Master of Business Laws(MBL)

Overview

The MBL is NLSIU’s flagship distance education degree, and has been offered continuously from 1994. Graduates from this programme are managers and in-house lawyers in the biggest corporations in India.

This programme provides candidates with post-qualification experience the opportunity to enhance their professional skill-set and prepare for leadership positions in the commercial world.

Programme Highlights:

  • Tailored for lawyers and managers at all levels to acquire legal skills and the ability to assess legal risks for better decision making.
  • Introduces students to 10 intersecting sub-disciplines of law including contract law, corporate law, commercial law, intellectual property, banking and investment law.
  • The programme is spread across 2 years and gives learners the flexibility to design their own learning pathway.

Courses

Year 1, Paper I: Contract Law

This course provides an overview of contracts and their significance in a commercial and industrial context. Takes students through a thorough examination of the norms relating to various types of contracts, their formation, termination, breach, and expiry.

The paper consists of the following modules:

Module I: Contract: Concept and its Role in a Developing Society
Module II: Capacity and Consideration
Module III: Free Consent & Public Policy
Module IV: Government and Quasi Contracts
Module V: Discharge of Contract
Module VI: Breach of Contract and Remedies
Module VII: Representative Contracts
Module VIII: Special Contracts
Module IX: E-Contracts

Year 1, Paper II: Banking Law

This course familiarises students with traditional norms of banking law, as well as emerging trends in the sector, and the regulations that govern it. It provides an overview of the banking system and the banker-customer relationship, and examines them as a natural extension of the basic principles of contract law, tort law, property law, company law, and other related areas.

The paper consists of the following modules:

Module I: Understanding The Context
Module II: Central Bank & Its Role
Module III: Regulating Banks
Module IV: Law Of Negotiable Instruments
Module V: Banker and Customer
Module VI: Other Banking Related Laws

Year 1, Paper III: Corporate Law

This course provides students a thorough grounding in corporate laws, and examines newer legislation governing business and commerce, such as the Insolvency and Bankruptcy Code and the Competition Act.

The paper consists of the following modules:

Module I: Formation of a Company
Module II: Characteristics of Corporate Personality
Module III: Management of the Company
Module IV: Corporate Finance and Investor-Protection
Module V: Secretarial functions, Corporate Accounts and Audit
Module VI: Winding Up- The Insolvency and Bankruptcy Code, 2016
Module VII: Competition Act, 2002

Year 1, Paper IV: Industrial Relations Law

The traditional employer-employee relationship is undergoing strain with the emergence of concepts such as the gig economy and ‘work from home’. In addition, the plight of migrants has highlighted the need for change in prevailing industrial laws. This course prepares students to critically examine these areas, as well as to apply their knowledge to the daily governance of businesses.

The paper consists of the following modules:

Module I: Industrial Relations & Contract of Employment
Module II: Trade Union
Module III: Industry & Industrial Disputes
Module IV: Machinery for settlement of Disputes and Collective Bargaining
Module V: Industrial Disputes and State Intervention
Module VI: The Industrial Employment (Standing Orders) Act, 1946
Module VII: Managerial Prerogatives in Industrial Relations
Module VIII: Job Losses Regulations- Chapter VA and VB of the Industrial Disputes Act, 1947
Module IX: Contract Labour (Regulation & Abolition) Act, 1976

Year 1, Paper V: Environmental Law

As the conflict between the industrialised world and our natural environs escalates, it has become critical for business leaders to understand the nuances of running a sustainable commercial operation that does not violate environmental norms. This course provides students an overview of environmental law and regulation governing commerce and industry in India, as well as global agreements and treaties on the subject to which India is a party.

The paper consists of the following modules:

Module I & II: Legal Regime of Pollution Control
Module III: Understanding Biodiversity Law
Module IV: Land Laws
Module V: Law relating to Environment and Industry

Year 2, Paper VI: Investment Laws

Trade in securities, whether through regulated stock exchanges or in transactions involving mergers and amalgamations, and ‘funding’ transactions by private equity and venture fund entities, is an essential component of the modern business world. This course prepares students to understand the world of investment laws.

