Book Content of Business Law for Management

Introduction
PART-I
SECTION 1
LAW OF CONTRACT
Introduction

Essential elements of a contract
Agreements and contracts
Proposal
Acceptance
Consideration and legality of the object and consideration
Capacity to contract
Free consent
Void agreements
Communication
Contingent contracts
The performance of contracts and Appropriaction of payments
Certain relation resembling those created by contract
Discharge of contract
Breach of contract- Consequences and remedies

SECTION 2
LAW OF INDEMNITY and GUARANTEE, BAILMENT and PLEDGE AND LAW OF AGENCY

Indemnity and guarantee
Bailment and pledge
Law of Agency

SECTION 3
LAW OF SALE OF GOODS

Preliminary
Contract of sale-Formation of the contract
Conditions and warranties
Effects of the contract
Performance of the contract
Unpaid seller
Suits for breach of the contracts and auction sales

SECTION 4
LAW OF PARTNERSHIP
Introduction

Nature of partnership
Relation of partners to one another and to third parties
Minor?s position in partnership
Incoming and outgoing partners-Reconstitution of a firm
Dissolution of a firm
Registration of firm

SECTION 5
LAW OF NEGOTIABLE INSTRUMENTS

Preliminary
Promissory notes, bills of exchange, bills in sets, cheques and crossed cheques
Parties to negotiable instruments
Negotiation and endorsement
Presentment
Discharge of parties from liability
Operational rules of evidence-Presumptions as to negotiable instruments
Dishonour of cheques

SECTION 6
COMPANY LAW

Incorporation of companies
Memorandum of Association and Articles of Association
Membership of a company
Prospectus
Issue of capital
Loans, investments, deposits and charges
Meetings
Accounts and Auditors
Investigations
Management
Contracts
Oppression and mismanagement
Amalgamation, reconstructions, arrangements and compromises

SECTION 7
LAW OF SECURITIES AND STOCK EXCHANGE

Introduction
Establishment of the Securities and Exchange Board of India
Registrations, finance, accounts, audit and powers of Central Government
Adjudication and penalties
Securities Appellate Tribunal
Prohibition of manipulative and deceptive devices, insider trading, fraudulent and unfair trade practices relating to securities markets
Stock Exchanges


PART II
SECTION 1
LAW OF RESTRICTIVE TRADE PRACTICES AND UNFAIR TRADE PRACTICES

Introduction
Restrictive trade practices
Control of certain restrictive trade practices
Unfair trade practices
Maintaining resale prices
Offences and penalties

SECTION 2
LAW OF THE FOREIGN EXCHANGE MANAGEMENT

Introduction
Regulation and management of foreign exchange
Directorate of Enforcement, adjudication and appeal
Penalties
Miscellaneous

SECTION 3
PATENT LAW

Introduction
Inventions not patentable
Applications for patents
Procedure for grant of patents
Patents of addition
Working of patents, compulsory licences and revocation
Restoration of lapsed patents
Surrender and revocation of patents
Infringement and remedies

SECTION 4
LAW RELATING TO SICK INDUSTRIAL COMPANIES

Introduction
Sick Industrial Company
Board for Industrial and Financial Reconstruction & Appellate Authority
References, inquiries and schemes

SECTION 5
LAW RELATING TO CONSUMER PROTECTION Introduction

Consumer and consumer dispute
Consumer Protection Councils
Consumer Disputes Redressal Agencies

SECTION 6
LAW RELATING TO ENVIRONMENTAL POLLUTION and PROTECTION

Introduction
Protection of environment

SECTION 7
LAW ON ESSENTIAL COMMODITIES

Introduction and Objects
Power to control production, supply, distribution etc. of essential commodities
Offences and penalties

SECTION 8
LAW OF INFORMATION TECHNOLOGY Introduction

Digital Signature
Electronic governance
Electronic records
Controller & Certifying Authorities
The Cyber Regulations Appellate Tribunal

SECTION 9
LAW OF COMPETITION ACT,2002 Law of Competition

"Business Law for Management" has been penned with particular concentration on presenting the commercial law to the readers in simplified and codified form. It is aimed to be of utility in day to day application of law by the Executives and professionals, students and every individual whether a businessman or a consumer, industrialist or a trader, professional or a laymen, exporter, law enforcer, all will find this book of day to day use.

For any legal pursuit, basis and foundation of commercial law has to be firm and strong. This Book is just an ideal reading material to all open to business environment. The 15th Edition of the book on Business Law had foreword by Mr.Justice Lentin. The first Edition of this book had foreword by chief Justice Mr. Y.K.Sabharwal. The second edition of the book had foreword written by the then Chief Justice of Bombay High Court Mr.Justice C.K. Thakkar.

This book is bound to open up the horizons of the reader and acclimatise him to the legal concepts theoretically and practically. Basis of law is to be known by one and sundry for ignorance of law is no excuse. The book therefore deals with the essential aspects of the commercial law, in daily use, in a lucid language, easy to understand and grasp. All Sections and Rules are discussed under suitable headings topic wise. With important and recent judicial decisions discussed at appropriate places, this book is commended to one and all in the following words of Justice Lentin (Retd.) and the former Chief Justices of Bombay High Court.
"The language is simple, the material well cohesed and the presentation lucid."Mr. Justice B. Lentin.
"extremely useful book, which comprehensively provides to students and professionals in depth study of relevant provisions of various Acts in one text." Mr.Justice Y.K. Sabharwal, former Chief Justice, Bombay High Court.
"The author has rightly stated "Lucidity and simplicity have been adopted without sacrificing the essentialities" Mr.Justice C.K. Thakkar, Chief Justice, Bombay High Court.
This book, like earlier editions of the book on Business Law which dealt with some of the commercial statutes like Law of Contract, Law of sale of Goods, Law like Restrictive Trade practices and Unfair Trade practices, Foreign Exchange, Securities and stock Exchange, Law of patents, Law relating to sick Industrial Companies, Companies Consumer protection, Environment protection, Essential Commodities, Law on Information Technology and Competition Act.
Mr. Bulchandani wishes his readers an interesting and enjoyable journey through this treaties