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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