The paper consists of the following modules:

Module I: History and Development of Securities Market and its Regulation in India
Module II: Primary Market Regulations
Module III: Secondary Market Regulations
Module IV: Cross Border Transactions in Securities
Module V: Investor Protection

Year 2, Paper VII: Insurance Laws

The COVID-19 pandemic has highlighted the criticality and centrality of insurance laws in ensuring business resilience. This paper provides students deep learning in various types of insurance laws and their impact on business.

The paper consists of the following modules:

Module I: General Principles of an Insurance Contract
Module II: Introduction to Life Insurance Contracts
Module III: Introduction to Fire Insurance
Module IV: Marine Insurance
Module V: Health Insurance
Module VI: The Insurance Regulatory and Development Authority Act, 1999 and associated legislations

Year 2, Paper VIII: Law relating to International Commercial Transactions

The law of transnational commercial transactions governs private commercial transactions across national frontiers. In a globalised world, business leaders and managers must understand the legal framework governing this area in thorough detail, and this course helps students do exactly that.

Module I: Introduction
Module II & III: Introduction to Sea Carriage & Carriage of Goods by Sea: The Liability Regime
Module IV: Carriage by Air
Module V: Sale of Goods under Common Law and the CISG
Module VI: Sale of Goods in India
Module VII: International Payment Mechanism
Module VIII: Settlement of International Commercial Disputes

Year 2, Paper IX: Intellectual Property Laws

As software, pharmaceutical patents, and media and entertainment content take centre stage in the world economy, understanding the law relating to the formation, protection, and commercialisation of intellectual property has become vital to running a successful enterprise. This course provides students a deep understanding of such laws in India and across the world.

The paper consists of the following modules:

Module I: Introduction to Intellectual Property
Module II: International Regime Of Intellectual Property Rights
Module III: Law of Copyright and Neighbouring Rites
Module IV: Law of Patents
Module V : Law of Trademarks
Module VI: Geographical Indication
Module VII: Law of Designs
Module VIII: Protection of Plant Varieties and Farmers’ Rights, Semiconductor Integrated Layout Designs, Trade Secrets, Biological Diversity

Year 2, Paper X: Taxes on Corporations and Commodities

As the introduction of the Goods and Services Tax in India has highlighted, tax law and the manner of its implementation has a crucial impact on business strategy, planning, and earnings. This course familiarises students with various aspects of commercial tax laws.

The paper consists of the following modules:

Module I: General Principles of Taxation
Module II: Direct Taxes
Module III: Corporate Tax – I
Module IV: Corporate Tax – II
Module V: Goods and Services Tax Law
Module VI: Customs Duty in India – The Customs Act of 1962
Module VII: International Tax with Special Reference to Taxation of Electronic Commerce

Faculty

Dr. Sairam Bhat

Dr. Sairam Bhat

Professor of Law & Coordinator for Centre for Environmental Law Education, Research and Advocacy and the Environmental Law Clinic

Dr. O. V. Nandimath

Dr. O. V. Nandimath

Professor of Law

Mr. Aditya Kamath

Mr. Aditya Kamath

Dr. V. Nagaraj

Dr. V. Nagaraj

Professor of Law

Dr. M. K. Ramesh

Dr. M. K. Ramesh

Professor of Law

Praveen Tripathi

Praveen Tripathi

Dr. Ashok R. Patil

Dr. Ashok R. Patil

Professor, Chair of Consumer Law and Practice

Prof. Govindraj Hegde

Prof. Govindraj Hegde

Associate Professor of Law
Chair of Ministry of Commerce Chair on International Trade Laws

Prof. (Dr.) T. Ramakrishna

Prof. (Dr.) T. Ramakrishna

Professor of Law & Chair Professor (IPR)

Mr. N. V. L. N. Prasad

Mr. N. V. L. N. Prasad

Fee

For Indian Nationals

Regular Fees (Year 1)
Application fees Rs. 1,500
Admission fees Rs. 2,500
Course fees Rs. 30,300
Total fees Rs. 34,300

 

Regular Fees (Year 2)
Course fees Rs. 30,000
Total fees Rs. 30,000

 

Optional
Printed study material (per year) Rs. 2,500

 

Other fees
Admission late fee Rs. 500
Examination fee Rs. 500 per paper
Examination late fee Rs. 300 per application
Continuation fee Rs. 2,500 per year
Extension fee Rs. 5,000 per year
Re-evaluation fees Rs. 800 per paper

