Business Law – Revised FYBMS Syllabus 2016


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Business Law– Revised FYBMS Syllabus 2016

Modules at a Glance

Sr. No. Modules No. of Lectures
1 Contract Act, 1872 & Sale of Goods Act, 1930 15
2 Negotiable Instrument Act, 1981 & Consumer Protection Act, 1986 15
3 Company Law 15
4 Intellectual Property Rights(IPR) 15
Total 60

Business Law – FYBMS Syllabus 2016

Sr. No. Modules / Units
1 Contract Act, 1872 & Sale of Goods Act, 1930
    • Contract Act,1872: Essential elements of Contract; Agreement and Contract – Capacity to Contract, free consent, consideration, lawful objects/ consideration, Breach of contract. Remedies for breach of Contract.
  • Sale of Goods Act,1930: Scope of Act, Sale and Agreement to sell, essential of a valid Sale Contract – Conditions and warranties – Implied Condition and warranties, Rights of an unpaid seller.
2 Negotiable Instrument Act, 1981 & Consumer Protection Act, 1986
  • Negotiable Instrument Act,1981: Introduction of Negotiable Instruments – Characteristics of negotiable instruments, Promissory note, Bills of exchange, Cheque, Dishonour of Cheque.
  • Consumer Protection Act, 1986: Objects of Consumer Protection- Introduction of Consumers, who is consumer? Meaning of the words “Goods and services” – Meaning of thewords “Defects and Deficiencies of goods and services” Consumer disputes and Complaints.
3 Company Law
  • Company Law: What is company? – Incorporation of company – MOA, AOA, Prospectus, Meetings, Meaning of transfer and transmission of shares.
4 Intellectual Property Rights(IPR)
  • Intellectual Property Rights (IPR)
  • IPR definition/ objectives
  • Patent definition. What is patentable? What is not patentable? Invention And its Attributes, Inventors and Applications
  • Trademarks, definition, types of trademarks, infringement and passing off.
  • Copy right definition and subject in which copy right exists, Originality, Meaning and Content, Authors and Owners, Rights and Restrictions.
  • Geographical indications (only short notes)


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Reference Books for Business Law
  • Elements of mercantile Law – N.D.Kapoor
  • Business Law – P.C. Tulsian
  • Business Law – SS Gulshan
  • Company Law – Dr.Avtar Singh
  • Indian contract Act – Dr.Avtar Singh
  • Law of Intellectual Property-V.K-Taraporevala
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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

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