Department of Business and Industrial Law is one of the newly created departments of the Faculty of Law which commenced in the year 2017. It was carved out from the previously existing Department of Private Law till it was renamed the Department of Private and Property Law in the year 2017. All courses that are within the realm of business relationships like the law of contract and obligations, commercial transactions, banking and insurance relations, protection of intellectual property rights and copyright law, Labour and industrial relations law, taxation and corporate governance laws are domiciled there. The courses in the department have a code- LBI signifying Business and Industrial Law. It is an offshoot creation from the Department of Private Law. The Department of Business and Industrial Law thus now caters to courses within the sphere of commercial law, proprietary rights protection, intellectual property and industrial relations legal framework.