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Indian Institute of Management Bangalore

Corporate & Business Law: A Foundational Course for Emerging Enterprises & Future Professionals

Indian Institute of Management Bangalore via Swayam

Overview

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One of the most crucial skills for business students is to understand the legal framework in which businesses operate. In today’s dynamic and regulated environment, knowing the laws that govern contracts, companies, partnerships, and negotiable instruments is not just helpful—it’s essential to make informed decisions, stay compliant. From the formation of a company to the rights of a buyer under a sales contract, legal literacy shapes how confidently one participates in real-world commerce. It empowers students to assess the legality of business transactions, navigate contractual obligations, and choose appropriate business structures. By the end of this course, you'll not only gain clarity on the legal language but also learn how to apply these concepts in real-life scenarios—whether it’s reviewing a contract, understanding the consequences of a dishonored cheque, or forming a new business entity.

Syllabus

Week 1: Introduction to Business Law & Regulatory Framework

Week 2: The Indian Contract Act, 1872 – Part I

Week 3: The Indian Contract Act, 1872 – Part II

Week 4: Special Contracts

Week 5: The Sale of Goods Act, 1930

Week 6: The Indian Partnership Act, 1932 & LLP Act, 2008

Week 7: Companies Act, 2013 – Basics

Week 8: Negotiable Instruments Act, 1881

Taught by

Ms. Bindiya BH

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