Course Outline

Subject Name : Legal Aspects of Business

Course Code : ESGM 1003
Instructor : Dr. Anirban Mazumder
Academic Year : 2017 - 2018
Trimester : III
Duration : January 2 - March 18, 2018
Sessions : 20 Sessions of 1.5 hrs
Credit Points :3

1. Course Description and Objectives

To acquaint and equip participants with basic knowledge of business and corporate
laws.
At the end of the course, the students should be able to:
 Know as to what constitutes a contract?
 Distinguish between a contract and a bare pact/agreement
 Know the essential requirements of a valid contract
 Learn the consequences of making a void agreement vs. illegal agreement
 Know the difference between offer and invitation to offer; cross and counter offer;
specific and general offer
 Know the remedies available in case of breach of contract
 Learn about resolution of disputes through Arbitration and Conciliation
 Know the difference between indemnity and guarantee
 Learn the rule of caveat emptor
 Know the difference between condition, warranty and guarantee
 Know about promissory notes, bills of exchange and cheque
 Learn various kinds of crossings and their effect
 Know as to what constitutes ‘bouncing of cheques’ and consequences thereof
 Know the meaning of company and various types of companies that may be formed
 Learn formation of company
 Management and administration of a company
 Know the meanings of ‘defective goods’ and deficiency of service and the remedies
available to a consumer
 Know about restrictive , unfair and anti-competitive trade practices

2. Pedagogy
Besides lectures, the pedagogy involves study of decided case laws and practical
situations with a view to put across the application of business legislations in the real
life situations.

1
 Course Outline

3. Readings
Textbook – Legal Aspects of Business, Daniel Albuquerque, Oxford
Publication

4. Evaluation (Overall in terms of percentage and details in terms of numbers)

Mid Term Examination : 40

End Term Examination : 50
Quiz : 10

5. Attendance Policy
100% attendance is compulsory for the course. For details of attendance related to
eligibility for examinations and grades, refer to handbook of information for students.

6. Contact Details of Instructor: Dr. Anirban Mazumder, NUJS Kolkata, 9831013626

7. Detailed Session Plan

Session
Topic(s)
No.
1 Introduction to Law

2 Contract Law

3- 6 Special Contracts

7 Sale of Goods Act

8 - 11 Negotiable Instruments Act

12 - 13 Partnership Act

14 - 15 Copyright Act

16 - 17 Patent Act

18 Information Technology Law

19 - 20 Company Law