Course Outcomes (COS):
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· Bailment: meaning, valid essentials, modes of delivery of goods, classification of bailment, duties and rights of bailor and bailee, finder of goods lost, termination of bailment.
· Pledge: meaning, essentials, difference between bailment and pledge.
Agency: meaning, essentials, creation and termination of agency, duties and rights of agent and principal, sub-agent, substituted agent, & Co-agent (Meaning) , irrevocable agency.
· Meaning, essentials, difference between sale and agreement to sell,
· Classification of goods,Condition& warranty: Meaning, difference, types,
· Doctrine of caveat emptor.
· Transfer of property in goods: Rules, transfer of ownership by non- owners.
· Performance of contract: Meaning, rules relating to delivery of goods, duties and rights of buyer.
· Unpaid seller: Meaning, rights-against the goods and against the buyer.
Remedies for breach of contract: Buyer’s remedy and auction sale.
· Definition of partnership, essentials, difference between partnership and Joint Stock Company.,Formation and registration: Procedure of Registration,effects of non- registration, exceptions: rights not affected by non-registration. Types of partnership, types of partners, minor as partner in benefits.
· Relations of partners: Rights and duties of partners, relations of partners to third parties
· Dissolution of firm: Difference between dissolution of partnership and firm, modes of dissolution offirm,
Objectives, important terms,Rights of consumer. Consumer protection councils,
Dispute Redressal agencies: District forum,State commission, Central commission
· Objective, definitions: Right to Information,
· Public authority, Information, Record, Public Information Officer.
· Obligations of public authority,
· Provisions relating to PIO, duties of PIO,
· Provision for obtaining information,
· Provision relating to exemption from disclosure of information.
· Information Commissions and their powers.
· Appellate authorities
· Aggarawal, Rohini, Student’s guide to Mercantile & Commercial Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi.
· Kapoor, N. D., Elements of Mercantile Law, Sultan Chand & Sons, NewDelhi
· Tulsian, P. C., Business Law, Tata McGraw-Hill Publishing Company, New Delhi.
· Nolakha, R. L., Business Laws, Ramesh Book Depot,Jaipur
SUGGESTED READINGS:
· Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., NewDelhi
· Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., NewDelhi
· Sharma, Arya, Gupta, Jain, Business Laws, Ajmera Book Company, Jaipur
· Gulshan, S. S., Business Law, Excel Books, NewDelhi
e- RESOURCES:
· Pillai RSN, Bhagavathi, Business Laws, S. Chand publishing https://www.google.co.in/books/edition/_/kCwrDAAAQBAJ?hl=en&gbpv=1
· Ryder,Griffiths,Singh, Commercial Law: Principles & Policy, Cambridge University Press https://www.google.co.in/books/edition/_/kCwrDAAAQBAJ?hl=en&gbpv=1
· Study Material of ICSI on Economic, Business & Commercial laws https://www.icsi.edu/media/webmodules/Economic%20Business%20and%20Commercial%20Laws.pdf
JOURNALS
· Prabandhan
· The Indian Journal of Commerce
· IUP Journal of Coprporate Governance