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Legal Environment of Business


Course Code: BBA 225
Credit Hour: 3
Course Group: Core Courses


Principles of Law of Contract: Essential Elements of Contract - Offer and Acceptance - Consideration, Void and Voidable Agreements - Free Consent - Performance of Contracts – Termination - or Discharge of Contracts - Bailment and Pledge.

Companies Act-1994:

  1. Formation: Definition of company - types of companies, Private Limited Company and Public Limited Company - Formation for Memorandum of Association and Articles of Association and Articles of Association - Prospectus.
  2. Management: Management and Administration - Directors. Secretary. Meetings and resolution, Accounts and Audit.
  3. Winding up: Winding up of Companies - Compulsory winding up by the Court - Voluntary Winding up by the Members Themselves - and Voluntary Winding up by the Creditors - Voluntary Winding up under the supervision of the Court.

Law Relation to Negotiable Instruments: Definitions (B/E, P/N, and Cheques) - Acceptance and Negotiations - Rights and Liabilities of Parties - Dishonor of Negotiable Instruments.

Sale of Goods: Buyer, seller, Hood-Sale and Agreement to sale Essential elements - Transfer of ownership - Performance of Contract of sale.

Labor and Industrial Laws:

Preliminary: Short title - Commencement & application - Definitions.

Conditions of service & employment: Conditions of employment - Classification of workers & period of probation - Service book - Form of service book - Punishment for conviction & misconduct - Retirement of workers - fine - termination by employer - termination by workers - grievance procedure.

Health & hygiene: Cleanliness - Ventilation & temperature - Dust & fume – Lighting - Drinking water - Latrines & urinals - dust bean & spittoon.

Safety: Safety of building & machinery - Precaution in case of fire - Casing of new machinery - Hoists & lifts - Protection of eyes - Precaution against dangerous fumes - Explosive or inflammable dust, gas etc.

Wages & payment: Wages - Responsibility for payment of wages - fixation of wage period - Time & mode of payment - authorize deductions – claims - Single application – appeal - wages board - Functions of wages board.

Trade unions & Industrial relations: Trade unions of Workers & employers - Application for Registration - Requirements for application - Requirements for registration – Registration - cancellation of registration, - unfair labor practices on the part of employers - unfair labor practices on the part of workers - Collective bargaining agent - Participation committee - Functions of participation committee.

Workmen’s compensation act 1923 and Industrial relations ordinance 1969


Recommended Books:

Companies Act-1994

A. A. Khan, Bangladesh Labour and Industrial Law, Dhaka: Provati Prakastani,2000

A. K. Sen. & I. K. Mitra, Commercial Law & Industrial Law, Calcutta: The World Pres Private Ltd. 2002.

Nirmalendu Dhar, The Bangladesh Labour Act, 2006 (xlII of 2006)

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Hamdard City of Science, Education & Culture,
Gazaria, Munshiganj-1510
+8801776439000, +8801776439001
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ict@hamdarduniversity.edu.bd
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