Course Plan 2011-2012 II semester: Business Law

Sessi on 1 2 3 4 Topic Mode Remarks

Introduction : Meaning& Definition& Nature of Lecture Law of contract Lecture Essential elements of contract Classification of contract Offer and Acceptance: Communication of offer, Acceptance and Revocation, Revocation or lapse of offer Consideration: stranger to contract, a contract without consideration Capacity to contract: status of minor, persons of unsound mind, free consent Coercion, undue influence , misrepresentation and fraud Legality of object, void agreements Performance of contract Discharge of contract Remedies of breach of contract Quasi- contracts
BUFFER SESSION Lecture Law of partnership: Essential characteristics, Registration of firms Rights of a partner, Duties of a partner, Types of Lecture/ Case analysis Partners, Reconstitution of a firm Lecture Dissolution of firm Sale of goods: Essentials of contract of sale, sale &agreement to sell, subject matter of contract of sale, Conditions & Warranties, Cavet emptor Law of Insurance: Nature, fundamental elements Reinsurance& Double insurance, Life insurance Fire insurance, Marine Insurance Assessment Test I Lecture Self report/ Assignment Lecture Lecture/Activity Lecture Lecture/Activity Lecture/Case analysis

5 6 7 8 ---9 10 11 ---12 13 14 15 ----16 17 18 19 20

Lecture Lecture Lecture/Case analysis Lecture/Discussion Self report /Assignment Lecture/Activity Lecture Lecture/Self report/assignment

Completion of Unit I

Completion of unit II

21 22

Negotiable instruments: Characteristic of a Lecture negotiable instrument, Types of negotiable instrument Lecture Promissory note , Bills of exchange Case analysis/activity Cheque, Indorsement

23 24 25 26 --27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45

Contract of agency: Definition, essentials, creation of agency Agency by ratification, classification of agency Rights & Duties of agents, Liabilities Termination of agency BUFFER SESSION Company Law: Nature, kinds. Formation of company Memorandum, Articles of association Prospectus, membership. Shares, Debentures Prospectus, membership. Shares, Debentures Management& Administration: Appointment of directors, position, disqualification Remuneration of directors, Powers, Duties, Liabilities Assessment Test II Company administration: Meetings & Proceedings Accounts &Audit Accounts &Audit Prevention of Oppression and Mismanagement Prevention of Oppression and Mismanagement Reconstruction Winding up: Modes of winding up, By the court Procedure of winding up by the court. Voluntary winding up, winding up subject to the supervision of court BUFFER SESSION COMPREHENSIVE EXAMINATION FEED BACK

Lecture Presentation I Lecture Lecture Lecture Lecture Lecture/ Case analysis Group Presentation Group Presentation Lecture Case Analysis Lecture Presentation II Presentation II Case analysis Case analysis Lecture Lecture Lecture Lecture Completion of unit IV

Completion of unit III

Completion of unit V

Internal Assessment Components (40 Marks) Examination Based( 20 Marks) Assessment I- 5 Assessment II- 5 Comprehensive Exam- 10 Analytical Based(5 Marks) Assignment I- 2.5 Assignment II- 2.5 Development Based( 15 Marks) Presentation I- 5 Presentation II- 5 Internal activity/ Critical Appraisal- 5