Lovely Professional University, Punjab

Course Code Course Title Course Planner Lectures Tutorials Practicals Credits
BSL602 LEGAL ASPECTS OF BUSINESS 19401::Minakshi 2 1 0 3
Course Weightage ATT: 5 CA: 45 ETT: 50 Exam Category: X3: Mid Term Exam: Not Applicable End Term Exam:
MCQ + Subjective
Course Orientation COMPETITIVE EXAMINATION (Higher Education), KNOWLEDGE ENHANCEMENT

TextBooks ( T )
Sr No Title Author Publisher Name
T-1 ELEMENTS OF MERCANTILE N.D KAPOOR SULTAN CHAND & SONS (P) LTD.
LAW
Reference Books ( R )
Sr No Title Author Publisher Name
R-1 LEGAL ASPECTS OF BUSINESS RAVINDER KUMAR CENGAGE LEARNING
R-2 LEGAL ASPECTS OF BUSINESS AKHILESHWAR MCGRAW HILL EDUCATION
PATHAK
R-3 LEGAL ASPECTS OF BUSINESS DANIEL OXFORD UNIVERSITY PRESS
ALBUQUERQUE
Other Reading ( OR )

Sr No Journals articles as Compulsary reading (specific articles, complete reference)

OR-1 http://www.lawsofbusiness.com/2013/08/types-of-contracts.html , ,
OR-2 https://lawinindia.wordpress.com/ ,

Relevant Websites ( RW )
Sr No (Web address) (only if relevant to the course) Salient Features
RW-1 http://www.mca.gov.in/Ministry/pdf/CompaniesAct2013.pdf Companies act 2013

RW-2 http://www.ncdrc.nic.in/1_1.html Consumer protection act

RW-3 http://www.legalserviceindia.com/laws/National_commission/sc_consumerjudgments.ht cases on consumer protection act

m
RW-4 http://220.227.161.86/19698ipcc_blec_law_vol1_chapter1.pdf Indian contract act 1872

RW-5 nadfm.nic.in/learning/.../C.../A%20.../B-sale%20of%20goods.doc Sale of goods act, 1930

LTP week distribution: (LTP Weeks)

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
 Weeks before MTE 8
Weeks After MTE 7
Spill Over (Lecture) 4

Detailed Plan For Lectures

Week Lecture Broad Topic(Sub Topic) Chapters/Sections of Other Readings, Lecture Description Learning Outcomes Pedagogical Tool Live Examples
Number Number Text/reference Relevant Websites, Demonstration/
books Audio Visual Aids, Case Study /
software and Virtual Images /
Labs animation / ppt
etc. Planned
Week 1 Lecture 1 Indian contract act, 1872 T-1 RW-4 L1: Introduction to L1: Recognize the Discussion with Microsoft Vs.
(preliminary)(essentials of R-3 course importance of the the help of case Apple, Bhopal
contract) L2: Introduction to course laws Gas tragedy
Indian Contract L2: Comprehend the
Act,1872,Essentials of a essentials for creating
valid contract a valid contract
Lecture 2 Indian contract act, 1872 T-1 RW-4 L1: Introduction to L1: Recognize the Discussion with Microsoft Vs.
(preliminary)(essentials of R-3 course importance of the the help of case Apple, Bhopal
contract) L2: Introduction to course laws Gas tragedy
Indian Contract L2: Comprehend the
Act,1872,Essentials of a essentials for creating
valid contract a valid contract
Week 2 Lecture 3 Indian contract act, 1872 T-1 OR-1 Classify various types of Compare and contrast Discussion with
(preliminary)(kinds of R-1 contracts according to between various the help of case
contract) validity,formation, and types of contracts laws
performance

Lecture 4 Indian contract act, 1872 T-1 OR-2 Legal rules of valid Cognize the Discussion with Case - Carlill v
(preliminary)(offer and R-2 offer and acceptance legalities involved in the help of Carbolic Smoke
acceptance) R-3 creation of a valid examples Ball Co. Carlill
offer and acceptance v Carbolic
Smoke Ball
Company
Week 3 Lecture 5 Indian contract act, 1872 T-1 OR-2 Concept, Legal rules as Identify the essentials Discussion with Case - Chinnaya
(preliminary)(consideration) R-3 to consideration for creating a valid the help of vs. Ramayya
contract examples

