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DR IT GROUP MBA-3rd Sem Corporate Legal Environment MBA-3!

"# A$$ignment S%eet


E&ternal mar'$-(! Mar'$ Internal mar'$ -)! Mar'$
O*+e,tive$ o- S.*+e,tThe objective of this paper is to acquaint the students with the corporate legal framework prevalent in the country. Unit I La/ o- Contra,t: Definition, offer and Acceptance, onsideration, apacity of parties, !ree onsent, "egality of #bject, $erformance and Discharge of ontract and %emedies for &reach of ontract. 'ntroduction to the concept of agent and different types of mercantile agents &ailment and $ledge, 'ndemnity and (uarantee Unit II Sale o- Good$ A,t: )eaning, !ormation of contract, )eaning of condition and warranties. Difference between Transfer of $roperty and $ossession, %ight of an *npaid +eller 0egotia*le In$tr.ment: &ills of ,-change, $romissory .ote, heque and %ules %egarding the rossing of heques. Dishonour of cheques and liability of banker and drawer. La/ o- In$.ran,e: !undamentals ,lements of 'nsurance, &asic features of law relating to carriers /Air, %oad, %ail and +hipping0 Unit III Compan1 La/ 'ncorporation of companies )emorandum of Association and Articles of Association )embership of a company $rospectus, 'ssue of capital, "oans, investments, deposits and charges, )eetings, Accounts and Auditors, Amalgamation, reconstructions, arrangements and compromises $rovision with respect to appointment and removal of Director, )eeting, 1inding up by court Unit I2 Ta&ation3 onstitutional framework of ta-ation. Direct and indirect ta-es, &asic features of entral e-cise, ustoms, entral, state sales ta- and 2AT.

Se$$ion$ Topi,$ 389 La/ o- Contra,t: Definition, offer and Acceptance, :8; onsideration, apacity of parties, <8= !ree onsent, "egality of #bject, > $erformance and Discharge of ontract %emedies for &reach of ontract. 3? 33 3683: 3; 3<83= 3>86? 63 6686: 6; 6<86> 9?896 96 9989: 9;89@ 9= 9>8:3 :6 :98:< :@ :=8;? ;38;: ;;8;@ 'ntroduction to the concept of agent and different types of mercantile agents &ailment and $ledge, 'ndemnity and (uarantee Sale o- Good$ A,t: )eaning, !ormation of contract, )eaning of condition and warranties. Difference between Transfer of $roperty and $ossession, %ight of an *npaid +eller 0egotia*le In$tr.ment: &ills of ,-change, $romissory .ote, heque and %ules %egarding the rossing of heques. Dishonour of cheques and liability of banker and drawer. La/ o- In$.ran,e: !undamentals ,lements of 'nsurance, &asic features of law relating to carriers Air, %oad, %ail and +hipping0 Compan1 La/ 'ncorporation of companies )emorandum of Association and Articles of Association )embership of a company $rospectus, 'ssue of capital, "oans, investments, deposits and charges, )eetings, Accounts and Auditors, Amalgamation, reconstructions, arrangements and compromises $rovision with respect to appointment and removal of Director, )eeting, 1inding up by court Ta&ation3 onstitutional framework of ta-ation. Direct and indirect ta-es, &asic features of entral e-cise, ustoms, entral, state sales ta2AT.

T&38 T&38 T&38 T&38

Te&t Boo' 583 586 589, T&38 58:, 58;8<

T&38 5833836 T&38 583: T&38 583: T&38 583/law of sale of goods0 T&38 58386, T&38 589, T&38 586, T&38 58; / law of .egotiable 'nstrument0 T&8 583, T&38 586 T&38 5898:, T&38 58@ /"aw of 'nsurance0 T&38 58 3, T&38 586 /"aw of carriage0 T&38 58389 / ompany law:0 T&38 586 T&38 586 T&38 58: T&38 58:8; T&38 58:8; T&38 5863 5and notes 5and notes 5and notes 5and notes 5and notes 5and notes

Re,ommended Te&t Boo'$ S40o A.t%or Title P.*li$%er Te-t book 3 ) 4uchchal &usiness "aw 2ikas $ublication 5ouse, Te-t book 6 . D 4apoor ,lement of )ercantile "aw +ultan hand 7 +ons S.gge$ted Reading$ 2.4 +inghania +tudent (uide To Ta-ation Ta-mann Ca$e St.die$ 3. %ose 7 !rank o. vs. rompton 7 &rother "td. 6. arlill vs. arbolic +moke &all o

9. Durga $rasad vs &aldeo :. 4edar .ath vs. (orie )ohammad ;. %ananayakamma vs. Alvar +ettison <. hinnamma vs. Devenga +angha @. .icohol 7 2enn vs. +mith )arriott =. )oore vs. +inger )anufacturing o. >. +.+ )endse vs. &alkrishna hettiar 3?. +nail 'n (inger &eer ase Internal A$$e$$ment )id8+emester Test 3< )arks lass $articipation : )arks Attendance : )arks 1ritten Assignments = )arks $resentations = )arks 88888888888 T#TA" )A%4+ :? Date$ -or $.*mi$$ion o- /ritten A$$ignment$33st Assignment/A3; concepts0 6<T5 A*( 6?39 nd 6 Assignment /A3; oncepts0 3<T5 +,$T6?39 9rd Assignment /A3; oncepts0 @T5 # T6?39 th : Assignment /A3; oncepts0 6;T5 # T6?39 ;th Assignment /A3;concepts03:T5 .#2 6?39 All t%e a$$ignment$ $%o.ld *e depo$ited on $,%ed.led date$4 0o a$$ignment /ill *e a,,epted a-ter t%e a*ove mentioned date$ Dr +unanda )itra (hosh

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