Paper 7 :

Economic Business and Commercial Laws

Economic Business and Commercial Laws

01   Reserve Bank of India Act, 1934

 

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03  Foreign Exchange Transactions & Compliances

 

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05  Foreign Direct Investments – Regulations & FDI Policy

 

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07   Liberalized Remittance Scheme

 

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09   Foreign Trade Policy & Procedure

 

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11   Special Economic Zones Act, 2005

 

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13  Consumer Protection Act, 1986:

 

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15  Legal Metrology Act, 2009

 

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17  Real Estate (Regulation and Development) Act, 2016

 

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19   Prevention of Money Laundering

 

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21   Specific Relief Act, 1963

 

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23    Partnership Act, 1932

 

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02   Foreign Exchange Management Act, 1999

 

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04  Foreign Contribution (Regulation) Act, 2010

 

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06    Overseas Direct Investment

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08  External Commercial Borrowings (ECB)

 

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10   Non-Banking Finance Companies (NBFCs)

 

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12  Competition Act, 2002

 

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14   Essential Commodities Act, 1955

 

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16    Transfer of Property Act, 1882

 

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18   Benami Transaction Prohibitions Act

 

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22    Sale of Goods Act, 1930

 

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20   Indian Contracts Act, 1872

 

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24   Negotiable Instrument Act, 1881

 

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19   Prevention of Money Laundering

 

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22    Sale of Goods Act, 1930

 

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21   Specific Relief Act, 1963

 

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About Economic Business and Commercial Laws

 

This subject is a combination of laws relating to Foreign Exchange Management, Competition and other Business Laws. Legislations like the Consumer Protection Act, Legal Metrology Act, Transfer of Property Act forms part of other Business Laws.

At foundation level, you have been introduced to the basics of Business laws. At this level you will be studying indepth about business laws along with other important legislations such as Foreign Exchange Management and Competition Act. At this level, you are also expected to solve case studies by application of legal provisions. 

The topics covered in Economic, Business and Commercial Laws at CS Executive Level 

  • Foreign Exchange Management Act  
  • External Commercial Borrowings 
  • NonBanking Finance Companies 
  • Special Economic Zones Act, 2005 
  • Competition Act 
  • Consumer Protection Act 
  • Transfer of Property Act 
  • Indian Contracts Act 
  • Partnership Act 
  • Negotiable Instrument Act 

The best approach to study Economic, Business and Commercial Laws paper

  • Refer to Bare Acts to understand the provisions better 
  • Make short notes of your own 
  • Do not skip any topic. 
  • Solve as many mock papers as possible 
  • Revise at least 2 times before exams 
  • Try to read economic journals and financial newspapers (at least one every day) 

Faculty

CA Rajiv Rabindran
CA Rajiv Rabindran
CA Chinmaya A M
CA Chinmaya A M
CS Shruthi Prakash
CS Shruthi Prakash
CA Shilpa Kumari
CA Shilpa Kumari
CS Hari Prasad M S
CS Hari Prasad M S
CS Shwetha Nadig
CS Shwetha Nadig
CS Mohan Kumar B K
CS Mohan Kumar B K

Resources

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