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Legal Environment of Business annamalai university

L E G A L E N V IRO N M E N T O F BUSINESS.
U n it– I
L aw o f C o n t ra ct : M ea n in g – A greem en t an d C on tract – E ssen tials of C on tract –
Void , Void ab le an d Valid C on tracts – O ffer, A ccep tan ce, C on sid eration , Free
con sen t, C ap acity, L egality of O b jects, con t in gen t C on tract, Q u asi-con tracts,
P erform an ce of C on tract – D isch arge of C on tract - R em ed ies for B reach of C on tract
U n it– II
L aw of P artn ersh ip : In trod u ction – Form ation – K in d s of P artn ers – A u th orities,
R igh ts an d L iab ility of P artn ers – D issolu tion of F irm - N egotiab le In stru m en ts A ct:
k in d s of N egotiab le In stru m en ts – P arties’ to N egotiab le In stru m en t – N egotiation ,
P resen tm en t for P aym en t – D ish on ou r, d isch arge of N egotiab le In stru m en t - L im ited
L iab ility P artn ersh ip A ct 2 0 0 8 .
U n it– III
S ales of G ood s A ct : S ale an d A greem en t to sell - C on d ition an d W arran tee,
T ran sfer of O w n ersh ip – P erform an ce of C on tract of S ale R em ed ies for B reach of
C on tract – S ale b y A u ction – Valu e A d d ed T ax – G ood s an d S ervices T ax.
L aw s of C arriage of G ood s: C arriage b y lan d , se a an d air. L aw of In su ran ce –
G en eral p rin cip les of In su ran ce – L ife, Fire an d M arin e In su ran ce.
U n it– IV
L aw of A gen cy: D efin ition , K in d s of A gen ts – A gen ts’ A u th ority – R igh ts of
A gen ts, R igh ts an d D u ties of P rin cip al, L iab ilities of P rin cip al – T erm in ation of
B ailm en t – P aw n ee –R igh ts an d D u ties.
L aw of A rb itration : M ean in g, A rb itration A greem en t – E ffect of A greem en t –
A rb itrator – reason s an d m od es of A rb itration – A p p oin tm en t of A rb itrator –
R em u n eration – R em oval of A rb itrator.
U n it– V
C om p an ies A ct: In trod u ction , K in d s of C om p an ies, Form ation of C om p an ies –
M em oran d u m of A ssociation – A rticles of A ssociation – P rosp ectu s – M isstatem en t
in P rosp ects – H igh ligh ts of N ew C om p an ies A ct 2 0 1 3 – P rovision for in vestor
P rotection – C orp orate G overn an ce an d C S R – O n e P erson C om p an y – A u d it an d
A u d itor’s E - votin g.
S h ares: K in d s of S h ares – K in d s of D eb en tu res – S h areh old ers’ R igh ts- P u b lic
D ep osits.
D irectors: T h eir A p p oin tm en t, P ow ers an d D u ties.
M eetin gs an d R esolu tion : A n n u al A ccou n ts an d A p p oin tm en t of A u d i tors,
A u d itors’ R igh ts an d L iab ilities – W in d in g-u p – M od es of W in d in g u p .
U n it– V I
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FE M A A ct 1 9 9 9 – IT A ct 2 0 0 0 - E ssen tial C om m od ities A ct 1 9 9 5 – S ecu rities
C on tract A ct 1 9 5 6 – C on su m er P rotection A ct, 1 9 8 6 – C om p etition L aw .