For Foreign Nationals

Regular fees (Year 1)
Application fees Rs. 1,500
Admission fees Rs. 2,500
Course fees Rs. 114,050
Total fees Rs. 117,950

 

Regular Fees (Year 2)
Course fees Rs. 105,000
Total fees Rs. 105,000

 

Postage of printed study materials to address outside India
Courier Charges Rs. 5,000

Financing Options

Financing options are now available for this programme. For more details, click here:

DED Financing Options – MBL, PGDIPRL, PGDMLE, PGDCLCF

 

Apply

Please note the following information regarding eligibility, deadlines for receiving your application, and the method of applying to this programme.

Eligibility

The minimum eligibility for applying for this programme is a graduate degree (in law or other field) from a recognized university.

Students with a degree certificate or its equivalent from any UGC-recognized university, Association of Indian Universities, CA, CS, ICWA, Open University/distance learning can apply. There shall be no restriction as to age,nationality, gender or employment status.

Deadline for receipt of applications

Applicants may submit their applications by August 31, 2020. If your application is received after August 16, 2020 an additional late fee of Rs. 500 would be charged.

How to apply

You may apply to this programme either online, or offline by downloading the form and mailing it to us.

FAQs

These are some commonly asked questions about this programme. For general questions about the NLSIU Distance Progamme, please visit the General FAQs page.

Is MBL equivalent to LL.B.?

No, Degreewise it is not but contentwise it is more than LL.B., minus the Court practical’s.

Is MBL equivalent to LL.M.?

No, Degreewise it is not. All Laws required to be known by a business law consultant / Advisor / Officer, are included in the curriculum.

What are the job opportunities after MBL?

An MBL is always preferred over any other graduate, as he specializes in as many as ten areas which are very pertinent to the business community. She / He can do all the tasks which an LL.B. graduate can do, except appearing in Courts of Law. MBL graduate can be a Law Officer / Legal Assistant / Legal Advisor in all the areas of business requirement.

Is there a time limit for completion of course?

The duration of the course shall be for a period of two academic years.

MBL: M.B.L. is a two year course. Every candidate admitted to the course shall pay the prescribed fees at the time of admission. If a candidate is required to continue the course beyond the second academic year because of his/her non-fulfilment of the prescribed requirements for the award of the degree, he/she will be permitted to continue for the subsequent three academic years or till all the requirements are completed whichever is earlier by paying a continuation fee as prescribed for each year (prevailing fee Rs.2,500/-).

After a period of five years if the candidate is still not able to clear the course s/he may be given an extension of another 3yrs by paying Rs.5,000/- per year for the subsequent three years as extension fee provided, s/he should have cleared 50% of the papers (out of total number of Papers prescribed) from MBL I & IIyr.

At the end of the eighth academic year, if the candidate fails to fulfil all the requirements for the award of the degree, the admission stands automatically cancelled.

Can Part-I and Part-II M.B.L. be taken all together?

Candidates admitted to First Year programme are eligible for promotion to second year even if she/he fails or does not appear for any or all the papers of First year. However at the end of the 1st academic year a candidate has to remit the II year fee prescribed (to be paid between 01st June-31st August) and can continue studies in II MBL. At the end of second year the candidate can appear for First year as well as the Second year Examinations.

What if the candidate does not complete the course in 5 years ?

After a period of five years if the candidate is still not able to clear the course s/he may be given an extension of another 3yrs by paying Rs.5,000/- per year for the subsequent three years as extension fee provided, s/he should have cleared 50% of the papers (out of total number of Papers prescribed) from MBL I & IIyr. At the end of the eighth academic year, if the candidate fails to fulfil all the requirements for the award of the degree, the admission stands automatically cancelled. His performance at the earlier exams is not carried forward. He will have to redo the entire academic exercise prescribed, in the syllabus.

What is Scheme of Examination?

A candidate is expected write the theory Papers (FIVE), each carrying 100 marks (duration 3 hours) in each year.

Admission Status

Open

Duration

2 Years

Number of Courses

10

Course Fee (Indian Nationals)

Rs. 64,300

Course Fee (Foreign Nationals)

Rs. 222,950

Apply Online

OR

Apply Offline