FORE School of Management, New Delhi
Course Outline
Programme: PGDM (FMG – 28 and FM-2)
Name of the Course: Legal Aspects of Business Credit: 1.5
Term: 2 Academic Year: 2019-2020
Faculty: Mr. Anupam Kishore Sinha Contact No: 8510024204;
and Mr. Dhritiman Bhattacharyya 9810222509
Email: [email protected] ;
[email protected]
Introduction:
Law touches every aspect of our lives and more so in the business environment. This course intends
to develop a body of legal knowledge and to give future business leaders and decision makers a
competitive edge by understanding basics of legal framework in which they function. This course
covers basics of business law and deals with Contract Law, Company Law, Negotiable Instruments
Act and consumer laws, etc. No prior legal training is assumed. Classroom discussions will be
based on business cases and excerpts from judicial opinions, statutes, and news reports and
analysis.
Objective: To make students familiar with the basic provisions of law concerning incorporation
and regulation of business organizations
To create awareness about the numerous legislations passed by the Parliament
To analyze through various cases the judicial attitude towards these regulations decided by
the courts
Text Book:
Daniel Albuquerque, Legal Aspects of Business, 2nd Edition, Oxford University Press, 2015,
New Delhi
Reference Book:
Akhileshwar Pathak, Legal Aspects of Business, 7th Edition, Tata McGraw- Hill Co.
Pedagogy:
Besides lectures, the pedagogy involves study of decided case laws and practical situations with a
view to put across the application of business legislations in the real life situations. Assignments
(especially group assignments) would be given to help students to look at the application or
otherwise of various business laws in the industry.
Evaluation component and Weightage
Class Participation 10
Assignment/Project 20
Case Analysis 20
End term 50
Total: 100
1
Detailed Session Plan
Session Session Theme Reading Material/Cases Learning Outcomes
No.
1 Introduction to Indian Daniel Albuquerque To acquaint the learners
Legal System; Chapters: 1 & 2 with the variety of
Formation of a applicable legislation
Contract Cases and legal instruments
Balfour vs Balfour
Felthouse vs. Bindley To understand the
Mohiri Bibee v. elements of a valid
Dharmodas Ghosh agreement and its
formation
2 Discharge of Contract: Daniel Albuquerque To ascertain various
Quasi Contracts, Chapter: 3 modes of discharge of a
Performance of Cases contract
contract, Discharge of Hadley v. Baxendale
Contract, DDA Vs Kailash Nath To analyze principles
Remedies for Breach Associate governing award of
of Contract Maula Bux v. Union damages in a contract
of India
3 Special Contracts: Daniel Albuquerque To understand the
Indemnity and Chapter: 4 nature of various types
Guarantee, Bailment, Cases of special contracts
Pledge, Agency Gajanan Moreshwar
Vs Moreshwar Madan
4 Sales of Goods Daniel Albuquerque To have a brief
Act,1930 Chapter: 5 overview of the Sale of
Goods Act, 1930
5 Introduction to Daniel Albuquerque To acquaint learners
Company Law: How to Chapters: 8 & 9 with elements of
register a company, Cases Company law and the
Memorandum of Soloman v Soloman & process of registration.
Association and co.
Articles of Association Bacha F Guzdar v CIT
Royal British Bank v.
Turquand
6 Listing Agreements: Daniel Albuquerque To acquaint learners
Prospectus, Shares and Chapters: 10 & 11 with elements of
Share Capital, Cases Company law and the
Meetings, Directors S.P Jain Vs Kalinga issue of capital,
Independent Directors/ Tubes Ltd administration and
women directors Satyam Case Study management of a
company
2
7 Intellectual Daniel Albuquerque To familiarize learners
Property Rights Chapter:26 with elements of the
applicable laws
pertaining to IPR in
India
8 Negotiable Daniel Albuquerque To ascertain various
Instruments Act,1881- Chapter: 6 types of negotiable
Important Provisions instruments.
To analyze provisions
pertaining to cheque
dishonor and liability
of company and
managers
9 Consumer Daniel Albuquerque To discuss concepts of
Protection Act Chapter: 15 consumer, service
provider, deficiency of
service, etc.
Cases To acquaint the learners
Lucknow with various authorities
Development under the Consumer
Authority vs. M.K. Protection Act, 1986
Gupta and their jurisdiction.
Skypak Couriers Ltd.
vs. Tata Chemicals
Ltd.
Indian Medical
Association vs. V.P.
Santha
M/S Interglobe
Aviation Ltd vs
N.Satchidanand
10 Competition Daniel Albuquerque To familiarize the
Law Chapter: 12 learners with elements
Cases of competition law like
DLF Case anti-competitive
agreements, abuse of
Google ad space case dominant position, etc
and the general
procedure under the
Competition Act
3
For official use: -
As Benchmarked with course content in previous year, the contents of this course: (Please mark
the right option below)
(a) Is totally new
(b) Has not changed at all
(c) Has undergone less than/equal to 20% change
(d) Has undergone more than 20% change
Faculty Signature: _______________
Area Chair Signature: _____________
