Business Law

Business Law
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Business Law

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Publisher: PHI Learning
ISBN: 9788120335301
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About The Book Business Law
Book Summary:

This book explains the legal aspects of the different business laws of the land to help students understand and gain knowledge of the legal environment in which the businesses operate. The knowledge of the business laws is of paramount importance to every business manager and chartered accountant, who both need to regularly deal with legal matters requiring a deep understanding of laws.

This book is specifically designed to introduce the students to the legal environment by discussing such topics as the Law of Contracts, The Sales of Goods Act, 1930, The Negotiable Instruments Act, 1881, the Law of Insurance, the Company Law, The Factories Act, 1948, The Industrial Disputes Act, 1947, The Trade Unions Act, 1948, The Minimum Wages Act, 1948, The Employees State Insurance Act, 1948, The Consumer Protection Act, 1986, The Pollution Control Acts, 1974 and 1981, and the other important legal issues.

The book presents a systematic and in-depth treatment of the various Acts in a concise, lucid and illustrative manner, using several suitable practical examples and studies of different law cases with a view to making the subject more intelligible, interesting and authentic. Review questions and practical assignments provided at the end of the chapters are designed to help the students grasp and apply the provisions of different Acts.

The book is primarily designed to serve the need of a text for B.Com. students. It would equally be useful to BBA and MBA students and those pursuing professional courses at The Institute of Chartered Accountants and The Institute of Company Secretaries, besides meeting the growing needs of aspirants preparing for competitive examinations.


Table of Contents:
contents
Preface Table of Cases
PART ONE: MERCANTILE LAW
Section 1Law of Contracts
0. Introduction
1. Nature of Contracts
2. Offer or Proposal
3. Acceptance
4. Consideration
5. Capacity of Parties
6. Free Consent
7. Legality of Consideration and Object
8. Contingent Contracts and Wagering Contracts
9. Quasi Contracts
10. Performance of Contract
11. Discharge of Contract
12. Remedies for Breach of Contract
Section 2Special Contracts
13. Indemnity and Guarantee
14. Bailment and Pledge
15. Agency
Section 3Other Laws
16. Sale of Goods Act, 1930
17. Negotiable Instruments Act, 1881
18. Partnership
PART TWO: LAW OF INSURANCE
19. Insurance
20. Life Insurance
21. General Insurance
22. Insurance Regulatory and Development Authority (IRDA)
PART THREE: COMPANY LAW
23. Introduction
24. Definition and Nature of a Company
25. Kinds of Companies
26. Formation and Incorporation of a Company
27. Memorandum of Association
28. Articles of Association
29. Prospectus
30. Membership in a Company
31. Share Capital
32. Shares
33. Application and Allotment of Shares
34. Calls and Forfeiture of Shares
35. Share Certificate and Share Warrant
36. Transfer and Transmission of Shares
37. Borrowing Powers
38. Directors
39. Other Managerial Personnel
40. Company Secretary
41. Meetings
42. Dividends
43. Accounts and Audit
44. Supremacy of Majority and Protection of Minority
45. Prevention of Oppression and Mismanagement
46. Compromises, Arrangements and Reconstructions
47. Winding up of a Company
PART FOUR: INDUSTRIAL LAW
48. The Factories Act, 1948
49. The Industrial Disputes Act, 1947
50. The Trade Unions Act, 1926
51. The Minimum Wages Act, 1948
52. The Employees State Insurance Act, 1948
PART FIVE: GENERAL LAW
53. The Consumer Protection Act, 1986
54. Pollution Control Act
Index