Business Law SYBCOM – II Semester IV Manan Prakashan

Content:
1. Indian Companies Act – 2013 Part – I (12 Lec.)
l Company – Concept, Features, Role of Promoters (S. 2(69) S. 92), Duties and liabilities of the Promoter Effects of Pre-Incorporation contracts, Consequences of non-registration, and Lifting of Corporate Veil.
l Classification of Companies Distinction between Private Company and Public Company, Advantages and disadvantages of Private Company and Public Company. –Common Procedure for Incorporation of Company.
l Memorandum of Association (MOA) & Article of Association (AOA) – Concept, Clauses of MOA, AOA- Contents, Doctrine of constructive notice, Doctrine of Ultra Vires, Doctrine of Indoor Management.
l Prospectus – Concept, Kinds, Contents, Private Placement

2. Indian Companies Act – 2013, Part-II (12 Lec.)
l Member of a Company –Concept, Who can become a member, Modes of acquiring membership, Cessation of membership, Right & Liabilities of Members.
l Director – Qualifications & Disqualification, Classification, Director Identification Number (DIN), Legal Position of Directors.
l Meetings – Types, Legal Provisions of Statutory Meeting, Annual General Meeting, Extra-Ordinary Meeting, Board Meeting.

3. Indian Partnership Act – 1932 (12 Lec.)
l Partnership – Concept, Essentials, True Test of Partnership, Partnership Deed, Types of Partnership, Rights and Duties of Partners, Distinguish between Partnership & Hindu Undivided Family (HUF).
l Dissolution – Concept, Modes of Dissolution, Consequences of Dissolution.
l Limited Liability Partnership (LLP) 2008 – Concept, Characteristics, Advantages & Disadvantages, Procedure for Incorporation.
l Extent of L.L.P. – Conversion of LLP, Mutual rights & duties of partners, Winding up of LLP, Distinction between LLP and Partnership.

4. Consumer Protection Act, 1986 & Competition Act 2002  (12 Lec.)
l Consumer Protection Act – Concept, Objects, Reasons for enacting the Consumer Protection Act, Definition of Consumer, Consumer Dispute, Complaint, Complainant, Defect, Deficiency, Consumer Dispute, Unfair Trade Practices, Goods and Services.
l Consumer Protection Councils & Redressal Agencies – District, State & National.
l Competition Act 2002 – Concept, Salient Features, Objectives & Advantages.
l Abuse of Dominant Position, Competition Commission of India, Anti-Competition Agreements.

5. Intellectual Property Rights (12 Lec.)
l Intellectual Property Right (IPR) – Concept, Nature, Introduction & Background of IPR in India.
l IPR relating to Patents – Concepts of Invention and discovery, Comparison (S2 (j)), Concept of Patents, General principles applicable to working of patented inventions, Term of Patent. Infringement of Patent Rights & Remedies. (Ss. 104-115).
l IPR relating to Copyrights – Concept of Copyright (Ss. 14, 16, 54,) Concept of the author and authorized acts, (S.2) Ownership of Copy right (S.17) Duration or term of Copyright. (S. 22-27), Original work and fair use, Rights of Copyright holder, Infringement of Copyrights & Remedies. (Ss. 51, 52)
l IPR relating to Trademarks –Concept, Functions of Trade Mark, types, trademarks that cannot be registered, Registration of Trade Marks, and rights of the proprietor of Trade Marks. Procedure for registration of Trade Marks., Infringement of Trademarks & Remedies.