Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    Weightage

    Uploaded by

    general accounts

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Weightage

    Uploaded by

    general accounts
    5 views2 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views2 pages

    Weightage

    Uploaded by

    general accounts

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    PAPER – 2: BUSINESS LAWS (100 MARKS)

    Objective

    To develop general legal knowledge of the law of Contracts, Sales and


    understanding of various forms of businesses and their functioning to
    regulate business environment and to acquire the ability to address basic
    application-oriented issues.

    Contents Sections Weightage

    1. Indian Regulatory Framework-


    Major Regulatory Bodies such as
    Ministry of Finance, Ministry of I 0%-5%
    Corporate Affairs, SEBI, RBI, IBBI,
    Ministry of Law and Justice etc.
    2. The Indian Contract Act, 1872:
    General nature of contract,
    Consideration, Other essential
    elements of a valid contract,
    Performance of contract, Breach of II 20%-30%
    contract, Contingent and Quasi
    Contract, Contract of Indemnity and
    Guarantee, Contract of Bailment and
    Pledge, Contract of Agency.
    3. The Sale of Goods Act, 1930:
    Formation of the contract of sale,
    Conditions and Warranties, Transfer of III 15%-20%
    ownership and Delivery of goods,
    Unpaid seller and his rights.
    4. The Indian Partnership Act,
    1932: General Nature of Partnership,
    Rights and Duties of partners, IV 15%-20%
    Reconstitution of firms, Registration
    and Dissolution of a firm.
    5. The Limited Liability Partnership
    Act, 2008: Introduction-covering
    nature and scope, Essential features,
    V 5%-10%
    Characteristics of LLP, Incorporation
    and Differences with other forms of
    organizations.
    6. The Companies Act, 2013:
    Essential features of company,
    Corporate veil theory, Classes of
    companies, Types of share capital,
    VI 15%-20%
    Incorporation of company,
    Memorandum of Association, Articles
    of Association, Doctrine of Indoor
    Management.
    7. The Negotiable Instruments Act,
    1881: Meaning of Negotiable
    Instruments, Characteristics,
    Classification of Instruments, VII 10%-15%
    Different provisions relating to
    Negotiation, Presentment of
    Instruments, Rules of Compensation.
    Note: If new legislations are enacted in place of the existing
    legislations, the syllabus would include the corresponding
    provisions of such new legislations with effect from dates
    notified by the Institute.
    The specific inclusions/ exclusions in the various topics covered in
    the syllabus w ill be effected every year by w ay of Study Guidelines,
    if required.

    You might also like