SRM INSTITUTE OF SCIENCE AND HUMANITIES FACULTY OF SCIENCE AND HUMANITIES DEPARTMENT OF CORPORATE SECRETARYSHIP AND ACCOUNTING & FINANCE LESSON PLAN ODD SEMESTER 2018-2019 Class: II B.Com Corporate Secretaryship Subject handled by Dr.K.Selvasundaram Associate Professor and Head Part 3 II Year Third Semester Core Paper - 7 L T P LTP C UCC15302 BUSINESS LAWS 4 1 0 5 4 Maximum: 100 marks (Internal: 50 marks; External: 50 marks) OBJECTIVES To understand the concepts of business law To understand the procedure of application of the business law in various aspects UNIT I - INTRODUCTION TO INDIAN CONTRACT ACT Indian Contract Act- formation-terms of contract-forms of contract-offer and acceptance - Considerations. 1 02-07-2018 I Indian Contract Act 1860 2 03-07-2018 II Meaning and Definition 3 04-07-2018 III Types of contracts 4 05-07-2018 IV Essentials of the contract 5 06-07-2018 V Forms of the contract 6 09-07-2018 I Meaning of offer and its types 7 10-07-2018 II Definition of the acceptance and conditions 8 11-07-2018 III Meaning and Definitions Considerations 9 12-07-2018 IV Types of Considerations 10 13-07-2018 V No contract and no considerations 11 16-07-2018 I Revision 12 17-07-2018 II Revision 13 18-07-2018 III Revision UNIT II - BREACH OF CONTRACT Capacity-Free consent, Void and Voidable agreements Illegal agreements - Performance - Tender-Quasi contract-discharge-remedies for breach of contract
14 19-07-2018 IV Capacity of persons 15 20-07-2018 V Consent of the parities 16 23-07-2018 I Void and Voidable contracts 17 24-07-2018 II Agreements and its types 18 25-07-2018 III Illegal Agreements 19 26-07-2018 IV Performance of the contract 20 27-07-2018 V Tender and its conditions and types 21 30-07-2018 I Quasi contracts 22 31-07-2018 II Discharge of the contracts 23 01-08-2018 III Remedies to the contract for the breach of the contract 24 02-08-2018 IV Remedies available for aggrieved persons 25 03-08-2018 V Modes of discharge of the contract 26 06-08-2018 I REVISION 27 07-08-2018 II REVISION 28 08-08-2018 III CYCLE TEST I 29 09-08-2018 IV CYCLE TEST I 30 10-08-2018 V CYCLE TEST I UNIT III - BAILMENT AND PLEDGE Bailment Meaning and Definition - Rights and Duties - Pledge Difference Between Bailment and Pledge - Indemnity and Guarantee 31 13-08-2018 I Definition and meaning of the bailment 32 14-08-2018 II Requisites for bailment 33 16-08-2018 III Persons involved in bailment 34 17-08-2018 IV Rights of the Bailer and Bailee 35 20-08-2018 V Duties of the bailer and bailee 36 21-08-2018 I Definition and meaning of pledge 37 23-08-2018 II Difference between bailment and pledge 38 24-08-2018 III Rights and duties of pawnor and pawnee 39 27-08-2018 IV Meaning and definitions of the contract of indemnity 40 28-08-2018 V Meaning and definitions of the contract of the guarantee 41 29-08-2018 I Difference between the Indemnity and contract 42 30-08-2018 II Persons involved in the indemnity and contract UNIT IV - CONTRACT OF AGENCY Contract of Agency- Types -Creation-Duties and Rights of principal and agent Termination of agency.
