18 July Business Law
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Business Law AFTERSCHOOOL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Business law Dr. T.K. Jain. AFTERSCHOOOL Centre for social entrepreneurship Bikaner M: 9414430763 [email protected] www.afterschool.tk www.afterschoool.tk www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is hire purchase? A
type of contract of sale – where property transfers to the buyer on payment of total price (in instalments).
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can sale be about future goods? Yes
– under sale of goods act 1930
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Are immovable goods covered under sale of goods act? No.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are implied conditions? Conditions
to title Condition that goods must be as per description / sample and in case of sale by describption & sample – the goods must be as per description & sample. Conditions that goods must be fit for use.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is a warranty? A
stipulation, which is not essential, but collateral to the main purpose of the contract, if proves false, gives the buyer the right to claim damages only.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Are growing crops and grass goods under sale of goods act? Yes.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can a seller stop the goods in transit (which have been sent to buyer)? Yes
– if he has not received the payment and the buyer has become insolvement.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is caveat emptor? Let
the buyer beware
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
When is caveat emptor not applicable? Sale
by sample Sale by description Sale by brand name
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
An unpaid seller has right against? Buyer
and goods both.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Contract of sale is executory or executed contract? Both
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Which of the following are title to goods? Railway receipt 2. Invoice 3. Warehouse’s receipt / certificate 4. Wharfinger’s certificate Answer: all. 1.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can there be implied condition? Yes
both condition and warranties are both implied and express. Implied conditions include condition to title of goods, sale by description, sale by sample, fitness for use etc.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is delivery? Voluntary
transfer of goods from one person to another.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is agreement to sell? A
contract for sale of goods which provide that the property would pass to the buyer on full payment of price and execution of sale deed.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can seller resell the goods?
2. 3. 4. 5.
Yes in some cases only – these cases are : Goods are perishable Seller has given notice to buyer Seller has reserved the right to resell The buyer has not made the payment in a reasonable time.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is right to lien? The
right of seller to retain the possession of the goods.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are rights of unpaid seller? 1. 2. 3.
Right to lien Right to stop the goods in transit Right to resell the goods
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is quasi contract? A
contract under which we assume that there is implied contract between the 2 parties. It may be any circumstance due to which there is quasi contract (though both the parties may not know each other) – for example finder of lost goods has quasi contract with owner.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is essential test of partnership? There
must be an agreement between 2 or more parties to share profit / loss and to create mutual agency relation amoung themselves.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are rights of partner? Right
to see the accounts Right to get information Right to be indemnified Right to prevent entry of new partner Right to get interest on loan extended to partnership firm (@6%). Equal share in profit (if no other share is decided). www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Does a partner has right to remuneration? No
(he may get if agreed).
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Does a partner has right to start competing business? No.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I agree to sell wool to Mr. Ali of Karachi and to supply goods by December. Suddenly war (between India Pakistan) breaks out. I am not able to sell the goods. What is remedy with Ali? Ali
has no remedy – because war is an exceptional situation.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Gautam has a cow, which he gives to me to keep. (I am gratuitous bailee). After 6 months he returns back from world tour and takes away the cow. The cow has a calf also in this period. Should I return calf also? Yes
I am bound to return the calf as well.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I sell a car to you and put a condition that you cant sell the car further. Is it valid contract? You
can buy the car – but you cannot be bound not to sell the car – you may sell it if you like.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I have sold my car to you. The price is not yet fixed. Is it a valid contract? Yes.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram is selling milk @ 10000 per liter. General price is Rs. 15 per liter. Hari buys from Ram 1 liter. Is it a valid contract? Yes
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram sells goods to Rishabh and tells Rishabh that price will be fixed by Gautam. Is it a valid contract? Yes
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram sells Rishabh’s car to Goutam in front of Rishabh and Rishabh did not speak. Now can Rishabh recover his car? Buyer
will get good right by estoppel rule so Rishabh cannot recover the car now.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I purchase cement from Ram. I accepted the goods and store them Later it becomes stone. What remedy do I have? No
rememedy
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I purchase cement from Ram. I rejected the goods after 4 days (till that time goods were in my godown) What remedy do I have? I
can return the goods as I have not yet sent my confirmation and Ram will have to accept the goods as property has not yet passed to me – if it is sale on approval basis. If it is clear sale (not on sale on approval basis), then I don’t have remedy.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I purchase cement from Ram. I neither accepted nor rejected the goods after 14 days (till that time goods were in my godown), now goods become stone, What remedy do I have? I
will have to retain the goods and bear the burden as reasonable time has already elapsed.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
A,B,C start partnership. A becomes insane. What will happen? Partnership
www.afterschoool.tk
will get dissolved.
