MINUTES

GUIDELINES MEETING
COURSE B.COM (HONS) UGCF (SEMESTER-I)
SUBJECT BUSINESS LAW
PAPER NO. BCH:DSC-1.2

A meeting for the above-mentioned paper was organized by the Department of Commerce, Delhi
School of Economics, University of Delhi in association with Sri Guru Gobind Singh College of
Commerce on 16th November, 2022 at 2:30 p.m. The meeting was attended by the teachers of colleges
teaching this paper and convened by Prof. Dr. Sunaina Kanojia, from the Department of Commerce,
University of Delhi. The respective member teachers discussed the unit-wise course curriculum in
detail and resolved the following unanimously, to be called as final guidelines.

1. To adhere to the following unit-wise guidelines and tentative distribution of lecture periods while
teaching the course.

Unit Particulars Topics to be Covered Lecturer

Allocated
I The Indian Contract ➢ Contract Meaning, Characteristics and 8
Act, 1872 Kinds- Sections 2 (h), 10, other relevant
definitions under Sec 2
➢ Essentials of Valid Contract-
➢ Offer and acceptance- Sections 2(a), 2(b), 3-
9
➢ Consideration- Sections 2(d), 25, Doctrine of
Privity of contract with exceptions
➢ Contractual Capacity- Sections 11, 12
➢ Free consent- Sections 13-22
➢ Legality of object- including Doctrine of
Public Policy- Sections 23,24,57,58
➢ Void agreements- Expressly declared void
agreements. Sections 26-30, 36,56;
Difference between void and illegal
agreements
➢ Quasl contracts- Sections 68-72

II Discharge of Contract • Modes of discharge of contract 16

and Remedies for Including Doctrine of Supervening
Breach Impossibility- Sections 37.38,62,63,56
• Breach and its remedies- Sections 73-75, 65,70
and equitable remedies under Specific Relief
Act
• (Special Performance and Injunction)
III Special Contracts • Contracts of Indemnity and Guarantee- 12
➢ Contract of Indemnity; definition and
essentials, Rights of Indemnity holder, Time
 of commencement of Indemnifier’s
labiality- Sections 124-125
➢ Contract of Guarantee; Definition and
essentials, Distinction between guarantee
and Indemnity Kinds of guarantee, Nature
and extent of surety’s liability, Rights and
Discharge of Surety-Sections 126-147
• Contracts of Bailment and Pledge-
➢ Contract of Bailment: Definition and
essentials Kinds, Rights and duties of bailor
and bailee, Lien and its types- Sections 148-
171, (Termination of bailment not to be
covered)
➢ Contract of Pledge: Definition and
essentials, Difference with bailment, Pledge
by non-owners- Sections 172-181 (Rights
and duties of pawner and pawnee not to
be covered)
• Contract of Agency- Definition, essentials,
Principal agent relationship, Creation of
agency, Extent of agent’s authority,
Delegation of authority: sub-agent and
substituted agent, Liability of principal,
Personal liability of agent towards third
party-Sections 182-238, Termination of
contract of agency- Revocable and
irrevocable (Difference between agent and
servant, Rights and duties of agent; and
Kinds of agent not to be covered)
IV Sale of Goods Act, • Contract of sale-meaning and difference 16
between sale and agreement to sell: also cover
kinds of goods, perishing of goods,
Ascertainment of Price, Stipulation as to time-
Sections 4-11. (Difference of sale with hire
purchase, contact of service and bailment not
to be covered)
• Conditions and warranties: including implied
conditions and warranties, Doctrine of Caveat
emptor and its exception Sections 12-17
• Transfer of ownership in goods including sale
by non-owners:
➢ Transfer of ownership in specific or
ascertained goods, and in unascertained
and future goods- Sections 18-26
➢ Maxim ‘Nemodat Quod Non-Habet’ with
exceptions –Sections 27-30, 54
• Performance of contract of sale: Delivery,
Modes of delivery, Rules relating to Delivery
and Acceptance of goods by buyer- Sections
31-44
 • Unpaid seller- meaning and rights of unpaid
seller against the goods- Sections 45-54

V The Limited Liability • Salient feature of LLP: Definition and salient 8

Partnership Act, 2008 features of LLP, Sections 2(1)(n), 3.
• Small LLP Section 2 (1) (ta)
• Difference between LLP and Partnership, LLP,
and Company
• LLP Agreement
• Nature of LLP, Partners and Designated
Partners: Sections 3-10
• Incorporation Document- and its contents-
Section 11
• Incorporation by Registration- process of
registration and effects of registration-
Sections 12, 14
• Registered office of LLP and change therein:
Section 13
• Change of name- Name of LLP and changes
therein- Sections 15-21 (Amendments to be
introduced )
• Partners and their relations- Sections 22-25
• Extent and limitation of liability of LLP and
partners: Sections 26-30
• Whistle blowing: Sections 31
• Conversation into LLP- Sections 55-58

NOTE: Also refer to relevant Rules given in LLP Act wherever applicable.

