B.Com., First Year
Management Group, Paper - I
BUSINESS LAW
e/;çns'k Hkkst ¼eqä½ fo'ofo|ky; & Hkksiky
MADHYA PRADESH BHOJ (OPEN) UNIVERSITY – BHOPAL
,Reviewer Committee
1. Dr. (Prof.) Ajay Agrawal 3. Dr. Anita Deshbhartar
Professor, Professor,
Govt. Hamidia College, Bhopal. Govt. Geetanjali College, Bhopal.
2. Dr. J.K. Parmar
Professor,
Govt. Hamidia College, Bhopal.
Advisory Committee
1. Dr. Jayant Sonwalkar 4. Dr. (Prof.) Ajay Agrawal
Hon’ble Vice Chancellor, Professor,
Madhya Pradesh Bhoj (Open) University, Bhopal. Govt. Hamidia College, Bhopal.
2. Dr. L.S. Solanki 5. Dr. Anita Deshbhartar
Registrar, Professor,
Madhya Pradesh Bhoj (Open) University, Bhopal. Govt. Geetanjali College, Bhopal.
3. Dr. Ratan Suryavanshi 6. Dr. J.K. Parmar
Director, Professor,
Madhya Pradesh Bhoj (Open) University, Bhopal. Govt. Hamidia College, Bhopal.
COURSE WRITERS
Dr. K.R. Mahesh Kumar, Director, Department of Management, Community Institute of Management Studies
Bengaluru.
Dr. Haritha M., Assistant Professor and Co-ordinator, Department of Commerce, Soundarya Institute of
Management and Science, Bengaluru.
Copyright © Reserved, Madhya Pradesh Bhoj (Open) University, Bhopal
All rights reserved. No part of this publication which is material protected by this copyright notice may
be reproduced or transmitted or utilized or stored in any form or by any means now known or
hereinafter invented, electronic, digital or mechanical, including photocopying, scanning, recording or
by any information storage or retrieval system, without prior written permission from the Registrar,
Madhya Pradesh Bhoj (Open) University, Bhopal.
Information contained in this book has been published by VIKAS® Publishing House Pvt. Ltd.
(Developed by Himalaya Publishing House Pvt. Ltd.) and has been obtained by its Authors from
sources believed to be reliable and are correct to the best of their knowledge. However, the Madhya
Pradesh Bhoj (Open) University, Bhopal, Publisher and its Authors shall in no event be liable for any
errors, omissions or damages arising out of use of this information and specifically disclaim any
implied warranties or merchantability or fitness for any particular use.
Published by Registrar, MP Bhoj (Open) University, Bhopal in 2020
Vikas ® is the registered trademark of Vikas ® Publishing House Pvt. Ltd.
VIKAS ® PUBLISHING HOUSE PVT. LTD.
E-28, Sector-8, Noida - 201301 (UP).
Phone: 0120-4078900 z Fax: 0120-4078999
Regd. Office: A-27, 2nd Floor, Mohan Co-operative Industrial Estate, New Delhi - 1100 44.
z Website: www.vikaspublishing.com z Email:
, SYLLABI-BOOK MAPPING TABLE
Business Law
Syllabus Mapping in Book
Unit 1 Unit 1: Indian Contract Act, 1872
Indian Contract Act, 1872 – Definitions, Nature (Page 5 – 72)
of Contract, Offer and Acceptance, Capacity of
Parties to Contract, Free Consent and
Consideration, Expressly Declared Void
Agreement, Performance of Contracts.
Unit 2 Unit 2: Breach of Contract
Breach of Contract, Remedies of Breach of (Page 73 – 120)
Contract, Indemnity and Guarantee Contracts,
Special Contracts – Bailment, Pledge and
Agency.
Unit 3 Unit 3 : Negotiable Instrument Act, 1881
Negotiable Instrument Act, 1881 – Definition, (Page 121 – 172)
Features, Promissory Note, Bill of Exchange and
Cheques, Holder and Holder in Due Course,
Crossing of Cheque, Types of Crossing,
Dishonour and Discharge of Negotiable
Instruments.
Unit 4 Unit 4 : Consumer Protection Act, 1986
Consumer Protection Act, 1986 – Main (Page 173 – 234)
Provisions, Consumer Disputes, Consumer
Disputes Redressal Agencies, MRTP Act –
Meaning, Scope, Importance and Main
Provisions.
Unit 5 Unit 5: Foreign Exchange Management
Foreign Exchange Management Act, 2000 Act, 2000 (FEMA)
(FEMA) – Objectives and Main Provisions, (Page 235 – 264)
Introduction to Intellectual Property Right Act –
Copyright, Patent and Trademark.
