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    Lepm 2021 (R)

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    Swati Porwal
    The document provides information about the Legal and Ethical Perspectives for Managers course offered at Indian Institute of Management Kozhikode in 2021. The course is compulsory and worth 2 credits. It will be taught over 16 sessions by Prof. Shannu Narayan and Prof. Deva Prasad M. The course aims to help students understand legal principles and concepts relevant for efficient business functioning. Key topics include contract law, company law, intellectual property law, consumer protection law, and competition law. Students will be evaluated based on class participation, presentations, quizzes and an end-term exam.

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    Lepm 2021 (R)

    Uploaded by

    Swati Porwal
    26 views4 pages
    The document provides information about the Legal and Ethical Perspectives for Managers course offered at Indian Institute of Management Kozhikode in 2021. The course is compulsory and worth 2 credits. It will be taught over 16 sessions by Prof. Shannu Narayan and Prof. Deva Prasad M. The course aims to help students understand legal principles and concepts relevant for efficient business functioning. Key topics include contract law, company law, intellectual property law, consumer protection law, and competition law. Students will be evaluated based on class participation, presentations, quizzes and an end-term exam.

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    LEPM 2021 (R)

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    The document provides information about the Legal and Ethical Perspectives for Managers course offered at Indian Institute of Management Kozhikode in 2021. The course is compulsory and worth 2 credits. It will be taught over 16 sessions by Prof. Shannu Narayan and Prof. Deva Prasad M. The course aims to help students understand legal principles and concepts relevant for efficient business functioning. Key topics include contract law, company law, intellectual property law, consumer protection law, and competition law. Students will be evaluated based on class participation, presentations, quizzes and an end-term exam.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    26 views4 pages

    Lepm 2021 (R)

    Uploaded by

    Swati Porwal
    The document provides information about the Legal and Ethical Perspectives for Managers course offered at Indian Institute of Management Kozhikode in 2021. The course is compulsory and worth 2 credits. It will be taught over 16 sessions by Prof. Shannu Narayan and Prof. Deva Prasad M. The course aims to help students understand legal principles and concepts relevant for efficient business functioning. Key topics include contract law, company law, intellectual property law, consumer protection law, and competition law. Students will be evaluated based on class participation, presentations, quizzes and an end-term exam.

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    INDIAN INSTITUTE OF MANAGEMENT KOZHIKODE

    Post Graduate Programme in Management


    Course Outline

    LEGAL AND ETHICAL PERSPECTIVES FOR MANAGERS 2021

    Course Code and Course Title PGP 25, Legal and Ethical Perspectives for
    Managers (LEPM)
    Course Type Compulsory
    Pre-requisites (if any) Nil
    Course Credit 2
    Total No. of Sessions 16
    Session Duration 75 minutes
    Term III
    Year and batch 1st year 2020-2021, PGP 24
    Sections (if any) A,B,C,D,E,F,G, H

    Instructors(s) Prof. Shannu Narayan


    Contact Details 0495-2809430; shannu.narayan@iimk.ac.in
    Office Faculty Block 3, Room 10
    Consultation Hours To be announced

    Instructors(s) Prof. Deva Prasad M


    Contact Details 0495-2809427; devaprasad@iimk.ac.in
    Office Faculty Block 3, Room 23
    Consultation Hours To be announced

    Introduction

    Business is both facilitated as well as regulated by laws and ethical norms. Pertinent legal and
    ethics concepts helpful for day-to-day functioning in a commercial/business environment are
    introduced through this course. Knowledge of business law and ethics conceptual framework is
    significant for effectively steering forward an existing business organisation as well as for
    evolving new entrepreneurial ventures.

    Learning Outcomes/Course Objectives

    The main objective of this course is to make a student of business management understand
    the principles and concepts of law and ethics relevant to efficient functioning of business.
    This includes formation of contracts; rights and obligations arising from contracts; special
    forms of contracts; law dealing with formation and functioning of companies; law relating to
    partnership; law relating to intellectual property rights; competition law; consumer protection
    law. Ethical

    Textbooks and Learning Materials

    1
    Text Book(s)
    Rashmi Aggarwal and Rajinder Kaur, Legal Aspects of Business, 1st Edition, Pearson, 2020
    [RR-LAB].

