
<p class="wp-block-paragraph"> Hello Dear CA Students,</p>



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<p class="wp-block-paragraph"><em>We are Sharing With You CA foundation Business Laws New Syllabus Study Material Compilation for May 2024 onwards Paper-2: Business Law . So kindly Check Out our www.castudynotes.com website and ALL the Best for Your upcoming Exams.</em></p>
<cite>CA STUDY NOTES</cite></blockquote>


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<h1 class="wp-block-heading">PAPER 2: BUSINESS LAWS (100 MARKS)</h1>



<h3 class="wp-block-heading">Objective</h3>



<p class="wp-block-paragraph">To develop general legal knowledge of the law of Contracts, Sales and understanding of various forms of businesses and their functioning to regulate business environment and to acquire the ability to address basic application-oriented issues.</p>



<h3 class="wp-block-heading">Contents</h3>



<ol class="wp-block-list">
<li><strong>Indian Regulatory Framework</strong></li>
</ol>



<p class="wp-block-paragraph">Major Regulatory Bodies such as Ministry of Finance, Ministry of Corporate Affairs, SEBI, RBI, IBBI, Ministryof Law and Justice, etc.</p>



<h3 class="wp-block-heading">The Indian Contract Act, 1872</h3>



<p class="wp-block-paragraph">General nature of contract, Consideration, Other essential elements of a valid contract, Performance of contract, Breach of contract, Contingent and Quasi Contract, Contract of Indemnity and Guarantee, Contract of Bailment and Pledge, Contract of Agency.</p>



<h3 class="wp-block-heading">The Sale of Goods Act, 1930</h3>



<p class="wp-block-paragraph">Formation of the contract of sale, Conditions and Warranties, Transfer of ownership and Delivery of goods, Unpaid seller and his rights.</p>



<h3 class="wp-block-heading">The Indian Partnership Act, 1932</h3>



<p class="wp-block-paragraph">General Nature of Partnership, Rights and Duties of partners, Reconstitution of firms, Registration and Dissolution of a firm.</p>



<h3 class="wp-block-heading">The Limited Liability Partnership Act, 2008</h3>



<p class="wp-block-paragraph">Introduction-covering nature and scope, Essential features, Characteristics of LLP, Incorporation andDifferences with other forms of organizations.</p>



<h3 class="wp-block-heading">The Companies Act, 2013</h3>



<p class="wp-block-paragraph">Essential features of company, Corporate veil theory, Classes of companies, Types of share capital, Incorporation of company, Memorandum of Association, Articles of Association, Doctrine of Indoor Management.</p>



<h3 class="wp-block-heading">The Negotiable Instruments Act, 1881</h3>



<p class="wp-block-paragraph">Meaning of Negotiable Instruments, Characteristics, Classification of Instruments, Different provisions relating to Negotiation, Presentment of Instruments, Rules of Compensation.</p>



<p class="wp-block-paragraph"><strong>Note: ;</strong>If new legislations are enacted in place of the existing legislations, the syllabus would include thecorresponding provisions of such new legislations with effect from dates notified by the Institute.</p>



<p class="wp-block-paragraph"><em>The specific inclusions/ exclusions in the various topics covered in the syllabus will be effected every year byway of Study Guidelines, if required.</em></p>



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<h2 class="wp-block-heading has-electric-grass-gradient-background has-background"><strong><a href="https://castudynotes.com/wp-content/uploads/2023/07/CA-Foundation-Paper-2-Business-Law-Study-Material-New-Syllabus-castudynotes-com.pdf">Download Law Foundation Study Material PDF</a></strong></h2>



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