CMA Inter Law and Ethics Notes Pdf, CMA Inter Law and Ethics Study Material Important Questions, CMA Intermediate Law and Ethics Handwritten Notes Short Notes, Business Laws and Ethics CMA Inter Pdf.
CMA Inter Law and Ethics Study Material – CMA Intermediate Law and Ethics Notes
CMA Inter Law and Ethics Study Material Important Questions
- Introduction to Law and Legal System in India
- Indian Contracts Act, 1872
- Sale of Goods Act, 1930
- Negotiable Instruments Act, 1881
- Indian Partnership Act, 1932
- Limited Liability Partnership Act, 2008
- Factories Act, 1948
- Payment of Gratuity Act, 1972
- Employees Provident Fund and Miscellaneous Provisions Act, 1952
- Employees State Insurance Act, 1948
- The Code on Wages, 2019
- Companies Act, 2013
- Business Ethics and Emotional Intelligence
- CMA Inter Business Laws and Ethics MCQs
CMA Inter Business Laws and Ethics Syllabus
Total: 100 Marks
| Module Description | Weight |
| Section A: Commercial Laws | 30% |
| 1. Introduction to Law and Legal System in India | 5% |
| 2. Indian Contracts Act, 1872 | 10% |
| 3. Sale of Goods Act, 1930 | 5% |
| 4. Negotiable Instruments Act, 1881 | 5% |
| 5. Indian Partnership Act, 1932 | 5% |
| 6. Limited Liability Partnership Act, 2008 | |
| Section B: Industrial Laws | 15% |
| 7. Factories Act, 1948 | 10% |
| 8. Payment of Gratuity Act, 1972 | |
| 9. Employees Provident Fund and Miscellaneous Provisions Act, 1952 | |
| 10. Employees State Insurance Act, 1948 | |
| 11. The Code on Wages, 2019 | 5% |
| Section C: Corporate Laws | 40% |
| 12. Companies Act, 2013 | 40% |
| Section D: Business Ethics | 15% |
| 13. Business Ethics and Emotional Intelligence | 15% |
Section A: Commercial Laws
1. Introduction to Law and Legal System in India
Introduction to The Constitution of India, Fundamental Rights, Sources of Law, Primary and Subordinate Legislations, Legislative Process in India, Legal Methods including Judicial Alternative Dispute Resolution (ADR) Process in India, Legal Terminology and Maxims
2. Indian Contracts Act, 1872
Essential Elements of a Contract, Offer and Acceptance, Void and Voidable Agreements, Consideration, Legality of Object, E-contracts – Essential Requirements for Enforceability, Constraints to Enforce Contractual Obligations, Quasi-Contracts. Contingent Contracts, Termination or Discharge of Contracts, Assignment of Contractual Rights and Obligations, Representations and Warranties, Impossibility and Force Majeure, Termination by Novation, Tender Procedure of Government Contract, Special Contracts – Indemnity and Guarantee, Bailment and Pledge, Laws of Agency
3. Sale of Goods Act, 1930
Essential Conditions of a Contract of Sale, Transfer of Ownership, Conditions, and Warranties, Performance of the Contract of Sale, Rights of Unpaid Seller, Auction Sales
4. Negotiable Instruments Act, 1881
Definition and Features of Negotiable Instrument, Crossing, Endorsement and Material Alteration, Acceptance, Assignment and Negotiation, Rights and Liabilities of Parties, Dishonour of a Negotiable Instrument (with Special Emphasis on Section 138)
5. Indian Partnership Act, 1932
Nature of Partnership, Rights and Liabilities of Partners, Formation, Reconstitution and Dissolution of Firms
6. Limited Liability Partnership Act, 2008
Concept, Formation, Membership and Functioning, Dissolution
Section B: Industrial Laws
7. Factories Act, 1948
8. Pament of Gratuity Act, 1972
9. Employees Provident Fund and Miscellaneous Provisions Act, 1952
10. Employees State Insurance Act, 1948
11. The Code on Wages, 2019
Section C: Corporate Laws
12. Companies Act, 2013
Company Types, Promotion, Formation, and Related Procedures (Sec 1 to Sec 122 of Companies Act, 2013), Director – Role, Responsibilities, Qualification, Disqualification, Appointment, Retirement, Resignation, Removal, Remuneration and Powers, Directors Identification Number, Operational and Financial Control, InternaI Financial Control for Financial Reporting (Section 134, 143 and 177), Rights of Shareholders, Key Managerial Personnel
Section D: Business Ethics
13. Business Ethics and Emotional Intelligence
Ethics – Meaning, Importance and Nature, The Seven Principles of Public Life” – Selflessness, Integrity, Objectivity, Accountability, Openness, Honesty and Leadership, The Relationship between Ethics and Law, Business Ethics and its Relevance to Business, Values, and Attitudes of Professional Accountants, Primary Norms of Business Ethics – Honesty, Accountability, etc., the Application in Decisions regarding Employers, Finance and Trading, Internal Code of Ethics, Ethics in Business Dealings, Case Study on Business Ethics, Emotional Intelligence (Concept and Importance)
CMA Inter Business Laws and Ethics Chapter Wise Weightage
