DEPARTMENT - MANAGEMENT

LECTURE WISE PLAN

FACULTY NAME :- ALOK MOHAN

DESIGNATION :- ASSISTANT PROFESSOR
DEPARTMENT :- MANAGEMENT
E-MAIL ID :- alok.mohan@hotmail.com
COURSE :- MBA
SEMESTER :- II
SUBJECT NAME: BUSINESS LAW
SUBJECT CODE: NMBA-022

SYLLABUS
NMBA 022: BUSINESS LAWS

Max. Hours: 40

UNIT 1 (10 SESSIONS)

The Indian Contract Act, 1872
Definition of a Contract and its essentials, Formation of a valid Contract - Offer and Acceptance,
Consideration, Capacity to Contract, Free consent, Legality of object, Discharge of a Contract by
performance, Impossibility and Frustration, Breach, Damages for breach of a contract, Quasi
contracts. Special Contracts Contract of Indemnity and Guarantee, Contract of Bailment and Pledge,
Contract of Agency.
UNIT II (08 SESSIONS)
The Indian Partnership Act, 1932
Definition of Partnership and its essentials, Rights and Duties of Partners: Types of Partners, Minor as
a partner, Doctrine of Implied Authority, Registration of Firms, Dissolution of firms.
Limited Liability Partnership Act, 2000
Incorporation by registration, Relationship of members, members as agents, ex- members, designated
members, Cessation of trade by Limited liability partnership, Insolvency and winding up
UNIT III ( 08 SESSIONS)
The Sale of Goods Act, 1930
Definition of a Contract of Sale, Conditions and Warranties, Passing of Property, Right of Unpaid Seller
against the Goods, Remedies for Breach.
The Negotiable Instrument Act, 1881
Definition and characteristics, Kinds of negotiable instruments, Promissory Note, Bill of Exchange and
Cheques, Holder and Holder in due course, Negotiation, Presentment, Discharge from Liability,
Noting and Protest, Presumption, Crossing of Cheques, Bouncing of Cheques.
UNIT IV (06 SESSIONS)
The Companies Act, 1956
Nature and Definition of a Company, Registration and Incorporation, Memorandum of Association,
Articles of Association, Prospectus, Kinds of Companies, Directors: Their powers and duties, Meetings,
Winding up.
The Consumer Protection Act, 1986
Aims and Objects of the Act, Redressal Machinery under the Act, Procedure for complaints under the
Act, Remedies, Appeals, Enforcement of orders and Penalties.
UNIT V (8 Sessions)
The Information Technology Act, 2000
Definition, Digital Signature, Electronic Governance, Attribution, Acknowledgment and Dispatch of
Electronic Records, Sense Electronic Records and Sense Digital Signatures, Regulation of Certifying
Authorities, Digital Signature Certificates, Duties of Subscribers, Penalties and Offences.
The Right to Information Act, 2005
Right to know, Salient features of the Act, obligation of public Authority, Designation of Public
Information
officer, Request for obtaining information, Duties of a PIO, Exemption from disclosure of information,
Partial
disclosure of information, In formation commissions, powers of Information Commissions, Appellate
Authorities, Penalties, Jurisdiction of courts.

LECTURE WISE DETAILS

Lect
ure

Topics to be
covered

Subtopics

References

The Indian
Contract Act,
1872

Definition of a Contract and its

essentials,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

The Indian
Contract Act

Formation of a valid Contract Offer and Acceptance,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

The Indian
Contract Act

Consideration,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

The Indian
Contract Act

Capacity to Contract,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

The Indian
Contract Act

Free consent, Legality of object,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

The Indian
Contract Act

Discharge of a Contract by
performance, Impossibility and
Frustration,
.

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

No.

Page
No.

The Indian
Contract Act

Breach, Damages for breach of a

contract,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

The Indian
Contract Act

Quasi
contracts.