    Reference Book(s)
     A. C. Fernando et al, Business Ethics: An Indian Perspective, Third edition, Pearson
    India Education Services Pvt. Ltd., 2019 [ACF-BEIP]
    Pathak, Akhileshwar, Legal Aspects of Business, Seventh Edition, Tata McGraw-Hill,
    New Delhi [AP-LAB].
     Anurag K Agarwal, Business Leadership and Law, Springer, New Delhi 2017 [AA-
    BLL].
     Anurag K Agarwal, Business Law for Managers: Kaleidoscopic Tales, Penguin
    Random House, IIMA Book series, 2018. [AA-BLM]
     Constance Bagley, Managers and the Legal Environment: Strategies for the 21 st
    Century, Eighth Edition, Cengage Learning, Boston, 2016.
     Anurag K Agarwal, Business and Intellectual Property, Random House India, New
    Delhi 2010 [AKA-BIP].

    Additional Reading(s)
    Hard copies of relevant additional reading materials will be distributed as and when required.

    Technology and Software (if any)


    NIL

    Other Resources (Journals, Internet Websites) (if any)

    The Parable of the Sadhu (HBR, 1997, 97307-PDF-ENG)

    Pedagogy Used/Learning Process

    The course will be primarily offered through lectures, discussion and analysis of relevant
    practical legal issues through decided cases. In the course delivery, emphasis is on the
    maximisation of student learning within the classroom itself, by way of methods such as
    problem based learning method. The participants are encouraged to read introduction to the
    subject in order to equip them to explore and analyse the legal issues to be discussed in the
    class. 

    Evaluation Components/Assessment of Student Learning

    Assessment Tool Percentage Description


    Class Participation and 35% Students are expected to work in teams or
    Presentation/Written report
    2
    individually analysing contemporary issues
    regarding legal aspects of business.
    Quizzes 15% These components are required to check and
    End Term 50% evaluate students’ understanding of legal
    concepts and principles and their application
    in solving managerial decision-making
    problems.

    Session Plan

    Session Module Topic Chapter No. / Reading


    material / Cases
    1-2 Introduction to  Relevance of legal and [AKA-BLL]: Chapter 1
    Law & Ethics ethical approach to [ACF-BEIP]: Chapter 2
    business
     Introduction to Indian Caroll, The Pyramid of
    Legal System Corporate Social
     Theories of Business Responsibility: Toward
    Ethics & Corporate values the Moral Management
    of Organizational
    Stakeholders Business
    Horizons, July-August
    1991
    3-6 Legal Aspects Business Contracts [RR-LAB]: Chapter 2,3,5
    of Business  Regulating unfair terms in [AA-BLM]: Chapter 1
    Contracts B2B and B2C contract [RR-LAB]: Chapter 11
     Essentials of Formation of
    a Contract
     Breach of Contract
     Termination and Damages
     Contracting with
    Government
     Ethical perspective of
    unfair and one-sided
    contracts

    7 - 10 Legal & Ethical Partnership [AP-LAB]: Chapter 26


    Aspects of  Mutual Agency
    Business  Registration and
    Organizations Dissolution of Partnership

    Limited Liability Partnership


    (LLP)
     Nature of LLP
     Formation of LLP

    Company Law

    3
     Characteristic of a [RR-LAB]: Chapter 16,
    Company 17, 18,26, 27, 28 and 31
     Memorandum & Articles [AA-BLM]: Chapter 3
    of Association
     Doctrine of Ultra Vires,
    Indoor Management
     Importance of Independent
    Directors
     Insolvency of a Company
     Stakeholder Concept
     Corporate Accountability
    and Ethical Perspective
     Mandatory Corporate
    Social Responsibility in
    Law
    11 - 12 Law relating to  Patents [AKA-BIP]: Chapters 2,
    Intellectual  Compulsory Licensing 3, 4 and 7
    Property Rights  Trademarks [AA-BLM]: Chapter 5
     Legal & Ethical Issues of
    IPR

    13 - 15 Legal and Consumer Protection [RR-LAB]: Chapter 13


    Ethical aspects  Unfair Trade Practice
    of Trade  Advertising Practices
    Practices  Restrictive Trade Practices
     Product Liability

    Competition Law
     Anti-Competitive [AA-BLM]: Chapter 7
    Agreements
     Abuse of Dominant
    Position
     Regulation of
    Combinations

    16 Emerging  Understanding the Ethical Parable of a Sadhu,


    Issues in Law Contours and Dilemmas HBR 1997
    and Ethics for  Way Forward
    Managers

    Additional Instructions (if any)


    NIL

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