SRM INSTITUTE OF SCIENCE AND TECHNOLOGY FACULTY OF SCIENCE AND HUMANITIES DEPARTMENT OF COMMERCE – LESSON PLAN – ODD SEMESTER 2018-2019
M.COM GENERAL - I YEAR – I SEMESTER – CORE PAPER – IV L T P TOTAL CREDIT PCM18104 CORPORATE LAWS 5 1 0 6 5
Maximum: 100 marks (Internal: 50 marks; External: 50 marks) List of Faculty Members handling the Subject – 1. Dr.S.Chitra – Associate Professor and Head
OBJECTIVES:
• Enable students to learn the legalities associated with the Joint Stock Company form of organization and it’s functioning • It also focuses on providing an insight in to laws like FEMA, Competition Act and Intellectual Property Laws.
UNIT I- THE COMPANIES ACT 2013: Introduction to Companies Act 2013 – Definition of a Company – The Companies Act 1956 vs Companies Act 2013 – Formation of a Company – Memorandum of Association – Articles of Association – Meeting – Kinds of Meeting – Annual General Meeting – Director – Appointment – DIN – Removal of Director – Rights, Duties and Liabilities of Director
WORKING DAY DATE DAY LESSON PLAN – DESCRIPTION DAY ORDER
1 16-07-2018 MONDAY I Issue of Syllabus and Introduction to Law
2 17-07-2018 TUESDAY II Introduction to Companies Act 1956 and 2013
3 18-07-2018 WEDNESDAY III Definition of a Company – Formation
4 19-07-2018 THURSDAY IV Memorandum of Association – Contents
5 20-07-2018 FRIDAY V Articles of Association – Contents
21-07-2018 SATURDAY HOLIDAY
22-07-2018 SUNDAY HOLIDAY
6 23-07-2018 MONDAY I Meetings – Kinds of Meetings Annual General Meeting – Requisite for a Valid Meeting 7 24-07-2018 TUESDAY II
8 25-07-2018 WEDNESDAY III Director – Meaning
9 26-07-2018 THURSDAY IV Appointment of Director – Types of Appointment – Rules
10 27-07-2018 FRIDAY V DIN – Director Identification Number
28-07-2018 SATURDAY HOLIDAY
29-07-2018 SUNDAY HOLIDAY
11 30-07-2018 MONDAY I Removal of Director – Types – Rules relating to remival
12 31-07-2018 TUESDAY II Rights of Director
13 01-08-2018 WEDNESDAY III Duties of Director
14 02-08-2018 THURSDAY IV Liabilities of Director – Civil and Criminal Liabilities
15 03-08-2018 FRIDAY V Case Study/ Role Play/ Seminar – Revision Unit I
04-08-2018 SATURDAY HOLIDAY
05-08-2018 SUNDAY HOLIDAY
UNIT II – SEBI ACT,1992 AND FEMA ACT 1999:- SEBI Act 1992 – Definition – Establishment of The Securities Exchange Board of India – Management of the Board – Term of office – Removal of Member from Office – Powers and Functions of the Board FEMA Act 1999 – Definition – Main Provision of the Act – Regulation and Management of Foreign Exchange – Board of management and Powers and Functions of the Board
WORKING DAY DATE DAY LESSON PLAN – DESCRIPTION DAY ORDER SEBI Act 1992 – Establishment of SEBI – Management of 16 06-08-2018 MONDAY I the Board 17 07-08-2018 TUESDAY II Term of Office – Removal of Member
18 08-08-2018 WEDNESDAY III CYCLE TEST - I
19 09-08-2018 THURSDAY IV -DO-
20 10-08-2018 FRIDAY V -DO-
11-08-2018 SATURDAY HOLIDAY
12-08-2018 SUNDAY HOLIDAY 21 13-08-2018 MONDAY I Powers of the Board – SEBI
22 14-08-2018 TUESDAY II Functions of the Board
15-08-2018 WEDNESDAY INDEPENDENCE DAY – HOLIDAY
23 16-08-2018 THURSDAY III FEMA Act, 1999 – Important Terms
24 17-08-2018 FRIDAY IV Provisions of FEMA Act and Management
18-08-2018 SATURDAY HOLIDAY
19-08-2018 SUNDAY HOLIDAY
25 20-08-2018 MONDAY V Important Terms and Provisions of the Regulations
26 21-08-2018 TUESDAY I Board of Management
22-08-2018 WEDNESDAY BAKRID – HOLIDAY
27 23-08-2018 THURSDAY II Powers of the Management
28 24-08-2018 FRIDAY III Functions of Management
25-08-2018 SATURDAY HOLIDAY
26-08-2018 SUNDAY HOLIDAY Documents used – Assignment of Collection of Sample 29 27-08-2018 MONDAY IV Copy 30 28-08-2018 TUESDAY V Case Study/ Role Play/ Seminar – Revision Unit II
