The Second revised and enlarged edition of the book entitled “Legal Systems in Business”. The book contains 38 chapters in which 22 chapters of Law of Contract and Special Contracts in Volume I, 9 chapters of Company Law in Volume II and 7 chapters of Other Laws in Volume III. The new edition attempts to present the ‘Law of Contract’ in which the General Principles of Law of Contracts, the ‘Company Law’, the Labour Law and the ‘Other Laws’ in a way that makes the subject easily intelligible even to a non-specialist.

The salient features of this revised edition are as follows:
The Company Act, 2013 (Schedules) has been thoroughly updated and amended up to 2020 to our esteemed readers.
The Designs Act, 2000 has been included in the Intellectual Property Rights.
The Contract Labour (Regulation and Abolition) Act, 1970 has also been including under Labour Laws.
The Securities and Exchange Board of India Act, 1992 has been provided as a separate chapter under Other Laws.
The intricate points of law have been illustrated by examples, and the subject has been dealt with by topics rather than in the strict order of Sections in the various Acts.
The book shows how the principles of law are applied to the problems which arise in day-to-day conduct of business.
It gives a summary of important provisions at the end of each chapter so that the readers can recapitulate what he has learnt.
Although a sincere attempt has been made to ensure that this book is absolutely devoid of errors, some may have inadvertently crept in. The feedback of the readers in this regard would be highly appreciated and will go a long way in the enhancement and improvement of the book in subsequent editions.

Contents :

Volume I – Law of Contract

Introductory
Part One – General Principles of Law of Contract
Nature of Contract
Offer and Acceptance
Consideration
Capacity to Contract
Free Consent
Legality of Object
Void Agreements
Contingent Contracts
Performance of Contract
Discharge of Contract
Remedies for Breach of Contract
Quasi-Contracts
Part Two – Special Contracts
Indemnity and Guarantee
Bailment and Pledge
Contract of Agency
Sale of Goods
Conditions and Warranties
Transfer of Property
Performance of Contract
Rights of an Unpaid Seller
Partnership Act
Negotiable Instruments
Volume II – Company Law

Nature of Company
Kinds of Companies
Formation of Company
Memorandum of Association
Articles of Association
Prospectus
Management of the Company
Accounting and Audit
Winding Up of Companies – Different Models of Winding Up
Volume III – Other Laws

The Consumer Protection Act, 1986
The Competition Act, 2000
The Information Technology Act, 2000
The Intellectual Property Rights
The Foreign Exchange Management Act, 1999
Labour Laws
The Securities and Exchange Board of India Act, 1992