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Legal Aspects of Business


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Legal Aspects of Business is an inportant constituent of the business and corpotate environment. No corpotate entity can effectively work and survive without meeting legal obligations. The law relating to contracts is perhaps the most significant and all pervasive amongst the various Business Regulatory Framework.

Legal Aspects of Business covers the legal and regulatory aspects of formation and discharge of Contracts, Sale of Goods, Negotiable Instruments, Consumer Protection, Competition Act, Right to Information Act, Information Technology, Foreign Exchange Management, Environment Protection, etc.

The Indian Contract Act, 1872 which governs contract in India is the earliest piece of legislation which the country has produced. Since the book is meant for students of Law, Commerce and Mangement Institutes, the authors have dealt with the provisions of the Act topic wise for facilitating better understanding of the subject. Examples, case laws etc. have been given to illustrate the provisions of the Act. Suitable headings and subheadings have been given to focus the attention of the reader on impotant aspects of company law.

The chapter arrangement in this text have been made in a systematic and logical way with examples, illustrations and charts. The important judicial decisions on the various issues have also ben included. It is a very useful book, not only to the students of B.Com., BBA, M.Com., and MBA courses but also the professionals and consultants.



1. Law of contract
2. Offer and Acceptance
3. Consideration and Capacity
4. Free Consent
5. Object and PUblic Policy
6. Contingent and Quasi Contracts
7. Discharge and Performance of Contract
8. Breach of Contract and Remedies
9. Contract of Agency
10. The Sale of Goods Act, 1930
11. The Negotiable Instruments Act, 1881
12.Nature and Kinds of Company
13. Formation and Incorporation of Company
14. Memorandum of Articles
15. Memorandum of Association
16. Prospectus
17. Powers, Duties and Liabilities of Directors
18. Winding Up
19. Corporate Governance
20. The Factories Act, 1948
21. The Payment of Wages Act,1936
22. The Payment of Bonus Act, 1985
23. The Industrial Disputes Act, 1947
24. The Income Tax And




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G. Kavitha,

Prof. P. Saravanavel


Himalaya pub