Business Regulatory Framework detailed syllabus for Commercial Practice (CP) for 2021 revision curriculum has been taken from the SITTTRs official website and presented for the Commercial Practice students. For course code, course name, number of credits for a course and other scheme related information, do visit full semester subjects post given below.
For Commercial Practice 3rd Sem scheme and its subjects, do visit Commercial Practice (CP) 3rd Sem 2021 revision scheme. The detailed syllabus of business regulatory framework is as follows.
Course Objectives:
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Course Outcomes:
On completion of the course, the student will be able to:
- Interpret Law of Contract.
- Make use of the provisions of Sale of Goods Act.
- Apply the provisions of Companies Act in management and administration of company.
- Identify company meetings, motions and resolutions of the company.
Module 1:
Indian Contract Act 1872: Definition – Contract – Agreement – Classification – On the basis of legality – On the basis of mode of creation – On the basis of performance – Offer -Acceptance – Capacity of party -Consideration – Lawful object – Free consent – Coercion -Undue influence – Fraud – Misrepresentation – Mistake – Performance of contract -Discharge of Contract – Breach of contract – Remedies.
Module 2:
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Module 3:
Management and Administration of Joint Stock Company:- Board of Directors -Meaning – Constituents of Board of Directors – Types of Boards – Role, Powers and duties of Board – Minimum and maximum number of directors – Number of directorship -Classification of Directors – Residential director – Small shareholders director – Women director – Additional director – Alternate director – Nominee director – Shadow director -Independent director – Qualifications and disqualifications of directors – Remuneration of directors – Resignation of director-Removal of director. Company Secretary – Functions of Company Secretary – Role of Secretary in a Company. Independent Director – Appointment, number of independent directors – role and functions, duties, remuneration and significance of Independent Director. Board Committees – Nature and functioning of Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee.
Module 4:
Company Meetings: Meaning – Types of meeting – Statutory – Annual General Meeting -Extraordinary General Meeting – Board Meeting – Class meeting – Creditors meeting -Debenture holders meeting – Essentials of meeting-Notice – Contents of Notice – Notice through Electronic media – Agenda of different Meetings(List) – Procedure of Writing Minutes – Motions – Meaning – Rules regarding motions – Consequences of motions -Types of motions (List) – Resolutions – Meaning – Types of resolution – Ordinary Resolution -Matters requiring sanction by Ordinary Resolution – Special Resolution – Matters requiring sanction by Special Resolution – Resolution Requiring Special notice – Circular resolution.
Text Books:
For the complete syllabus, results, class timetable, and many other features kindly download the iStudy App
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Reference Books:
- M.C Shukla. (2013). A Manual of Mercantile Law (RevisedEdition). S. Chand Company Ltd.
- P.P.S. Gogna. (2018). Company Law. Sulthan Chand& Company Ltd. Delhi.
Online Resources
For the complete syllabus, results, class timetable, and many other features kindly download the iStudy App
It is a lightweight, easy to use, no images, and no pdfs platform to make students’s lives easier..
For detailed syllabus of all other subjects of Commercial Practice (CP), 2021 revision curriculum do visit Commercial Practice 3rd Sem subject syllabuses for 2021 revision.
To see the syllabus of all other branches of diploma 2021 revision curriculum do visit SITTTR diploma all branches syllabus..
To see the results of Commercial Practice (CP) of diploma 2021 revision curriculum do visit SITTTR diploma Commercial Practice (CP) results..
For all Commercial Practice academic calendars, visit Commercial Practice all semesters academic calendar direct link.