S.NO DATE DAY DESCRIPTION 43 31-08-2018 III Definition and Meaning of the contract of agency 44 03-09-2018 IV Modes of the creation of the agency relationships 45 04-09-2018 V Types of agents 46 05-09-2018 I Rights and Duties of the agents 47 06-09-2018 II Principal and Agents 48 07-09-2018 III Termination of the agency 49 10-09-2018 IV Sub agent 50 11-09-2018 V Substituted agent 51 12-09-2018 I REVISION 52 14-09-2018 II REVISION 53 17-09-2018 III CYCLE TEST II 54 18-09-2018 IV CYCLE TEST II 55 19-09-2018 V CYCLE TEST II UNIT- V SALE OF GOODS ACT Sale of Goods Act- Sale or agreement to sell-formation-caveat emptor-implied conditions and warranty-rights of unpaid seller. S.NO DATE DAY DESCRIPTION 56 20-09-2018 I Sale of goods act 1930 57 24-09-2018 II Sale of goods act 1930 58 25-09-2018 III Sale and agreement to sell 59 26-09-2018 IV Formation of the sale of goods of act 60 27-09-2018 V Caveat emptor 61 28-09-2018 I Implied conditions 62 01-10-2018 II Bases for the conditions 63 03-10-2018 III Warranties and its meaning and definition 64 04-10-2018 IV Definition of the unpaid seller 65 05-10-2018 V Rights of the unpaid seller 66 08-10-2018 I REVISION 67 09-10-2018 II REVISION 68 10-10-2018 III REVISION 69 11-10-2018 IV REVISION 70 12-10-2018 V MODEL EXAMINATION 71 15-10-2018 I MODEL EXAMINATION 72 16-10-2018 II MODEL EXAMINATION 73 17-10-2018 III MODEL EXAMINATION
74 22-10-2018 IV MODEL EXAMINATION 75 23-10-2018 V MODEL EXAMINATION TEXT BOOKS Kapoor, N D (2010), Business Laws, Sultan Chand and Sons, New Delhi.(all the 5 units) Sreenivasan, M R (2012) Business Law, Margham Publications, Chennai. REFERENCES Dhandapani, M V, Business Laws, Sultan Chand and Sons, New Delhi. Pillai R S N, Bussiness Laws, S Chand, New Delhi Gofna, Mercantile Law, S Chand, New Delhi. QUESTION PAPER PATTERN UNIT BASED EXAMINATION PART A PART - B TOTAL MARKS CYCLE TEST I - Unit I and II II Unit III and IV MODEL EXAMINATION Full Syllabus SEMESTER EXAMINATION Full Syllabus 9 Questions Equally Distributed - all to be answered and each carries 10 Questions Equally Distributed Each carries 10 Questions Equally Distributed Each carries 2 Questions 2 Pattern Each Carries 16 marks 5 Questions 2 All Questions carry 16 Marks each 5 Questions 2 All Questions carry 16 Marks each Part A 18 Marks and Part B 32 Marks Total Marks 50 Marks Part A 20 Marks and Part B 80 Marks Total Marks 100 Marks Part A 20 Marks and Part B 80 Marks Total Marks 100 Marks EVALUATION AND MARKS Internal Examination 40 Marks Cycle Test I Marks obtained for 50 will be converted to 10 Cycle Test II Marks obtained for 50 will be converted to 10 Model Examination Marks obtained for 100 will be converted to 20 Assignment 5 Marks 5 Marks will be awarded for Assignment/Project/Seminar/Class Work Maintenance Attendance 5 Marks Attendance Marks is as 95% and More Attendance 5 Marks 90% to 94.99% - 4 Marks 85% to 89.99% - 3 Marks
80% to 84.99% - 2 Marks 75% to 79.99% - 1 Mark Less than 75% - Nil External Examination 50 Marks Examination will be conducted at the end of the Semester marks Obtained for 100 will be converted to 50. Qualification to Higher Semester and Passing Criteria Student must appear for minimum of Three Subjects in the Current Semester to qualify for higher semester failure will lead to detention in the present semester Passing minimum is 50% in End Semester (External) Examination and 50% Overall (Internal and External) *** Students securing less than 75% Attendance in the semester will be detained in the semester and they have to redo the semester in the forthcoming Academic Year on payment of fees as prescribed by the University