Legal Environment for Business in Nepal

Nature, Types and Sources of law; Legal Environment of Business: Concept andimportance of legal environment for business; Meaning and sources of business law in Nepal.

Meaning and definition of contract; Essential elements of a valid contract; Classification of contract; the law relating to contract in Nepal (Part-V of the Muluki Civil Code, 2074).

Contract of Agency 4 LHs Meaning and general rules of agency; Modes of creating agency; Types of agents; Rights and duties of agent; Responsibilities of principal; Personal responsibility of agent;Termination of Agency Contract of Sale of Goods 4 LHs Meaning and feature of contract of sale of goods; Difference between sale and agreement to sell;Implied Condition and warranty, and caveat emptor; Transfer of ownership; transfer oftitle by non-owner; Rights and duties of unpaid seller. Contract of Carriage 4 LHs Meaning and nature of Contract of Carriage; Characteristics of Common Carrier;Difference between Common and Private Carrier; Rights, duties and liabilities of Common Carrier; Carriage by land; Carriage by Sea (Contract of Affreightment: Charterparty and Bill of Lading), and Carriage by air; Incoterms 2020: A brief introduction

Company: Meaning, nature and incorporation of company; Insolvency: Meaning andProcedure of insolvency of a company; Liquidation of a Company; Power and role of theLiquidator; Nepalese law of Insolvency and feature of Insolvency Act.

Changing dimensions of legal environment of business in Nepal; Laws relating toIntellectual Property Rights; Right to Information; Cyber Law; Consumer Protection;Environment Protection; Ethics essentials - business ethics issues in Nepal.

The Dispute Settlement Systems; Court system: structure and jurisdiction of courts andcivil procedures in Nepal; Arbitration: powers of arbitrator, duties of arbitrator, revocation of arbitrator's authority.