Description
Business Law
(Business Regulatory Framework – Paper – II)
SYBAF Semester III
Syllabus
1. The Indian Partnership Act – 1932 (30 Lec.)
(a) Concept of Partnership
– Partnership and Company
– Test for determination of existence for partnership
– Kinds of Partnership
(b) Registration and Effects of non-registration of Partnership
(c) Rights and Duties of Partners
(d) Authority and Liability of Partners
(e) Admission, Retirement and Expulsion of Partner
(f) Dissolution of Partnership
2. Limited Liability Partnership Act – 2008 (10 Lec.)
(a) Nature of Limited Liability Partnership
(b) Incorporation of Limited Liability Partnership
(c) Extent and Limitation of Liability of Limited Liability Partnership and Partners
(d) Contributions
(e) Conversion Into Limited Liability Partnership
(f) Winding Up and Dissolution
3. Factories Act – 1948 (20 Lec.)
(a) Definitions
l Section 2 (k) – Manufacturing Process,
l Section2 (l) – Workers
l Section 2 (m) – Factory
(b) Provisions pertaining to
i. Health – Section 11 to Section 20
ii. Safety – Section 21 to Section 41
iii. Welfare – Section 42 to Section 49
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