BM-203: COMMERCIAL LAW
Objective:
To familiarize the students with the relevant legislations affecting business.
UNIT I:
Nature and significance of Law Branches of Law - Branches of Law - Sources of Mercantile Law - Law of Contract - Definition & Essentials of Contract - Types of Contract
12 hrs.
UNIT II:
Offer - Acceptance - Consideration - Capacity 10 Contract -. free consent - Lawful object: Wagering Agreement - Contingent Contract - Quasi Contract (Meaning only)
12 hrs.
UNIT III:
Discharge of Contract - Modes of discharge - Breach of Contract - Remedies for Breach
Special Contracts - Indemnity - Guarantee - Contract of Agency
12 hrs.
UNIT IV:
Negotiable Instruments Act - Meaning & features - Presumptions
Types - P.N. RE. & Cheque (Meaning. proforma & differences) - Crossing (meaning & types only) - dishonour of cheque under Sec. 138A
Arbitration Act - Meaning - Types of Settlement (Arbitration. Mediation & conciliation)
12 hrs.
UNITV:
Information Technology Law - Purpose & significance - governance acknowledgement & dispatch of Electronic Records - digital signature - Cyber Law Competition Act - Purpose & object - prohibited Agreements - Powers of the Commission
Intellectual Property Law - Patent - Trade Mark - Copy right - Industrial Design.
12 hrs.
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Total 60 hrs.
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Books for Study:
I. N.D. Kapoor - Elements of Mercantitle Law
2. Mr. Sheila - Mercantile Law
3. K.Aswathappa & K.Ramachandra - Business Law
4. Umesh Maiya - A text book of Commercial Law
Books for Reference:
I. B.S.Raman - Mercantile Law
2. Autar Singh - Mercantile Law
3. K.R.Bulchandani - Business Law (for management)
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