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Under which contract, there is an obligation created by law? Quasi
contract
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
An agreement enforceable by law is called? Contract
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Who cannot make a contract? Minor A
person of unsound mind A person disqualified by law
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram agrees to sell goods to Mohan either at Rs. 500 or at Rs. 800. Is this contract valid? Yes.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram agrees to sell his house (which is worth Rs. 50 lakh) to Shyam for Rs. 500. Is it a valid contract? Yes
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram makes an agreement with shyam, under which Shyam agrees to close down his business. Is it a valid contract? No
– all such contracts which are in restrain of trade are invalid contract.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are rights of partner? Right
to see the accounts Right to get information Right to be indemnified Right to prevent entry of new partner Right to get interest on loan extended to partnership firm (@6%). Equal share in profit (if no other share is decided). www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
ABO UT A FTERSCH OOO L 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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
About AFTERSCHOOOL 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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Workshops from AFTERSCHOOOL
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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 Indepth knowledge and expertise Professional approac: World class approach Strong intellectual and business capabilities 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 www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS 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)
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Branches AFTERSCHOOOL
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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Basic values at afterschoool
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 only
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
www.afterschoool.tk social entrepreneurship for better society
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Business law Dr. T.K. Jain. AFTERSCHOOOL Centre for social entrepreneurship Bikaner M: 9414430763 [email protected] www.afterschool.tk www.afterschoool.tk www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is hire purchase? A
type of contract of sale – where property transfers to the buyer on payment of total price (in instalments).
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can sale be about future goods? Yes
– under sale of goods act 1930
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Are immovable goods covered under sale of goods act? No.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are implied conditions? Conditions
to title Condition that goods must be as per description / sample and in case of sale by describption & sample – the goods must be as per description & sample. Conditions that goods must be fit for use.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is a warranty? A
stipulation, which is not essential, but collateral to the main purpose of the contract, if proves false, gives the buyer the right to claim damages only.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Are growing crops and grass goods under sale of goods act? Yes.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can a seller stop the goods in transit (which have been sent to buyer)? Yes
– if he has not received the payment and the buyer has become insolvement.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is caveat emptor? Let
the buyer beware
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
When is caveat emptor not applicable? Sale
by sample Sale by description Sale by brand name
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
An unpaid seller has right against? Buyer
and goods both.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Contract of sale is executory or executed contract? Both
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Which of the following are title to goods? Railway receipt 2. Invoice 3. Warehouse’s receipt / certificate 4. Wharfinger’s certificate Answer: all. 1.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can there be implied condition? Yes
both condition and warranties are both implied and express. Implied conditions include condition to title of goods, sale by description, sale by sample, fitness for use etc.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is delivery? Voluntary
transfer of goods from one person to another.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is agreement to sell? A
contract for sale of goods which provide that the property would pass to the buyer on full payment of price and execution of sale deed.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Can seller resell the goods?
2. 3. 4. 5.
Yes in some cases only – these cases are : Goods are perishable Seller has given notice to buyer Seller has reserved the right to resell The buyer has not made the payment in a reasonable time.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is right to lien? The
right of seller to retain the possession of the goods.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are rights of unpaid seller? 1. 2. 3.
