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‘Business Regulatory Framework’ is a subject which has its impact on the attitudes and behavior of students. Viewing from this angle, this subject is more useful than others. The Board of Studies in...

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Business Regulatory Frame Work - II
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‘Business Regulatory Framework’ is a subject which has its impact on the attitudes and behavior of students. Viewing from this angle, this subject is more useful than others. The Board of Studies in Commerce deserves our compliments having introduced ‘Business
Regulatory Framework’ to the B.Com. students. At the end of each chapter, important key concepts are given to facilitate easy recall. We wish to dedicate our efforts to my esteemed
readers, well-wishers and friends. This book is designed primarily to serve as a text book on ‘Business Regulatory Framework for the undergraduate students of B.Com., BBA, of Savitribai Phule University and other universities. The students of MBA would also find the book
equally useful. The self study questions and key concepts are given at the end of each chapter to enhance the utility of this book for the students preparing for their semester examinations.

1. Negotiable Instruments Act, 1881............................7
1.0 Introduction
1.1 Characteristics of a negotiable instrument
1.2 Types of negotiable Instrument
1.2.1 Promissory notes
1.2.2 Bill of exchange
1.2.3 Cheques
1.2.4 Hundis
1.3 Parties to negotiable instruments
1.4 Negotiation
1.4.1 Modes of negotiation
1.5 Assignment
1.5.1 Negotiation and Assignment Distinguished
1.5.2 Importance of delivery in negotiation
1.6 Endorsement
1.7 Instruments without Consideration
1.8 Holder in Due Course
1.9 Dishonour of a Negotiable instrument
1.10 Noting and protesting
1.11 Dishonor of N. I., kinds, law relating to notice of dishonor
1.12 Summary
1.13 Keywords

2. E-Contracts (E-Transactions/E Commerce)............63
2.1. E-Commerce Nature, Formation, Legality. Recognition.
2.2. Attribution, acknowledgement, dispatch of E-Records
2.3. Digital Signatures – Meaning & functions, Digital Signature,
certificates [Sections 35-39]
2.4. Legal issues involved in E-Contracts and personal data
protection (Sec.43 A)

3. The Consumer Protection Act, 2019......................96
3.1. Salient features of the Consumer Protection Act, 2019
3.2. Definitions - Consumer, Complainant, Services, Defect & Deficiency, Complainant, unfair trade practice, restrictive trade practice, unfair contract.
3.3. Consumer Protection Councils.
3.4. Procedure to file complaint & Procedure to deal with complaint in commissions & Reliefs available to consumer. (Sec. 39)
3.5. Consumer Disputes Redressal Commissions. (Composition, Jurisdiction, Powers and Functions.)

4. Intellectual Property Rights (IPRs).........................119
4.1. Meaning & importance of IPRs, International efforts in protection of IPR : WIPO (Objectives & activities) & TRIPS Agreement: Objectives
4.2. Patent : Definition & concept, Rights & obligation of Patentee, its term.
4.3. Copyright : Characteristics & subject matter of copyright, Author & his Rights, term.
4.4. Trademark : Characteristics, functions, illustrations, various marks, term, internet domain name- Rights of trademark holder.
4.5. Design : Importance, characteristics, Rights of design holder.
4.6. Geographical Indications, Confidential Information & Trade Secrets,
4.7. Traditional knowledge-Meaning & scope of these IPRs.

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