dishonor of certain cheques (Sections 6,123-131-A,
138-147)
 Miscellaneous Provisions (Sections 8-10,22,99-102,118-122,134-137)

Holder (Section 8)

Holder in Due Course (Section 9)

Payment in Due Course (Section 10)

Maturity of an Instrument (Section 22)

Noting (Section 99)

Protest (Section 100-102)

Endorsement and its kinds

Discharge of a Negotiable Instrument