UNIT III – THE ESSENTIAL COMMODITIES ACT, 1955 THE CONSUMER PROTECTION ACT, 1986 AND THE COMPETITION ACT, 2002:- The Essential Commodities Act, 1955 – Definition – Objects of the Act – Different Commodities under Essential Commodities Act – Powers to Control production, supply and distribution of Essential Commodities The Consumer Protection Act, 1986 – Introduction – Objects of the Act – Definition – Meaning of Consumer – The Central Consumer Protection Council – Objects – The State Consumer Protection Council – Establishments of Consumer Disputes Redressal Agencies – District Forum – State and National Commission – Jurisdiction of the Commission The Competition Act, 2002 – Definitions – Features of the Act – Anti Competitive Agreements – Types of Agreements – Abuse of Dominant Position – Combinations – Competition Commission of India – Powers of the Commission
WORKING DAY DATE DAY LESSON PLAN – DESCRIPTION DAY ORDER The Essential Commodities Act, 1955 – Definition – Objects 31 29-08-2018 WEDNESDAY I of the Act
32 30-08-2018 THURSDAY II Different Commodities under Essential Commodities Act
Powers to Control production, supply and distribution of 33 31-08-2018 FRIDAY III Essential Commodities 01-09-2018 SATURDAY HOLIDAY
02-09-2018 SUNDAY HOLIDAY The Consumer Protection Act, 1986 – Introduction – Objects 34 03-09-2018 MONDAY IV of the Act – Definition – Meaning of Consumer The Central Consumer Protection Council – Meetings of the 35 04-09-2018 TUESDAY V Council - Objects The State Consumer Protection Council – Establishment - 36 05-09-2018 WEDNESDAY I Objects and Functions of State Council Establishments of Consumer Disputes Redressal Agencies – 37 06-09-2018 THURSDAY II District Forum State and National Commission-Composition and 38 07-09-2018 FRIDAY III Qualification of Members - Jurisdiction of the Commission 08-09-2018 SATURDAY HOLIDAY
09-09-2018 SUNDAY HOLIDAY The Competition Act, 2002 – Definitions – Features of the 39 10-09-2018 MONDAY IV Act - Types of Agreements Anti-Competitive Agreements –Dominant Person - Abuse of 40 11-09-2018 TUESDAY V Dominant Position Combinations – Competition Commission of India – Powers 41 12-09-2018 WEDNESDAY I of the Commission Inquiry – Orders by Commission 13-09-2018 THURSDAY GANESH CHATURTHI – HOLIDAY
42 14-09-2018 FRIDAY II Case Study/ Role Play/ Seminar – Revision Unit III
15-09-2018 SATURDAY HOLIDAY
16-09-2018 SUNDAY HOLIDAY
43 17-09-2018 MONDAY III CYCLE TEST – II
44 18-09-2018 TUESDAY IV -DO-
45 19-09-2018 WEDNESDAY V -DO-
UNIT IV – INFORMATION SECURITIES ACT, 2000 AND ENVIRONMENT PROTECTION ACT, 1986:- Information Securities Act, 2000 - Definition – Objects of Information technology Act – Digital Signature – Electronic Signature – offences categorized under Information Technology Act – Penalty for offences – Cyber Law – Objects of Cyber Law - Cyber Security – Cyber Space – Cyber Crime Environment Protection Act, 1986 – Definitions – General Powers of Central Government – Appointment of Officers and their Powers and Duties – Rules to Regulate Environmental Pollution – Prevention, Control and Abatement of Environmental Pollution
. DAY WORKING DATE DAY LESSON PLAN – DESCRIPTION ORDER DAY Information Securities Act, 2000 - Definition – Objects of 46 20-09-2018 THURSDAY I Information technology Act
21-09-2018 FRIDAY MUHARRAM – HOLIDAY
22-09-2018 SATURDAY HOLIDAY
23-09-2018 SUNDAY HOLIDAY
47 24-09-2018 MONDAY II Digital Signature – Electronic Signature – Authentication Offences categorized under Information Technology Act – 48 25-09-2018 TUESDAY III Penalty for offences 49 26-09-2018 WEDNESDAY IV Cyber Law – Objects of Cyber Law
50 27-09-2018 THURSDAY V Provisions of Cyber Law – Important terms
51 28-09-2018 FRIDAY I Cyber Security
29-09-2018 SATURDAY HOLIDAY
30-09-2018 SUNDAY HOLIDAY
52 01-10-2018 MONDAY II Cyber Space
02-10-2018 TUESDAY GANDHI JAYANTHI – HOLIDAY Cyber Crime 53 03-10-2018 WEDNESDAY III
54 04-10-2018 THURSDAY IV Provisions relating to Cyber laws Environment Protection Act, 1986 – Definitions – General 55 05-10-2018 FRIDAY V Powers of Central Government
06-10-2018 SATURDAY HOLIDAY
07-10-2018 SUNDAY HOLIDAY
56 08-10-2018 MONDAY I Appointment of Officers - Powers and Duties – Liabilities 57 09-10-2018 TUESDAY II Rules to Regulate Environmental Pollution Prevention, Control and Abatement of Environmental 58 10-10-2018 WEDNESDAY III Pollution 59 11-10-2018 THURSDAY IV Provisions relating to Environment Pollution Control
60 12-10-2018 FRIDAY V Case Study/ Role Play/ Seminar – Revision Unit IV