Right to lien Right to stop the goods in transit Right to resell the goods
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is quasi contract? A
contract under which we assume that there is implied contract between the 2 parties. It may be any circumstance due to which there is quasi contract (though both the parties may not know each other) – for example finder of lost goods has quasi contract with owner.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What is essential test of partnership? There
must be an agreement between 2 or more parties to share profit / loss and to create mutual agency relation amoung themselves.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are rights of partner? Right
to see the accounts Right to get information Right to be indemnified Right to prevent entry of new partner Right to get interest on loan extended to partnership firm (@6%). Equal share in profit (if no other share is decided). www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Does a partner has right to remuneration? No
(he may get if agreed).
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Does a partner has right to start competing business? No.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I agree to sell wool to Mr. Ali of Karachi and to supply goods by December. Suddenly war (between India Pakistan) breaks out. I am not able to sell the goods. What is remedy with Ali? Ali
has no remedy – because war is an exceptional situation.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Gautam has a cow, which he gives to me to keep. (I am gratuitous bailee). After 6 months he returns back from world tour and takes away the cow. The cow has a calf also in this period. Should I return calf also? Yes
I am bound to return the calf as well.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I sell a car to you and put a condition that you cant sell the car further. Is it valid contract? You
can buy the car – but you cannot be bound not to sell the car – you may sell it if you like.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I have sold my car to you. The price is not yet fixed. Is it a valid contract? Yes.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram is selling milk @ 10000 per liter. General price is Rs. 15 per liter. Hari buys from Ram 1 liter. Is it a valid contract? Yes
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram sells goods to Rishabh and tells Rishabh that price will be fixed by Gautam. Is it a valid contract? Yes
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram sells Rishabh’s car to Goutam in front of Rishabh and Rishabh did not speak. Now can Rishabh recover his car? Buyer
will get good right by estoppel rule so Rishabh cannot recover the car now.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I purchase cement from Ram. I accepted the goods and store them Later it becomes stone. What remedy do I have? No
rememedy
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I purchase cement from Ram. I rejected the goods after 4 days (till that time goods were in my godown) What remedy do I have? I
can return the goods as I have not yet sent my confirmation and Ram will have to accept the goods as property has not yet passed to me – if it is sale on approval basis. If it is clear sale (not on sale on approval basis), then I don’t have remedy.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
I purchase cement from Ram. I neither accepted nor rejected the goods after 14 days (till that time goods were in my godown), now goods become stone, What remedy do I have? I
will have to retain the goods and bear the burden as reasonable time has already elapsed.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
A,B,C start partnership. A becomes insane. What will happen? Partnership
www.afterschoool.tk
will get dissolved.
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Under which contract, there is an obligation created by law? Quasi
contract
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
An agreement enforceable by law is called? Contract
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Who cannot make a contract? Minor A
person of unsound mind A person disqualified by law
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram agrees to sell goods to Mohan either at Rs. 500 or at Rs. 800. Is this contract valid? Yes.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram agrees to sell his house (which is worth Rs. 50 lakh) to Shyam for Rs. 500. Is it a valid contract? Yes
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Ram makes an agreement with shyam, under which Shyam agrees to close down his business. Is it a valid contract? No
– all such contracts which are in restrain of trade are invalid contract.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
What are rights of partner? Right
to see the accounts Right to get information Right to be indemnified Right to prevent entry of new partner Right to get interest on loan extended to partnership firm (@6%). Equal share in profit (if no other share is decided). www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
ABO UT A FTERSCH OOO L 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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
About AFTERSCHOOOL 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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Workshops from AFTERSCHOOOL
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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 Indepth knowledge and expertise Professional approac: World class approach Strong intellectual and business capabilities 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 www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS 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)
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Branches AFTERSCHOOOL
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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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.
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
Basic values at afterschoool
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 only
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
www.afterschoool.tk social entrepreneurship for better society
www.afterschoool.tk
AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS
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