Course Code- BBA3CJ202 Course Name:-Business & Corporate Regulations- semester-3 Cred-4

 Course Summary

This course aims to introduce the students to the regulatory framework of Indian business, to enable students to understand the different laws that affect business and to expose the students to the various nuances of operating business activities and the legal compliances pertaining to them.

Course outcomes

CO2-Understand the legal provisions governing the sale of goods and related business transactions.

CO3-Analyze the key provisions of company law, including company formation, types of companies, and legal requirements.

CO4-Explain corporate management and the procedures and circumstances relating to the winding up of a company

Module-1

Indian Contract Act 1872

• 1 Introduction of law, Sources of law, Business Law – Meaning and definition
• 2 Contract: - Definition, Essentials of Valid Contract
• 3 Classification of Contracts
• 4 Offer and Acceptance, Consideration, Capacity to Contract, Free Consent, Coercion, Undue influence, Misrepresentation, Fraud, Mistake
• 5 Discharge of Contract, Breach of Contract and Remedies
• 6 Contingent Contracts, Quasi Contract
• Module-2
• Sale of Goods Act 1930
• 7- Contract for Sale of Goods, Essentials of a Contract of Sale, Conditions and Warranties
• 8-Caveat Emptor – Sale by non-owners – Rules as to Delivery of goods – Un Paid Seller and his rights
• Module-3
• 9-Introduction to Companies Act, 2013- History of Company Acts in India.
• 10-Meaning and definition of company, Features of company.
• 11-Kinds of Companies: Private Company, Public Company, Associate Company, Dormant Company - One Person, Company, Small Company, Government Company, Producers company.
• 12-Lifting of Corporate Veil, Doctrine of Ultra Vires, Doctrine of Indoor Management
• 13-Memorandum of association, Articles of Association, alteration of memorandum and articles of association, prospectus
• 14-Management of companies- Directors: Appointment, Removal, Powers, and Duties of Directors. Types of directors, Key Managerial Persons
• 15-Company Secretary: Qualification, Appointment and Duties.
• Module-4
• Corporate Meeting and Liquidation
• 16-Company Meeting -Types of meeting and requirements of valid meeting
• 17-Winding up of Companies: Mode of winding up of the Companies
• 18-Compulsory Winding up under the Order of the Tribunal Voluntary winding up
• 19-ontributories - Payment of Liabilities
• Open Module
• 1-Case Study Analysis: Analyze landmark legal cases and recent disputes related to corporate regulations.
• 2-Company Document Drafting: Prepare a Memorandum of Association, Articles of Association, and Prospectus for a proposed company using the Companies Act, 2013 as a guide.
• 3-Contract Drafting: Draft contracts for various business transactions by applying legal principles and procedures.
• 4-Consumer Protection Case Study: Discuss case studies on Caveat Emptor and consumer protection laws in India.
• 5-Campus Company Project: Develop a business idea and prepare a report on converting it into a company, covering promotion stages, company documents, fundraising methods, and fund utilization.
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