MS – 107 – BUSINESS LEGISLATION

MS – 107 – BUSINESS LEGISLATION
[Max. Marks: 85] [Min. Marks: 34]
Course Objective – The basic objective of this course is to expose. The students towards the mercantile law and equip the students with broad based knowledge of company law.
UNIT – I
• Indian Contract Act 1872 – essentials of a valid contract, capacity, free consent, Unlawful and void agreements Contingent contract and wagering agreement. Discharge of contract Remedies for Breach of Contract., Guarantee Bailment and Pledge, Agency
UNIT – II
• Law of Sale of Goods1930 – Condition Warranties
• Transfer of Properties Performance of Contract Rights of unpaid sellers and suit for
• The breach of contract Partner Ship Act and Negotiable Instrument Act. 
• Cyber Law including E-commerce
UNIT – III
• The Negotiable Instruments Act 1881 – Nature & Types 
• Negotiation and Assignment. Holder in Due course Dishonour and Discharge of 
• Intellectual Property Rights. . The Information Technology Act, 2000
• Digital Signature Electronic Governance Electronic Records, Certifying Authorities
UNIT- IV
• Indian Company Act – Formation of a Company
• Prospectus Memorandum and Allotment of shares & Article Association 
• Share Capital and Share Holders Reduction of Capital
• Forfeiture of Shares Company Management and Administration.
• Concept of VAT
UNIT –V
• Board Meeting and Resolutions
• General Meetings – Law of Practice and Procedure, Resolution and Minutes
• Borrowing Powers and Methods
• Dividend and Interest
• Prevention of Oppression and Miss Management
• Consumer Protection ACT



Internal Assessment: Total Marks 15
Attendance 5 Marks
Test 5 Marks 
Seminars/Cases analysis/Presentations: 5 Marks 

Guidelines for Case analysis / presentations: - Students should be given case studies as assignment and asked to present the same in the class for discussions, or seminars may be arranged on current issues related to the subject and marks be given on the basis of students’ performance. (Cases or Seminars can be given on individual basis or on group basis) 

REFERENCE BOOKS

Business Law M.C. Shukla
Business Law Mulchandani, K.R.
Business Law Mahaeshwari, R.P. & S.N.
Principles of Business Law K. Ashwathappa
Business Law Sen & Mitra
Business Law M.C. Kuchhal
Govt. & Business N.K Sengupta
Bare Acts –
Indian Contract Act
Sale of Goods Act
Partnership Act
Business Law Balachandani
Business Law SD Geet and MS Patil
BusinessLaws Gulshan Kapoor
Business and Commercial Laws Sen and Mitra 
An Introduction to Mercantile Laws N. D. Kapoor
Business laws N.M. Wechelkar
Business Laws M.D. Mulla 
Company Law Avtar Singh
Bare Text of the relevant Act

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