Dr. Hema Harsha, Associate Professor at Birla Institute of Management, Bengaluru, delivered a comprehensive session exploring key areas of Indian business law for the PGDM students. She began with the Indian Contract Act, 1872, highlighting the essentials of enforceable agreements, the elements of a valid contract, and legal remedies available in case of breach.
Dr. Harsha then provided an overview of the Companies Act, focusing on company formation, the significance of the Memorandum and Articles of Association, directors’ responsibilities, and the legal rights of shareholders. She emphasized the importance of well-drafted legal documentation—including contracts, resolutions, and constitutional documents—for ensuring corporate clarity and compliance.
The session concluded with an in-depth discussion on Intellectual Property Rights (IPR), covering trademarks, copyrights, patents, industrial designs, and trade secrets. She explained the procedures for registration, the scope of protection, enforcement mechanisms, and the strategic role of IPR in protecting innovation and enhancing business value.
The session offered students valuable legal perspectives relevant to the business world and reinforced the importance of legal literacy for future managers and entrepreneurs.