2. The following division of marks for different units was unanimously accepted:

Unit Marks allocated

Unit I
The Indian Contract Act, 1872
Unit II 37.5
Discharge of Contract and Remedies for Breach
Unit III
The Special Contracts
Unit IV 15
The Sale of Goods Act, 1930
Unit V 22.5
The Limited Liability Partnership Act, 2008
Total 75

3. The framework of question paper of business law was resolved as under:

Question No. 1 Unit I The Indian Contract Act, 1872 15 marks

 Question No. 2 Unit II Discharge of Contract and Remedies for 7.5+7.5 marks
Breach and
Unit III The Special Contracts
Question No. 3 Unit IV The Sale of Goods Act, 1930 15 marks
Question No. 4 Unit V The Limited Liability Partnership Act, 2008 15 marks
Question No. 5 Unit V The Limited Liability Partnership Act, 2008 7.5+7.5 marks
and
Unit III The Special Contracts

OR

Question No. 1 Unit I The Indian Contract Act, 1872 15 marks

Question No. 2 Unit III The Special Contracts 15 marks

Question No. 3 Unit IV The Sale of Goods Act, 1930 15 marks

Question No. 4 Unit V The Limited Liability Partnership Act, 2008 15 marks
Question No. 5 Unit II Discharge of Contract and Remedies for 7.5+7.5 marks
Breach and
Unit V The Limited Liability Partnership Act, 2008

It was decided that faculty shall ensure that all practical exercises as mentioned in the syllabus will
be covered.

It was decided that each question will have internal choice from the same unit, the Question paper
should have analytical questions and case law based problems must be covered from Indian Contract
Act and Sale of Goods Act and other practical problems and real life examples must be discussed in
the class.

It was reiterated to adhere to the guidelines in letter and spirit I setting up question paper in order
to have uniformity and consistency in teaching learning process.

The meeting was attended by the following faculty members from different colleges of University of
Delhi.

