Chapterwise notes for Paper 2 — Business Laws. Covers all key acts with clear explanations, exam-ready, and completely free.
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Syllabus
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01
Indian Regulatory Framework
Major Regulatory Bodies — Ministry of Finance, Ministry of Corporate Affairs, SEBI, RBI, IBBI, Ministry of Law and Justice
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02
The Indian Contract Act, 1872
General nature of contract, Consideration, Other essential elements, Performance of contract, Breach of contract, Contingent and Quasi Contract, Indemnity and Guarantee, Bailment and Pledge, Contract of Agency
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03
The Sale of Goods Act, 1930
Formation of the contract of sale, Conditions and Warranties, Transfer of ownership and Delivery of goods, Unpaid seller and his rights
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04
The Indian Partnership Act, 1932
General Nature of Partnership, Rights and Duties of partners, Reconstitution of firms, Registration and Dissolution of a firm
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05
The Limited Liability Partnership Act, 2008
Nature and scope, Essential features, Characteristics of LLP, Incorporation, Differences with other forms of organizations
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06
The Companies Act, 2013
Essential features of company, Corporate veil theory, Classes of companies, Types of share capital, Incorporation, Memorandum of Association, Articles of Association, Doctrine of Indoor Management
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07
The Negotiable Instruments Act, 1881
Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Negotiation, Presentment of Instruments, Rules of Compensation
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