Business Regulatory Framework-II

Unit No.

Unit Title

Contents

1

Negotiable

Instruments

Act, 1881

Concept of Negotiable Instruments: Characteristics,

Meaning Important Relevant Definitions Under the Act

·         Definitions, Essentials of Promissory Note, Bill of Exchange and Cheque. Distinction between these Instruments. Crossing of Cheques–It’s Meaning and Types.

·         Holder and Holder in Due Course, Privileges of Holder in Due Course.

·         Negotiation, Endorsement, Kinds of Endorsement.

·         Liabilities of Parties to Negotiable Instruments.

·         Dishonor of N. I., Kinds, Law Relating to Notice of Dishonor.

2

E-Contracts

(E-Transactions/

E-Commerce)

·         Significance of E-Transactions /E-Commerce.

Nature, Formation, Legality. Recognition.

(Chapter 4.Sec.11-13 of I T Act,2000 Relating to

Attribution, Acknowledgement, Dispatch of E-Records)

·         Digital Signatures –Meaning & Functions, Digital Signature, Certificates [Sections 35-39]

·         Legal Issues Involved in E-Contracts and Personal Data Protection (Sec.43 A)

3

The Consumer

Protection

Act, 2019

The Consumer Protection Act, 2019

·         Salient Features of the C.P. Act,2019

·         Definitions-Consumer, Complainant, Services, Defect & Deficiency,

Complainant, Unfair Trade Practice, Restrictive Trade Practice, Unfair Contract.

·         Consumer Protection Councils.

·         Procedure to File Complaint & Procedure to Deal with Complaint in Commissions & Reliefs Available to Consumer.(Sec.39)

·         Consumer Disputes Redressal Commissions. (Composition, Jurisdiction, Powers and Functions.)

4

Intellectual

Property Rights

Intellectual Property Rights : (IPRs)

·         Meaning & Importance of IPRs, International Efforts in Protection of IPR: WIPO (Objectives & Activities) & TRIPS Agreement: Objectives

·         Definition and Conceptual Understanding of Following IPRs under the Relevant Indian Current Statutes.

·         Patent: Definition & Concept, Rights & Obligation of Patentee, its Term.

·         Copyright: Characteristics & Subject Matter of Copyright, Author & his Rights, Term.

·         Trademark: Characteristics, Functions, Illustrations, Various Marks, Term, Internet Domain Name- Rights of Trademark Holder.

·         Design: Importance, Characteristics, Rights of Design Holder.

·         Geographical Indications, Confidential Information & Trade Secrets,

Traditional knowledge-Meaning & scope of these IPRs.