UNIT V – INTELLECTUAL PROPERTY RIGHTS Intellectual Property Rights - The Patents Act, 1970 as amended in 1999, 2002 and 2005 - The Designs Act, 2000 - The Trade Marks Act, 1999 -The Copyright Act, 1957 as amended in 1983, 1984 and 1992, 1994, 1999
WORKING DAY DATE DAY LESSON PLAN – DESCRIPTION DAY ORDER
13-10-2018 SATURDAY HOLIDAY
14-10-2018 SUNDAY HOLIDAY
61 15-10-2018 MONDAY I Intellectual Property Rights - Introduction
62 16-10-2018 TUESDAY II The Patents Act, 1970 as amended in 1999, 2002 and 2005
63 17-10-2018 WEDNESDAY III Important Terms and Provisions
18-10-2018 THURSDAY AYUDHA POOJA – HOLIDAY
19-10-2018 FRIDAY DUSSEHRA – HOLIDAY
20-10-2018 SATURDAY HOLIDAY
21-10-2018 SUNDAY HOLIDAY
64 22-10-2018 MONDAY IV The Designs Act, 2000
65 23-10-2018 TUESDAY V The Trade Marks Act, 1999
66 24-10-2018 WEDNESDAY I Important Terms and Provisions The Copyright Act, 1957 as amended in 1983, 1984 and 1992, 67 25-10-2018 THURSDAY II 1994, 1999 68 26-10-2018 FRIDAY III Important Terms and Provisions
27-10-2018 SATURDAY HOLIDAY
28-10-2018 SUNDAY HOLIDAY 69 29-10-2018 MONDAY IV Case Study/ Role Play/ Seminar – Revision Unit V
70 30-10-2018 TUESDAY V FULL REVISION – ISSUE OF QUESTION BANK
71 31-10-2018 WEDNESDAY I MODEL EXAMINATION
72 01-11-2018 THURSDAY II -DO-
73 02-11-2018 FRIDAY III -DO-
03-11-2018 SATURDAY HOLIDAY
04-11-2018 SUNDAY HOLIDAY
05-11-2018 MONDAY DEEPAVALI – HOLIDAY
06-11-2018 TUESDAY DEEPAVALI – HOLIDAY
74 07-11-2018 WEDNESDAY IV MODEL EXAMINATION
75 08-11-2018 THURSDAY V -DO-
TEXT BOOK 1. Kapoor, N D, (2010), Business Laws, Sultan Chand and Sons, New Delhi.
REFERENCE BOOKS: 1. Sreenivasan, M R, (2008), Business Law, Margham Publications, Chennai. 2. Dhandapani, M V, (2007), Business Laws, Sultan Chand and Sons, New Delhi. 3. Pillai R S N, (2009), Bussiness Laws, S Chand, New Delhi
QUESTION PAPER PATTERN – UNIT BASED EXAMINATION PART – A PART – B TOTAL MARKS
CYCLE TEST 6 Questions – Equally 2 Questions – 1 Question from Part A – 20 Marks and I - Unit I and II Distributed- Any 4 questions to each Unit – Internal Choice Part B – 30 Marks = II – Unit III and IV be answered and each carries 5 Pattern – Each Carries 15 Marks Total Marks – 50 Marks Marks MODEL 8 Questions – Equally 5 Questions – 1 Question from Part A – 25 Marks and EXAMINATION Distributed- Any 5 questions to each Unit – Internal Choice – All Part B – 75 Marks = Full Syllabus be answered and each carries 5 Questions carry 15 Marks each Total Marks – 100 Marks Marks SEMESTER 8 Questions – Equally 5 Questions – 1 Question from Part A – 25 Marks and EXAMINATION Distributed- Any 5 questions to each Unit – Internal Choice – All Part B – 75 Marks = Full Syllabus be answered and each carries 5 Questions carry 15 Marks each Total Marks – 100 Marks Marks EVALUATION AND MARKS 1. Internal Examination – 40 Marks Cycle Test – I – Marks obtained for 50 will be converted to 10 Cycle Test – II – Marks obtained for 50 will be converted to 10 Model Examination – Marks obtained for 100 will be converted to 20
2. Assignment – 5 Marks 5 Marks will be awarded for Assignment/Project/Seminar/Class Work Maintenance
3. Attendance – 5 Marks Attendance Marks is as 95% and More Attendance – 5 Marks 90% to 94.99% - 4 Marks 85% to 89.99% - 3 Marks 80% to 84.99% - 2 Marks 75% to 79.99% - 1 Mark Less than 75% - Nil
4. External Examination – 50 Marks Examination will be conducted at the end of the Semester – marks Obtained for 100 will be converted to 50.
5. Qualification to Higher Semester and Passing Criteria Student must appear for minimum of Three Subjects in the Current Semester to qualify for higher semester – failure will lead to detention in the present semester Passing minimum is 40% in End Semester (External) Examination and 40% Overall (Internal and External)
ATTENTION TO STUDENTS: *** Students securing less than 75% Attendance in the semester and students fail to appear for minimum of THREE Examinations will be detained in the semester and they have to redo the semester in the next Academic Year the same semester on payment of fees as prescribed by the Institution***