Lecture 6 Indian Contract Act, 1872 T-1 RW-4 L6: Minors,Persons of Identify parties Discussion with Article -
(capacity of the parties, free R-1 unsound mind capable to enter into the help of case Grandparents
consent, discharge of R-3 L7: Meaning of Free a contracts and laws win legal battle
contract) Consent, Introduction to Cognize various but denied
Coercion, Undue modes of discharge compensation
Influence, Fraud, of contract
Misrepresentation and
Mistake
L8: Modes of discharge
An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 4 Lecture 7 Indian Contract Act, 1872 T-1 RW-4 L6: Minors,Persons of Identify parties Discussion with Article -
(capacity of the parties, free R-1 unsound mind capable to enter into the help of case Grandparents
consent, discharge of R-3 L7: Meaning of Free a contracts and laws win legal battle
contract) Consent, Introduction to Cognize various but denied
Coercion, Undue modes of discharge compensation
Influence, Fraud, of contract
Misrepresentation and
Mistake
L8: Modes of discharge
Lecture 8 Indian Contract Act, 1872 T-1 RW-4 L6: Minors,Persons of Identify parties Discussion with Article -
(capacity of the parties, free R-1 unsound mind capable to enter into the help of case Grandparents
consent, discharge of R-3 L7: Meaning of Free a contracts and laws win legal battle
contract) Consent, Introduction to Cognize various but denied
Coercion, Undue modes of discharge compensation
Influence, Fraud, of contract
Misrepresentation and
Mistake
L8: Modes of discharge
Week 5 Lecture 9 Indian Contract Act, 1872 T-1 OR-2 Modes of breach of Cognize various Discussion with
(breach of contract and its R-2 RW-4 contract and remedies modes of breach of the help of
remedies) R-3 for the breach of contract and the examples and case
contract remedies available laws
for the breach of
contract
Lecture 10 Test- Situation based
problem solving 1
Week 6 Lecture 11 Sale of Goods Act, 1930 T-1 RW-5 Concept, essentials of Identify the essentials Discussion with
(contract of sale) R-3 contract of sale, of contract of sales the help of
difference between sale examples
and agreement to sell
Lecture 12 Sale of Goods Act, 1930 T-1 RW-5 L12: Concept of implied Appreciate the Discussion with
(condition and warranties, R-3 Conditions and implied implied conditions the help of cases
rights of unpaid seller) warranties and warranties in
L13: Concept of unpaid contract of sale
seller
and overview of rights
of unpaid seller
Week 7 Lecture 13 Sale of Goods Act, 1930 T-1 RW-5 L12: Concept of implied Appreciate the Discussion with
(condition and warranties, R-3 Conditions and implied implied conditions the help of cases
rights of unpaid seller) warranties and warranties in
L13: Concept of unpaid contract of sale
seller
and overview of rights
of unpaid seller
Lecture 14 Sale of Goods Act, 1930 T-1 RW-5 Concept of doctrine Implication of rule of Discussion with
(doctrine of caveat emptor) of caveat emptor 'let the buyer beware case laws

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 8 Lecture 15 Consumer protection T-1 RW-2 Definition, rights of Cognize the Discussion with Article - Nestle
act,1986(consumer R-3 RW-3 consumer, grievance circumstances case laws and Maggi case
protection act and its redressal machinery providing for security examples
objectives) of consumers interest
Consumer protection T-1 RW-2 Definition, rights of Cognize the Discussion with
act,1986(rights of R-3 RW-3 consumer, grievance circumstances case laws and
consumers) redressal machinery providing for security examples
of consumers interest
Consumer protection T-1 RW-2 Definition, rights of Cognize the Discussion with
act,1986(redressal R-3 RW-3 consumer, grievance circumstances case laws and
machinery) redressal machinery providing for security examples
of consumers interest

SPILL OVER
Week 8 Lecture 16 Spill Over

MID-TERM
Week 9 Lecture 17 Companies act, 2013 T-1 RW-1 Definition and Comprehend the Discussion with
(preliminary)(company and characteristics of important features of case laws
its characteristics) company company
Lecture 18 Companies act, 2013 T-1 RW-1 Kinds of companies Appreciate various Discussion with
(preliminary)(kinds of types of companies examples
companies)
Week 10 Lecture 19 Companies act, 2013 T-1 RW-1 Kinds of companies Appreciate various Discussion with
(preliminary)(kinds of types of companies examples
companies)
Lecture 20 Companies act, 2013 T-1 RW-1 Incorporation of Comprehend the Discussion with
(preliminary)(formation of a R-3 company legalities of forming examples
company) and incorporating a
company
Week 11 Lecture 21 Companies act, 2013 T-1 RW-1 Concept of Appreciate the Discussion with
(memorandum of memorandum and constitution and the examples
association) contents framework of the
of memorandum company
Lecture 22 Test- Situation based
problem solving 2
Week 12 Lecture 23 Companies act, 2013(articles T-1 Meaning of AOA, Comprehend the Discussion with
of association) contents of articles of legalities of forming case laws
association, Doctrine of and incorporating a
ultra vires company

