Gauhati University B.Com Syllabus: Regulatory Framework of Business - II

604: Regulatory Framework of Business – II
Marks: 80
UNIT-I: INDIAN PARTNERSHIP ACT 1932                                                16
Nature of partnership and certain similar organizations; co ownership; Joint Hindu Family; partnership deed; rights and liabilities of partners including those of newly admitted partners, retiring and deceased partners; implied authority of partners & its scope; Registration of firms; Dissolutions of firms & of the partnership.

UNIT-II: CONSUMER PROTECTION ACT 1986                                         16
Object and definition, consumer protection councils, composition and jurisdiction of grievance redressal machinery, power of redressal agencies, nature and scope of remedies 2005.

UNIT-III: THE RIGHT TO INFORMATION ACT 2005                               16
Important definitions, object, scope, obligation of public authorities under the act; rights for obtaining information; disposal of request, information commission, appeal and penalties.

UNIT-IV: FOREIGN EXCHANGE MANAGEMENT ACT 1999                   16
Dealing in foreign exchange; Holding of foreign exchange; Current account transactions; Capital account transactions; Export of goods and services; Reserve Bank’s powers in Foreign Exchange Management; contravention and penalties; Appointment of Adjudicating Authority; Appeal to Appellate Tribunal
UNIT-V: THE OBJECT AND SCOPE OF THE FOLLOWING ACTS:         16
Information Technology Act 2000

Securities and Exchange Board of India Act.
Limited Liabilities Partnership Act. 2000
Patent Act 1999

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