Legal Aspects of Business

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Legal Aspects of Business is a comprehensive text on the subject tailored to meet the longstanding needs of MBA, M.Com, PGDBM, BBA, B.Com, and other degree and diploma programmes in Commerce and Business offered by various universities and institutes. The legislations covered in this book include the Indian Contract Act, 1872; the Sale of Goods Act, 1930; the Partnership Act, 1932; the Negotiable Instruments Act, 1881; the Companies Act, 1956; the Consumer Protection Act, 1986; the Securities and Exchange Board of India Act, 1992; the Information Technology Act, 2000; and the Right to Information Act, 2005. The book has been written from an Indian perspective to explain the core concepts of business laws in a logical, concise, and yet illustrative manner. Landmark legal cases have been added to supplement and illustrate the technical aspects of the subject matter. Basic principles of business law have beenpresented in an interesting and lively manner. Pedagogical features such as chapter objectives, end-of-chapter summary, objective-type questions, problems, and review exercises enhance the utility of this book as a text on legal aspects of business. Key Feature Coverage of all relevant Acts for a complete course on business law More than 100 exhibits to provide a glance of various enactments Over 250 real-life cases for a hands-on approach Pedagogical features that aid learning and test conceptual understanding Table of Contents Part I: The Indian Contract Act 1872 1. Establishing the Contract 2. Offer and Acceptance 3. Consideration 4. Competency of Parties 5. Free Consent 6. Legality of Object 7. Void Agreements 8. Contingent Contracts 9. Performance and Discharge of Contracts 10. Remedies for Breach of Contract 11. Indemnity and Guarantee 12. Bailment and Pledge 13. Agency Part II: The Sale of Goods Act 1930 14. Nature of Contract of Sale 15. Conditions & Warranties 16. Transfer of Ownership and Delivery 17. Rights of Unpaid sellers Part III: The Indian Partnership Act 1932 18. Nature of Partnership 19. Formation of Partnership Firm 20. Rights, Duties, and Liabilities of Partners 21. Dissolution of Firm Part IV: The Negotiable Instruments Act 1881 22. Nature of Negotiable Instruments 23. Parties to a Negotiable Instrument 24. Negotiation of Negotiable Instruments 25. Presentment of Negotiable Instruments 26. Dishonour of Negotiable Instruments 27. Miscellaneous Provisions Part V: The Companies Act 1956 28. Nature and Kinds of Companies 29. Formation of a Company 30. Company Management 31. Company Meetings 32. Winding up of a Company Part VI: Other Business Legislations 33. The Consumer Protection Act 34. The Securities and Exchange Board of India Act, 1992 35. The Information Technology Act, 2000 36. The Right to Information Act, 2005 Guide to Case Citations Annexure