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 12 Lecture 24 Companies act, 2013(shares T-1 Types of share capital, Identify the various Discussion with
and share capital) definition of share,types options available for examples
of shares, share raising capital
certificate and share
warrant, lien of shares,
surrender and forfeiture
of shares
Week 13 Lecture 25 Companies act, 2013 T-1 Concept, misstatements Cognize about the Discussion with
(prospectus) in prospectus and their civil and criminal examples
consequences liabilities of issuing a
prospectus with
mistake
Lecture 26 Company Management and T-1 RW-1 L26: Definition, Comprehend about Discussion with Article -
Winding Up(appointment appointment true position of case analysis Wiesenthal
and removal of directors, of directors, removal of directors of company Center Honors
meeting of companies) directors and Cognize about Pepsico
L27: Essentials of a the Chairman &
valid meeting conduct of various CEO Indra
L28: Classification types of meetings of Nooyi With
of meetings the company Humanitarian
Award at Its
2016 National
Tribute Dinner
in New York
Week 14 Lecture 27 Company Management and T-1 RW-1 L26: Definition, Comprehend about Discussion with Article -
Winding Up(appointment appointment true position of case analysis Wiesenthal
and removal of directors, of directors, removal of directors of company Center Honors
meeting of companies) directors and Cognize about Pepsico
L27: Essentials of a the Chairman &
valid meeting conduct of various CEO Indra
L28: Classification types of meetings of Nooyi With
of meetings the company Humanitarian
Award at Its
2016 National
Tribute Dinner
in New York
Lecture 28 Company Management and T-1 RW-1 L26: Definition, Comprehend about Discussion with Article -
Winding Up(appointment appointment true position of case analysis Wiesenthal
and removal of directors, of directors, removal of directors of company Center Honors
meeting of companies) directors and Cognize about Pepsico
L27: Essentials of a the Chairman &
valid meeting conduct of various CEO Indra
L28: Classification types of meetings of Nooyi With
of meetings the company Humanitarian
Award at Its
2016 National
Tribute Dinner
in New York

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
 Week 15 Lecture 29 Company Management and T-1 Concept,modes of Cognize about Discussion with
Winding Up(winding up and R-1 winding up, procedure of case laws
dissolution) Consequences of dissolving the
winding up company

SPILL OVER
Week 15 Lecture 30 Spill Over
Week 16 Lecture 31 Spill Over
Lecture 32 Spill Over

Scheme for CA:

CA Category of this Course Code is:A0303 (3 out of 3)

Component Weightage
Test- Situation based 43.75
problem solving
Presentation - Individual 12.5
Test- Situation based 43.75
problem solving

Details of Academic Task(s)

Academic Task Objective Detail of Academic Task Nature of Academic Academic Task Marks Allottment /
Task Mode submission
(group/individuals) Week
Test- Situation To test the The students will analyse few given cases (i.e. situation in Individual Offline 30 4 / 5
based problem problem solving hand) and will give their judgement on the basis of legal
solving 1 ability of the reasoning.The syllabus for the test will include essentials of
student and contract, kinds of contract, offer and acceptance,
application of consideration, capacity of the parties, free consent,
concept on the discharge of contract, breach of contract and its remedies (6
situation in hand cases of 5 marks each).
Presentation - To keep students All the students will be required to give a five minute Individual Offline 15 2 / 12
Individual updated with the presentation in the class on any of the current news related to
current affairs in law.
business law and Evaluation will be based on- 1. Communication (5 marks), 2.
to improve their Content (5 marks), 3. Confidence (5 marks).
communication
skills

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Test- Situation To test the The students will analyse few given cases (i.e. situation in Individual Offline 30 10 / 11
based problem problem solving hand) and will give their judgement on the basis of legal
solving 2 ability of the reasoning.The syllabus for the test will include contract of
student and sale, condition and warranties, rights of
application of unpaid seller, doctrine of caveat emptor, consumer
concept on the protection act and its objectives, rights
situation in hand of consumers, redressal machinery, company and its
characteristics, kinds of
companies, formation of a company, memorandum of
association (6 cases of 5 marks each).

List of suggested topics for term paper[at least 15] (Student to spend about 15 hrs on any one specified term paper)

Sr. No. Topic

1 not applicable

Plan for Tutorial: (Please do not use these time slots for syllabus coverage)
Tutorial No. Lecture Topic Type of pedagogical tool(s) planned
(case analysis,problem solving test,role play,business game etc)

Tutorial1 Introduction to Indian contract act Discussion

Tutorial2 Types of contract Case Analysis
Tutorial3 offer and acceptance Case Analysis
Tutorial4 Consideration Case Analysis
Tutorial5 Capacity of parties Case Analysis
Tutorial6 Free consent Case Analysis
Tutorial7 Discharge of contract Case Analysis
Tutorial8 remedies for breach of contract doubt clearing

After Mid-Term
Tutorial9 sale of goods act Case Analysis
Tutorial10 consumer protection act Case Analysis
Tutorial11 Kinds of companies Discussion
Tutorial12 Formation of company Discussion
Tutorial13 Non-evaluative test test
Tutorial14 MOA Case Analysis

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Tutorial15 AOA Case Analysis

An instruction plan is a tentative plan only and a teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.