International Business Laws

Paper Code: 
EMI 622
Credits: 
4
Contact Hours: 
60.00
12.00
Unit I: 
Legal Framework of International Business:

Nature and complexities; Code and common laws and their implications to business; International business contract – legal provisions; Payments terms; International sales agreements; Rights and duties of agents and distributors.

12.00
Unit II: 
Regulatory Framework of WTO:

Basic principles and charter of GATT/WTO; GATT/WTO provisions relating to preferential treatment of developing countries; Regional groupings, subsidies, technical standards, antidumping duties and other non-tariff barriers, custom valuation and dispute settlement; Implications of WTO to important sectors – GATS, TRIPs and TRIMs.
 

12.00
Unit III: 
Regulations and Treaties Relating to:

Licensing; Franchising; Join Ventures, Patents and trade marks; Technology transfer, Telecommunications. Frame work relating to Electronic Commerce.

12.00
Unit IV: 
Regulatory Framework and Taxation :

Electronic Commerce – Cross Border Transactions – On-line Financial Transfers – Legal Safeguards – International Business Taxation – Tax Laws – Multilateral and Bi-lateral treaties – Sharing of Tax revenues

12.00
Unit V: 
Indian Laws and Regulations Governing International Transactions:

FEMA; Taxation of foreign income; Foreign investments; Setting up offices and branches abroad; Restrictions on trade in endangered species and other commodities.

 

* A minimum of one case study will be discussed per unit of the syllabi.

References: 

Text Books:

  1. Daniels, John, Emest W. Ogram and Lee H. Redebungh: International Business, Environments and operations.
  2. Lew, Julton D.M and Clive Stand brook (eds), International Trade Law and Practice, Euromoney Publications, London..
  3. Schmothoff C.R: Export Trade – The Law and Practice of International Trade

Suggested Readings:

  1. Motiwal OP, Awasthi HIC: International Trade – the law and practice; Bhowmik and Company, New Delhi..
  2. Kapoor ND: Commercial Law; Sultan Chand & Co., New Delhi.