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LAB Course Outline

This document outlines the course details for the Legal Aspects of Business course offered at SIES College of Management Studies. The course is offered in the first trimester of the PGDM 2019-2021 program. It aims to help students develop an understanding of India's legal framework for business, learn how to properly draft contracts and understand company law provisions. The course will be assessed through quizzes, assignments, class participation and an end-term exam. Students are expected to complete readings before each session and participate actively in discussions. The course will cover topics like contract law, sale of goods act, company law, negotiable instruments and IT laws through lectures, tutorials and class exercises over 30 sessions.

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58 views

LAB Course Outline

This document outlines the course details for the Legal Aspects of Business course offered at SIES College of Management Studies. The course is offered in the first trimester of the PGDM 2019-2021 program. It aims to help students develop an understanding of India's legal framework for business, learn how to properly draft contracts and understand company law provisions. The course will be assessed through quizzes, assignments, class participation and an end-term exam. Students are expected to complete readings before each session and participate actively in discussions. The course will cover topics like contract law, sale of goods act, company law, negotiable instruments and IT laws through lectures, tutorials and class exercises over 30 sessions.

Uploaded by

prasanna narasimhan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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SIES College of Management Studies

PGDM: 2019 – 21 Trimester - 1

Course Name: Legal Aspects of Business Course Code: PGDM

Instructor Prof R V Kadam Credit 3 Teaching Hours: 30


[email protected] Tutorial hours: -

Course Objective
a) On completion of the course students will develop an understanding of legal framework of
Business.
b) Students will be able to appreciate the correctness of legal documents like different types of
business contracts , Sale Contracts , insurance contracts. etc.
c) Students will get the knowledge of the procedure of Forming Companies, role of Directors &
their legal responsibilities
d) Students will get insight into legality of E Business & Cyber Crimes.
Course Outcomes (COs)

CO1: To understand the basics of Business Laws & its influence on business.
CO2: To be able to apply the knowledge gained in entering into valid contracts.
CO3: To understand the importance of negotiable instruments & their use in business .
CO4: To gain the knowledge of new Company Law 2013 & its important provisions.

CO5: To understand the importance of new Information Technology Act,2000 & Cyber Laws.

Main Text Books

 Elements of Business Laws – By N D Kapoor


 Business Laws – One Should Know – By Nabhi , Jain Book Agency

Other Readings:
 Notes & videos shared with the studentsAccounting: Text & Cases – Anthony & Reece, TMH, New
Delhi
 Times of India – page of Business Times.

Session Plan, SIESCOMS (PGDM 2019-21) Page 1


Assessment Criteria: (Please note: Should be based on a mix of lectures, classroom discussions, peer
learning, case studies, simulations, project work, group studies etc.

Criteria Marks / Weightage Percentage Date /Week #


Quizzes 10 10 At the end of every session
Team Assignment 10 10 3rd week of January

Individual Assignment 20 20 Last week of January


Attendance&Class participation 10 10
End Term Exam 50 50 End of Trimester
Total 100

Quizzes: At the end of every session there will be a quiz based on day’s presentation. Duration of quiz
will be of 10 minutes and the total evaluation will include this quiz marks as well.

Individual assignment: Students will be given individuals assignments with a deadline for submission.
Evaluation will be based on the examples and case laws explained in the assignment.

Class participation: 100% Participation in the class is important without which the course is incomplete.
Students with low attendance will loose grade as per the rule and may not be able to sit for the final
exams.

Expectations from the students

 Read assigned chapters/articles/cases before the session


 Major focus shall be on reading the shared material & watching suggested videos .
 Healthy discussions from students in the class will be encouraged.
 Research Papers: The students will be expected to go through articles in news papers & journals.
References shall be given from time to time.
 Case study: The students will be expected to go through articles in news papers & journals.
References shall be given from time to time.
 Keep a track of deadlines

Pedagogy
Lectures, Tutorials, Class discussions, Group Assignment: Role play, Individual Assignment: Class
Exercises etc.

Plagiarism

Session Plan, SIESCOMS (PGDM 2019-21) Page 2


Plagiarism as per UGC / AICTE regulations are instructional offences. It refers to “use and pass off as one’s
own idea or product work of another without expressly giving credit to another”. Borrowing someone
else’s answers, unauthorized possession of tests or answers to tests, or possession of material designed
to help answer exam questions, are also subject to instructional offences.

Schedule/ Weekly Plan

Classes Topics Covered Chapter / Case Learning


Study /Articles / Outcomes/
Exercises Skills
1-3 Unit 1: Introduction to Business Laws We the People- By
 Sources of Laws Nani Palkhiwala CO 1
 Constitution of India – Fundamental Rights & Golaknath Case
Divsion of Power between Centre & State Keshavanand Bharti’s
Case
 Importance of Business Laws
 Judiciary in India

4-10 Unit 2: Law of Contract Contract Law-


 Difference between Agreement & Contract Chapter- 7 CO 2
Relevant cases &
 Essentials of Valid Contract
illustrations
 Valid Offer & Acceptance of Offer
 Lawful Consideration
 Capacity to Contract
 Free Consent & Void Contracts
 Discharge of Contract
 Remedies for Breach of Contract
 Special Contracts
11-16 Unit 3: Law of Sale of Goods Sale of Goods
 Contract of Sale Chapter-18 CO 2
 Goods & their Classification Relevant cases &
illustrations
 Meaning of Price
 Conditions & Warranties
 Passing of Property in Goods
 Performance of Contract of Sale
 Rights of Unpaid Seller

Session Plan, SIESCOMS (PGDM 2019-21) Page 3


17-20 Unit 4: Company Law Company Law
 Formation of Company Chapter-4 CO 4
 Characteristics of Company
 Lifting of Corporate Veil Relevant cases &
 Memorandum of Association- Doctrine of Ultra illustrations
Vires
 Articles of Association – Doctrine of Indoor Mgt.
 Meetings
 Winding up of Company
21-25 Unit 5: Law of Negotiable Instruments Negotiable
 Negotiable Instruments Instruments CO 3
 Promissory Note Chapter-15
 Bills of Exchange Relevant cases &
 Cheques illustrations
 Dishonour of Cheque & its consequences

25-30 Unit 6: Information Technology Act,2000 Information


 Objects & Application Technology CO 5
 Digital Signature Chapter-11
 Electronic Signature Relevant cases &
 Validity of E Contracts illustrations
 Certifying Authorities
 Duties of Subscribers
 Cyber Trbunals & Cyber Appelate Tribunals
 Offence & Punishments

Faculty’s Signature Director’s Signature

Session Plan, SIESCOMS (PGDM 2019-21) Page 4

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