29 August Business Law Ii

transcript

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS

Business Law AFTERSCHO☺OL –

DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP

PGPSE PROGRAMME – World’ Most Comprehensive programme in social

entrepreneurship & spiritual entrepreneurshipOPEN FOR ALL FREE FOR ALL

Business Law

Dr. T.K. Jain.

AFTERSCHO☺OLCentre for social entrepreneurship

BikanerM: 9414430763

tkjainbkn@yahoo.co.inwww.afterschool.tkwww.afterschoool.tk

Prateek gives Mohan employment in his KPO. When Mohan leaves

the job, Prateek asks him to a bond that he will not work in any company in the radius of 50 KM

from Prateek’s firm. Mohan signs it. Is this restraint valid?

• This is unreasonable condition, so this is not valid.

Dhwal of Bikaner undertakes a wagering agreement with Yuvraj at Mumbai. Yuvraj deposits Rs. 5000

in the process and looses the money. Can he recover this money

from Dhawal?

• Wagering agreements are illigal in Mumbai and Bikaner, so this money cannot be recovered.

Mayank goes to Nepal and puts Rs. 10000 in wagering agreement

relting to horse race on behalf of Prateek (on Prateek’s request) and

loose this money. Will Mayank recover this money?

• Yes, because it is a legal activity in Nepal.

Dhawal makes a contract with Banta that if Banta gets married with Prices of Nepal, Dhawal will give him Rs. 40000 otherwise, he

will have to pay Dhawal Rs. 40000. Prices of Nepal died in firing at the moment when they were making

agreement. Will Dhawal be able to get 40000 (because Banta didn’t

marry princes of Bikaner)? • No (void agreement – as mistake of fact)

Dhawal wants to fight with Khali and put some money on the

contest. If he wins, Khali should give him some money, will it be a valid agreement or a Wagering

agreement? • Yes it is valid – skill based agreements are

not wagering agreements and wrestling is also a skill based activity.

Goti conducts Lottery, which is not approved by the Government. Is it

wagering agreement?

• Yes, it is also illegal and punishable under Section294 A of IPC.

Goti conducts Lottery, which is approved by the Government. Is it

wagering agreement?

• Yes, but it is legal activity. (Dorabji v/s Lance 1918) answer.

An insurance company puts a condition in the policy that if the

claim is filed after 1 year, it will be void. Is this clause valid?

• No, any such condition that restrains other party by reducing time limits unreasonably, is void.

Goti is an employer and employs Mohit and puts a condition that Mohit will not serve any other

employer during the time when he is serving Goti, is this valid?

• Yes – this is a reasonable restraint by the employer.

ABOUT AFTERSCHO☺OL

Afterschoool conducts three year integrated PGPSE (after class 12th along with IAS / CA / CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM. This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.

Why such a programme?

• To promote people to take up entrepreneurship and help develop the society

• To enable people to take up franchising and other such options to start a business / social development project

• To enable people to take up social development as their mission

• To enable people to promote spirituality and positive thinking in the world

Who are our supporters?

• Afterschoolians, our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us.

• You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.

About AFTERSCHO☺OL PGPSE – the best programme for developing great

entrepreneurs• Most flexible, adaptive but rigorous programme• Available in distance learning mode• Case study focused- latest cases • Industry oriented practical curriculum• Designed to make you entrepreneurs – not just

an employee• Option to take up part time job – so earn while

you learn • The only absolutely free course on internet

Workshops from AFTERSCHO☺OL

• IIF, Delhi• CIPS, Jaipur• ICSI Hyderabad Branch• Gyan Vihar, Jaipur• Apex Institute of Management, Jaipur• Aravali Institute of Management, Jodhpur• Xavier Institute of Management, Bhubaneshwar • Pacific Institute, Udaipur• Engineering College, Hyderabad

Flexible Specialisations:• Spiritualising business and society• Rural development and transformation• HRD and Education, Social Development• NGO and voluntary work• Investment analysis,microfinance and inclusion • Retail sector, BPO, KPO• Accounting & Information system (with CA / CS /CMA)• Hospital management and Health care• Hospitality sector and culture and heritage• Other sectors of high growth, high technology and social

relevance

Salient features:• The only programme of its kind (in the whole world)• No publicity and low profile course• For those who want to achieve success in life – not just a

degree• Flexible – you may stay for a month and continue the rest of

the education by distance mode. / you may attend weekend classes

• Scholarships for those from poor economic background• Latest and constantly changing curriculum – keeping pace

with the time• Placement for those who are interested• Admissions open throughout the year • Latest and most advanced technologies, books and study

material

Components • Pedagogy curriculum and approach based on IIM Ahmedabad and ISB

Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)• Meditation, spiritualisation, and self development • Essential softwares for business• Business plan, Research projects• Participation in conferences / seminars• Workshops on leadership, team building etc. • Written submissions of research projects/articles / papers• Interview of entrepreneurs, writing biographies of entrepreneurs• Editing of journals / newsletters• Consultancy / research projects • Assignments, communication skill workshops• Participation in conferences and seminars• Group discussions, mock interviews, self development diaryng • Mind Power Training & writing workshop (by Dr. T.K.Jain)

Pedagogy • Case analysis,• Articles from Harvard Business Review • Quiz, seminars, workshops, games, • Visits to entrepreneurs and industrial visits• Presentations, Latest audio-visuals• Group discussions and group projects• Periodic self assessment• Mentoring and counselling• Study exchange programme (with institutions out of

India)• Rural development / Social welfare projects

Branches

• AFTERSCHO☺OL will shortly open its branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.

Case Studies

• We want to write case studies on social entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.

Basic values at AFTERSCHO☺OL

• Share to learn more• Interact to develop yourself• Fear is your worst enemy• Make mistakes to learn • Study & discuss in a group• Criticism is the healthy route to mutual support

and help • Ask fundamental questions : why, when, how &

where?• Embrace change – and compete with yourself

www.afterschoool.tk social entrepreneurship for better

society