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:
- 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.
- Management: Management and Administration - Directors. Secretary. Meetings and resolution, Accounts and Audit.
- 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)