INDIAN BUSINESS LAW
2012/2013, Semester 1
Modular Credits: LL4129 ( 4 ) / LL5129 ( 4 ) / LL6129 ( 4 )
The principal objective of this course is to provide an understanding and appreciation of the various legal issues and perspectives involved in carrying out business and corporate transactions in India. The course will begin with a brief introduction to India’s legal system, the Constitution and the judiciary so as to set the tone. This part will also contain an evaluation of the changes since 1991 to India’s economic policies that have made it an emerging economic superpower. Thereafter, it will deal with the core through a discussion of the legal aspects involved in setting up business operations in India, the different types of business entities available, shareholders’ rights, joint ventures, raising finance both privately and by accessing public capital markets, and the regimes relating to foreign direct investment, corporate governance, mergers and acquisitions and corporate bankruptcy. Where applicable, the course will provide relevant comparisons with similar laws in other jurisdictions such as the U.S., the U.K. and Singapore. While the course is not intended to involve an exhaustive study of all applicable laws and regulations, it will highlight key legal considerations for business transactions in India and allow for deliberation on topical, contemporary issues with real-world examples.
For Law Students: NUS Compulsory Core Law Curriculum or its equivalent; For Non-Law Students: Open to 3rd & 4th year students from Business School who have read 80MCs or more.