Master ofBusiness Laws(MBL)

This course provides an overview of contracts and their significance in a commercial and industrial context. Takes students through a thorough examination of the norms relating to various types of contracts, their formation, termination, breach, and expiry.

The paper consists of the following modules:

Module I: Contract: Concept and its Role in a Developing Society
Module II: Capacity and Consideration
Module III: Free Consent & Public Policy
Module IV: Government and Quasi Contracts
Module V: Discharge of Contract
Module VI: Breach of Contract and Remedies
Module VII: Representative Contracts
Module VIII: Special Contracts
Module IX: E-Contracts

This course familiarises students with traditional norms of banking law, as well as emerging trends in the sector, and the regulations that govern it. It provides an overview of the banking system and the banker-customer relationship, and examines them as a natural extension of the basic principles of contract law, tort law, property law, company law, and other related areas.

The paper consists of the following modules:

Module I: Understanding The Context
Module II: Central Bank & Its Role
Module III: Regulating Banks
Module IV: Law Of Negotiable Instruments
Module V: Banker and Customer
Module VI: Other Banking Related Laws

This course provides students a thorough grounding in corporate laws, and examines newer legislation governing business and commerce, such as the Insolvency and Bankruptcy Code and the Competition Act.

The paper consists of the following modules:

Module I: Formation of a Company
Module II: Characteristics of Corporate Personality
Module III: Management of the Company
Module IV: Corporate Finance and Investor-Protection
Module V: Secretarial functions, Corporate Accounts and Audit
Module VI: Winding Up- The Insolvency and Bankruptcy Code, 2016
Module VII: Competition Act, 2002

This course seeks to introduce to students the fundamental features of the legal framework governing labour and employment relationships in in India and provide them with a nuanced understanding of the fundamental paradox of the discipline of Labour Law in India in as much as it is over-legislated even as workers remain under-protected.

Labour and employment laws play a critical role in business by governing one of the factors of production. By protecting the rights of workers and promoting fair employment relationship, labour laws seek to ensure harmonious employer-employee relationship and industrial relations. Understanding these laws and their implications is, therefore, vital for professionals in various fields such as human resources, employment law, industrial relations, and business management.

With the emergence of new forms of work like platform work and increased contractualization of the workforce, many of the key concepts of this discipline have come under strain. Further, the Labour Laws in India are on the cusp of an epochal change with the four major Labour Codes having been enacted by the Parliament. Even though these Codes have not been notified, this Course would straddle both the existing statutory regimes and the corresponding provisions of the new Codes. With more than 90% of the labour force in India working as informal workers, the story of labour laws in India is a story of exclusion. Therefore, even as various statutory regimes on labour protection are discussed, students shall be invited to reflect on the scope of application of these regimes and rules to informal workers.

With this course, students will gain insights into the rights and responsibilities of both employers and employees, learn how to navigate complex legal issues in the workplace, and develop a critical understanding of the broader social and economic implications of labour laws.

The paper consists of the following modules:

I. Introduction to Labour and Industrial Relations Law
II. Building Blocks of Labour Law: Workplaces and Workers covered by Labour Laws
III. Introduction to Law of Trade Unions and Collective Bargaining
IV. Dispute Resolution Machinery in Industrial Law and State Intervention
V. Protection from Lay-Off, Retrenchment and Closure
VI. Regulation of Conditions of Service and Managerial Prerogatives
VII. Regulation of Conditions of Work and Occupational Health: Contract Labour and Migrant Labour
VIII. Law of Wages
IX. Law of Social Security Employment Injury Compensation and Insurance

As the conflict between the industrialised world and our natural environs escalates, it has become critical for business leaders to understand the nuances of running a sustainable commercial operation that does not violate environmental norms. This course provides students an overview of environmental law and regulation governing commerce and industry in India, as well as global agreements and treaties on the subject to which India is a party.

The paper consists of the following modules:

Module I & II: Legal Regime of Pollution Control
Module III: Understanding Biodiversity Law
Module IV: Land Laws
Module V: Law relating to Environment and Industry

Trade in securities, whether through regulated stock exchanges or in transactions involving mergers and amalgamations, and ‘funding’ transactions by private equity and venture fund entities, is an essential component of the modern business world. This course prepares students to understand the world of investment laws.

The paper consists of the following modules:

Module I: History and Development of Securities Market and its Regulation in India
Module II: Primary Market Regulations
Module III: Secondary Market Regulations
Module IV: Cross Border Transactions in Securities
Module V: Investor Protection

The COVID-19 pandemic has highlighted the criticality and centrality of insurance laws in ensuring business resilience. This paper provides students deep learning in various types of insurance laws and their impact on business.

The paper consists of the following modules:

Module I: General Principles of an Insurance Contract
Module II: Introduction to Life Insurance Contracts
Module III: Introduction to Fire Insurance
Module IV: Marine Insurance
Module V: Health Insurance
Module VI: The Insurance Regulatory and Development Authority Act, 1999 and associated legislations

The law of transnational commercial transactions governs private commercial transactions across national frontiers. In a globalised world, business leaders and managers must understand the legal framework governing this area in thorough detail, and this course helps students do exactly that.

Module I: Introduction
Module II & III: Introduction to Sea Carriage & Carriage of Goods by Sea: The Liability Regime
Module IV: Carriage by Air
Module V: Sale of Goods under Common Law and the CISG
Module VI: Sale of Goods in India
Module VII: International Payment Mechanism
Module VIII: Settlement of International Commercial Disputes

As software, pharmaceutical patents, and media and entertainment content take centre stage in the world economy, understanding the law relating to the formation, protection, and commercialisation of intellectual property has become vital to running a successful enterprise. This course provides students a deep understanding of such laws in India and across the world.

The paper consists of the following modules:

Module I: Introduction to Intellectual Property
Module II: International Regime Of Intellectual Property Rights
Module III: Law of Copyright and Neighbouring Rites
Module IV: Law of Patents
Module V : Law of Trademarks
Module VI: Geographical Indication
Module VII: Law of Designs
Module VIII: Protection of Plant Varieties and Farmers’ Rights, Semiconductor Integrated Layout Designs, Trade Secrets, Biological Diversity

As the introduction of the Goods and Services Tax in India has highlighted, tax law and the manner of its implementation has a crucial impact on business strategy, planning, and earnings. This course familiarises students with various aspects of commercial tax laws.

The paper consists of the following modules:

Module I: General Principles of Taxation
Module II: Direct Taxes
Module III: Corporate Tax – I
Module IV: Corporate Tax – II
Module V: Goods and Services Tax Law
Module VI: Customs Duty in India – The Customs Act of 1962
Module VII: International Tax with Special Reference to Taxation of Electronic Commerce