S. NO. Name of the Faculty Name of the College/Department

1 PROF. DR. SUNAINA KANOJIA DEPARTMENT OF COMMERCE, DSE

DR, SATVINDER KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
2 (CONVENOR)
3 AAKRITI SAINI SRI AUROBINDO COLLEGE ( M)
4 ABHA RANI INDRAPRASTHA COLLEGE FOR WOMEN
5 AMIR SHAMIM SATYAWATI COLLEGE EVENING
6 AMIT KUMAR PASWAN HINDU COLLEGE UNIVERSITY OF DELHI
 7 ANJALI DARYAL SATYAWATI COLLEGE (MORNING)
8 ANOOP KUMAR SWAMI SHRADDHANAND COLLEGE
9 ANU PRIYA ARORA ATMA RAM SANATAN DHARMA COLLEGE
10 ANUBHA GODARA DAULAT RAM COLLEGE
11 ASHMEET KAUR SRI GURU NANAK DEV KHALSA COLLEGE
ATMA RAM SANATAN DHARMA COLLEGE, UNIVERSITY
12 BALJEET KAUR OF DELHI
13 CHANDER GOPAL RAMJAS COLLEGE
14 CS RAKESH CHAWLA SWAMI SHRADDHANAND COLLEGE
15 DR ABDUL WAHID FAROOQI ZAKIR HUSAIN DELHI COLLEGE
SATYAWATI COLLEGE (EVENING), UNIVERSITY OF
16 DR. AKANKSHA KHURANA DELHI
17 DR. ALKA HARNEJA LAKSHMIBAI COLLEGE
18 DR. ANITA GOEL LAKSHMIBAI COLLEGE
19 DR. ANJALI BHATNAGAR SRI AUROBINDO COLLEGE
20 DR. ANU JAIN ADITI MAHAVIDYALAYA
21 DR. DHANIRAM RAMJES COLLEGE
DR. GHANSHYAM CHAND
22 YADAV SHAHEED BHAGAT SINGH COLLEGE (EVENING )
23 DR. GUNJAN KHANNA LAKSHMIBAI COLLEGE
24 DR. GURVINDER KAUR MATA SUNDRI COLLEGE FOR WOMEN
25 DR. HARSHDEEP KAUR S.G.T.B KHALSA COLLEGE
26 DR. ISHPREET VIRDI MATA SUNDRI COLLEGE FOR WOMEN
DR. KAPOOR SINGH
27 JORASIA SWAMI SHRADDHANAND COLLEGE
28 DR. KARISHMA SARASWAT P.G.D.A.V. COLLEGE (EVENING)
29 DR. MADHU AGGARWAL LAKSHMIBAI COLLEGE
30 DR. MADHU SEHRAWAT DYAL SINGH COLLEGE (M)
DR. MANJOT KAUR
31 BOPARAI MATA SUNDRI COLLEGE FOR WOMEN
32 DR. MANJU DUBRAN SATYAWATI COLLEGE (MORNING)
33 DR. NEHA GUPTA SATYAWATI COLLEGE EVENING
34 DR. NIDHI SHARMA KIRORI MAL COLLEGE
35 DR. RAJNI JAGOTA PGDAV COLLEGE
36 DR. RASHMI GOEL DEEN DAYAL UPADHYAYA COLLEGE
37 DR. RATI DHILLON LAKSHMIBAI COLLEGE
DEEN DAYAL UPADHYAYA COLLEGE, UNIVERSITY OF
38 DR. RENU AGGARWAL DELHI
DR. SANDEEP KUMAR
39 GOEL ACHARYA NARENDRA DEV COLLEGE
40 DR. SARABPREET KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
41 DR. SHAFAQ ZAREEN VIVEKANANDA COLLEGE
42 DR. SHIKHA GUPTA KAMALA NEHRU COLLEGE
43 DR. SHUCHI PAHUJA PGDAV COLLEGE
44 DR. SONIA THAKKAR VIJ DYAL SINGH COLLEGE
45 DR. VENUGOPALAN T SGTB KHALSA COLLEGE, UNIVERSITY OF DELHI
46 GITU NIJHAWAN P.G.D.A.V. COLLEGE
47 HASGUN KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
48 KARISHMA ARORA MAITREYI
49 KINNERI JAIN SHRI RAM COLLEGE OF COMMERCE
50 KRISHAN KUMAR SRI AUROBINDO COLLEGE (M)
51 LAXMI VIVEKANANDA COLLEGE
52 LEELA JOSHI SHAHEED BHAGAT SINGH COLLEGE
53 LOVELY ADITI MAHAVIDYALAYA
54 MAHESH KUMAR MOTILAL NEHRU COLLEGE
55 MANISH KUMAR DUBEY SRI VENKATESWARA COLLEGE
56 MANJU TANWAR SHAHEED BHAGAT SINGH COLLEGE (M)
57 MANPREET KAUR MATA SUNDRI COLLEGE FOR WOMEN
58 MANSI KANOJIA DAULAT RAM COLLEGE
59 MINNY NARANG SRI AUROBINDO COLLEGE, UNIVERSITY OF DELHI
60 NANCY RAO DSEC
61 NEELU VERMA JANKI DEVI MEMORIAL COLLEGE
62 NEHA KAUR CHHABRA SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
63 NIKITA KUHAR DAYAL SINGH COLLEGE
64 NISHA SATYAWATI COLLEGE (EVENING)
65 NISHANT SHARMA MOTILAL NEHRU COLLEGE (EVENING)
66 NITIKA AGGARWAL RAMJAS COLLEGE, UNIVERSITY OF DELHI
67 POOJA KANSAL LAXMI BAI COLLEGE
68 POONAM KHANNA MOTILAL NEHRU COLLEGE (EVENING)
69 PREETI RAJDHANI COLLEGE,UNIVERSITY OF DELHI
PROF. AKHILESH KR
70 MISHRA SRI AUROBINDO COLLEGE EVE
71 RAJINDER SINGH RAM LAL ANAND COLLEGE, DU
72 RAMAN ARORA DAULAT RAM COLLEGE, DELHI UNIVERSITY
73 RAMANBIR BINDRA GARGI COLLEGE
74 RITESH BANSAL SHIVAJI COLLEGE
 75 RITIKA GUPTA SATYAWATI COLLEGE [EVE]
76 RITU RANI SHIVAJI COLLEGE, DELHI UNIVERSITY
77 ROOPSHIKHA DAULAT RAM COLLEGE
78 SADHNA GUPTA ACHARYA NARENDRA DEV COLLEGE
79 SHIKHA GARG VIVEKANANDA COLLEGE
80 SUSHMA AGGARWAL VIVEKANANDA COLLEGE, VIVEK VIHAR, DELHI
81 TRIPTI GOEL DAULAT RAM COLLEGE
DR.BHIM RAO AMBEDKAR COLLEGE,UNIVERSITY OF
82 UPENDRA KUMAR DELHI
83 VARTIKA KHANDELWAL SHRI RAM COLLEGE OF COMMERCE
84 VIKAS KUMAR JOSHIYA SRI AUROBINDO COLLEGE EVENING
85 VIKRAM SHAHEED BHAGAT SINGH EVENING COLLEGE
86 VRINDA KAPUR JANKI DEVI MEMORIAL COLLEGE

All the faculty members participated actively in the deliberation and gave their constructive
suggestions. The meeting ended with a vote of thanks by the convener of the meeting Dr. Satvinder
Kaur.