,
Management Group, Paper - I
BUSINESS LAW
e/;çns'k Hkkst ¼eqä½ fo'ofo|ky; & Hkksiky
MADHYA PRADESH BHOJ (OPEN) UNIVERSITY – BHOPAL
,Reviewer Committee
1. Dr. (Prof.) Ajay Agrawal 3. Dr. Anita Deshbhartar
Professor, Professor,
Govt. Hamidia College, Bhopal. Govt. Geetanjali College, Bhopal.
2. Dr. J.K. Parmar
Professor,
Govt. Hamidia College, Bhopal.
Advisory Committee
1. Dr. Jayant Sonwalkar 4. Dr. (Prof.) Ajay Agrawal
Hon’ble Vice Chancellor, Professor,
Madhya Pradesh Bhoj (Open) University, Bhopal. Govt. Hamidia College, Bhopal.
2. Dr. L.S. Solanki 5. Dr. Anita Deshbhartar
Registrar, Professor,
Madhya Pradesh Bhoj (Open) University, Bhopal. Govt. Geetanjali College, Bhopal.
3. Dr. Ratan Suryavanshi 6. Dr. J.K. Parmar
Director, Professor,
Madhya Pradesh Bhoj (Open) University, Bhopal. Govt. Hamidia College, Bhopal.
COURSE WRITERS
Dr. K.R. Mahesh Kumar, Director, Department of Management, Community Institute of Management Studies
Bengaluru.
Dr. Haritha M., Assistant Professor and Co-ordinator, Department of Commerce, Soundarya Institute of
Management and Science, Bengaluru.
Copyright © Reserved, Madhya Pradesh Bhoj (Open) University, Bhopal
All rights reserved. No part of this publication which is material protected by this copyright notice may
be reproduced or transmitted or utilized or stored in any form or by any means now known or
hereinafter invented, electronic, digital or mechanical, including photocopying, scanning, recording or
by any information storage or retrieval system, without prior written permission from the Registrar,
Madhya Pradesh Bhoj (Open) University, Bhopal.
Information contained in this book has been published by VIKAS® Publishing House Pvt. Ltd.
(Developed by Himalaya Publishing House Pvt. Ltd.) and has been obtained by its Authors from
sources believed to be reliable and are correct to the best of their knowledge. However, the Madhya
Pradesh Bhoj (Open) University, Bhopal, Publisher and its Authors shall in no event be liable for any
errors, omissions or damages arising out of use of this information and specifically disclaim any
implied warranties or merchantability or fitness for any particular use.
Published by Registrar, MP Bhoj (Open) University, Bhopal in 2020
Vikas ® is the registered trademark of Vikas ® Publishing House Pvt. Ltd.
VIKAS ® PUBLISHING HOUSE PVT. LTD.
E-28, Sector-8, Noida - 201301 (UP).
Phone: 0120-4078900 z Fax: 0120-4078999
Regd. Office: A-27, 2nd Floor, Mohan Co-operative Industrial Estate, New Delhi - 1100 44.
z Website: www.vikaspublishing.com z Email:
, SYLLABI-BOOK MAPPING TABLE
Business Law
Syllabus Mapping in Book
Unit 1 Unit 1: Indian Contract Act, 1872
Indian Contract Act, 1872 – Definitions, Nature (Page 5 – 72)
of Contract, Offer and Acceptance, Capacity of
Parties to Contract, Free Consent and
Consideration, Expressly Declared Void
Agreement, Performance of Contracts.
Unit 2 Unit 2: Breach of Contract
Breach of Contract, Remedies of Breach of (Page 73 – 120)
Contract, Indemnity and Guarantee Contracts,
Special Contracts – Bailment, Pledge and
Agency.
Unit 3 Unit 3 : Negotiable Instrument Act, 1881
Negotiable Instrument Act, 1881 – Definition, (Page 121 – 172)
Features, Promissory Note, Bill of Exchange and
Cheques, Holder and Holder in Due Course,
Crossing of Cheque, Types of Crossing,
Dishonour and Discharge of Negotiable
Instruments.
Unit 4 Unit 4 : Consumer Protection Act, 1986
Consumer Protection Act, 1986 – Main (Page 173 – 234)
Provisions, Consumer Disputes, Consumer
Disputes Redressal Agencies, MRTP Act –
Meaning, Scope, Importance and Main
Provisions.
Unit 5 Unit 5: Foreign Exchange Management
Foreign Exchange Management Act, 2000 Act, 2000 (FEMA)
(FEMA) – Objectives and Main Provisions, (Page 235 – 264)
Introduction to Intellectual Property Right Act –
Copyright, Patent and Trademark.
,
