MODULE:1 INTRODUCTION TO BUSINESS LAW

MODULE:2 THE INFORMATION TECHNOLOGY ACT, 2000

MODULE:3 THE COMPETITION ACT, 2002

MODULE:4 THE RIGHT TO INFORMATION ACT, 2005

MODULE:5 THE CONTRACT ACT, 1872

MODULE:6 SALE OF GOODS ACT, 1930

MODULE:7 THE CONSUMER PROTECTION ACT, 1986

MODULE:8 INDIAN PATENT LAWS AND WTO PATENT RULES

MODULE:9 FOREIGN EXCHANGE MANAGEMENT ACT, 1999 and THE PREVENTION OF MONEY LAUNDERING ACT, 2002

MODULE:10 INDIAN COMPANIES ACT, 1956

MODULE:11 WOMEN AND HUMAN RIGHTS AT WORKPLACE

MODULE:11 ENVIRONMENT PROTECTION ACT, 1986

INDEX

Orderly conduct of human behaviour is the touchstone of Law, Mortality ensures self-control, whereas law regulates social control. If every individual in the society practice mortality, then there is no need for law. It cannot be possible because the universe consists of equal number of saints and sinners and that way, It is balanced. Law provides the rules of the game for the individuals in the civilised society. The journey of life of a mortal form womb to tomb is comprehensively governed, guided, and directed by law of the land.

Business Law is a part of general law, wherein the orderly conduct of business affairs is ensured by it. Our country is gifted with creative and innovative entrepreneurs like Ratan Tata, Brijmohanlal Munjal of Hero Honda, Narayanmurthy of Infosys, Azim Premji of Wipro, Shivnadar of HCL, Kiran Mazumdar Shaw of Biocon Limited, Karshanbhai Patel of Nirma Industries, Mukesh and Anil Ambani of Reliance Group and host of others. These established stars and best brains of India possess entrepreneurial skill and business acumen, but certainly they are not familiar with business laws, for sure. They have to avail the services of legal luminaries at all point of time, because business and law are inseparable.

To develop a textbook that would stand out in an extremely competitive and discerning market, it was important to produce a high quality book that would be comprehensive and flexible. It was felt that a text book entitled Legal Aspects of Business - Text and Cases, shall to be delivered to the beginners and vigorous readers of Business Law of national and international importance.

One of the function of this text is to introduce the student to various topics in law important to business people, to familiarise the student with common problems, and teach the student when to consult with a lawyer before taking any action. Of course, no one is a walking encyclopedia of the law. For this reason, it will probably be useful for you to keep this text after you have completed your management course. When a problem arises, you can refer to the text to refresh your memory of legal terminology.

The entire text book is presented in twelve modules ranging from Introduction to Business Law, to IPR, Cyber Law, RTI, Contract Act, Companies Act, Human rights, Competition Laws and Environment Laws. Each module is pregnent with rich contents, meticulourly arranged case laws of supreme Court, High Courts and International Conventions. As a ready reconer, the present book caters to the needs of business people, teachers, student, professionals and lay persons. For easy understanding of legal concepts and jargons, paragraph summary is provided at appropriate places. The meticulous arrangement of the contents serves the purpose of this book. We invite constructive suggestions from the reading community for further improvement of the book.