The book has been written keeping in mind the students of Business Law. A course on Business Law is a core input in almost all the syllabi of MBA / PGDM. It is imperative and essential for all the business executives to have a basic knowledge and understanding of the main provisions of the respective laws which frequently affect their areas of operation. Additionally, this subject is studied by the students of all the traditional as well as professional courses of the commerce stream – M Com, B Com, CA, ICWA, CS etc. This book is written in a very lucid, conversational and easy-to-understand style, keeping in view the non-legal background of most of the students. It is a comprehensive and consolidated book on business law, containing the chapters pertaining to almost all the main topics pertaining to the subject.

Competence to Contract Chapter 5 : Free Consent Chapter 6 : Lawful Consideration Chapter 7 : Lawful Object Chapter 8 : Agreements Expressly Declared as Void; Contingent Contract; and Quasi-Contract Chapter 9 : Performance of Contracts Chapter 10: Discharge of Contracts Chapter 11: Remedies for Breach of Contract Chapter 12: Contracts of Indemnity and Guarantee Chapter 13: Contract of Bailment Chapter 16: Contract of Pledge Chapter 15: Contract of Agency PART II: LAW OF NEGOTIABLE INSTRUMENTS Chapter 16: Introduction to Law of Negotiable Instruments Chapter 17: Promissory Notes Chapter 18: Bills of Exchange Chapter 19: Cheques and Bank Drafts Chapter 20: Endorsements Chapter 21: Miscellaneous Legal Provisions on Negotiable Instruments Chapter 22: The Paying Banker Chapter 23: The Collecting Banker PART III: LAW OF SALE OF GOODS Chapter 24: Contract of Sale of Goods Chapter 25: Law of Sale of Goods; and Pricing of Goods Chapter 26: Conditions and Warranties Chapter 27: Transfer of Property (Title) in Goods Chapter 29: Rights of Unpaid Seller; and Sale by Auction PART IV: LAW OF PARTNERSHIP Chapter 30: Essential Elements of Partnership Chapter 31: Essential Elements of Partnership Chapter 32: Rights, Duties, and Liabilities of Partners Chapter 33: Dissolution of Partnership PART V: LAWS OF EMPLOYEES BENEFIT Chapter 34: Law of Payment of Bonus Chapter 35: Law of Payment of Gratuity Chapter 36: Law of Minimum Wages PART VI: LAW OF CONSUMERS PROTECTION Chapter 37: Definitions and Rights & Protection of Consumers Chapter 38: Remedies and Relief Available to Consumers PART VII: LAW OF COMPANIES Chapter 39: Nature of Companies Their Types and Formation Chapter 40: Memorandum and Articles of Association Chapter 41: Share Capital and Debentures, Equitable Mortgage, and Registration of Charges Chapter 42: Management of Company Chapter 43: Winding-up and Dissolution of Companies PART VII: LAW OF INDUSTRIAL DISPUTES Chapter 44: Object, Scope, and Definitions Chapter 45: Strikes and Lockouts, Lay Off, Retrenchment, and Closure