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

Special Contracts

Contract of Indemnity and

Guarantee,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

10

Special Contracts

Contract of Bailment and Pledge,

Contract of Agency

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

11

The Indian
Partnership Act,
1932

Definition of Partnership and its

essentials

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

12

The Indian
Partnership Act,
1932

Rights and Duties of Partners:

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

13

The Indian
Partnership Act
1932

Types of Partners,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

14

The Indian
Partnership Act
1932

Minor as a partner, Doctrine of

Implied Authority,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

15

The Indian
Partnership Act
1932

Registration of Firms, Dissolution

of firms.

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

16

Limited Liability
Partnership Act,
2000

Incorporation by registration,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

17

Limited Liability
Partnership Act
2000

Relationship of members, members

as agents, ex- members, designated
members,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

18

Limited Liability
Partnership Act
2000

Cessation of trade by Limited

liability partnership, Insolvency
and winding up

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

19

The Sale of
Goods Act, 1930

Definition of a Contract of Sale,

BARE ACT

20

The Sale of
Goods Act

Conditions and Warranties,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

21

The Sale of
Goods Act

Passing of Property, Right of

Unpaid Seller
against the Goods,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

22

The Sale of
Goods Act

Remedies for Breach

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

23

The Negotiable
Instrument Act,
1881

Definition and characteristics,

Kinds of negotiable instruments,
Promissory Note, Bill of Exchange
and Cheques,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

24

The Negotiable
Instrument Act,
1881

Holder and Holder in due course,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

25

The Negotiable
Instrument Act,
1881

Negotiation, Presentment,
Discharge from Liability,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

26

The Negotiable
Instrument Act,
1881

Noting and Protest, Presumption,

Crossing of Cheques, Bouncing of
Cheques

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

27

The Companies
Act, 1956

Nature and Definition of a

Company,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

28

The Companies
Act, 1956

Registration and Incorporation,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

29

The Companies
Act, 1956

Memorandum of Association,
Articles of Association, Prospectus,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

30

The Companies
Act, 1956

Kinds of Companies,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

31

The Companies
Act, 1956

Directors: Their powers and duties,

Meetings,

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

32

The Companies
Act, 1956

Winding up.

N.D Kapoor
-MERCENTILE
Laws &
Procedures
(Sultan Chand &
Sons)

33

The Consumer
Protection Act,
1986

Aims and Objects of the Act

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

34

The Consumer
Protection Act,
1986

Redressal Machinery under the Act,

Procedure for complaints under the
Act,

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

35
36
37

The Consumer
Protection Act,
1986
The Information
Technology Act,
2000
The Information
Technology Act,
2000

Remedies, Appeals, Enforcement

of orders and Penalties

BARE ACT

Definition, Digital Signature,

Electronic Governance,

BARE ACT

Attribution, Acknowledgment and

Dispatch of Electronic Records,
Sense Electronic Records and
Sense Digital Signatures
Regulation of Certifying
Authorities, Digital Signature
Certificates,

BARE ACT

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

38

The
Information
Technology Act,
2000

39

Duties of Subscribers, Penalties

The
and Offences.
Information
Technology Act,
2000

Kuchhal M.C. Business Law

(Vikas
Publication, 4 th
Edition)

40

The Right to
Information Act,
2005

Right to know, Salient features of

the Act, obligation of public
Authority, Designation of Public
Information officer,

BARE ACT

41

The Right to
Information Act,
2005
The Right to
Information Act,
2005
The Right to
Information Act,
2005
The Right to
Information Act,
2005

Request for obtaining information,

Duties of a PIO

BARE ACT

Exemption from disclosure of

information, Partial disclosure of
information,
Information commissions, powers
of Information Commissions,

BARE ACT

Appellate Authorities, Penalties,

Jurisdiction of courts

BARE ACT

42
43
44

BARE ACT

REFERENCES
Text Books
1.
2.
3.
4.
5.

Kuchhal M.C. - Business Law (Vikas Publication, 4 th Edition)

Gulshan S.S. - Business Law Including Company Law (Excel Books)
Avtar Singh - Principles of Mercantile Law (Eastern Book Company, 7th Edition).
N.D Kapoor -MERCENTILE Laws & Procedures (Sultan Chand & Sons)
Durga Das Basu- Constitution of India (Prentice Hall of India)

6. Relevant Acts