This book is a comprehensive & authentic book on the following Business Laws:
Indian Contract Act, 1872 including Discharge of Contract & Remedies for Breach and Introduction of Special Contracts
Sale of Goods Act, 1930
Limited Liability Partnership Act, 2008
This book aims to impart the basic working knowledge of important business laws relevant to general business activities in physical & virtual spaces, along with relevant Case Laws.
This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the following:
B.Com. (Prog.) Core Paper BC: DSC 1.2 based on Undergraduate Curriculum Framework (UGCF) for Delhi University
Non-Collegiate Women's Education Board
School of Open Learning of the University of Delhi
Various Central Universities throughout India
BBA, MBA, CA-Intermediate (IPC), Company Secretaries courses
The Present Publication is the 8th Edition, authored by Sushma Arora, with the following noteworthy features:
[Simple & Systematic Presentation] The subject matter is presented in a systematic & straightforward method, along with a comprehensive explanation
[Examples & Case Studies from Landmark Ruling] This book offers comprehensive coverage of business laws with interesting examples/case studies derived from landmark rulings. It also covers Case Laws recommended by the Department of Commerce, Delhi University
[Chapter-wise Case Laws] with judgements have been provided at the beginning of the book
[Test Questions, Practical Problems & True/False Statements with Hints] are given at the en... See more
This book is a comprehensive & authentic book on the following Business Laws:
Indian Contract Act, 1872 including Discharge of Contract & Remedies for Breach and Introduction of Special Contracts
Sale of Goods Act, 1930
Limited Liability Partnership Act, 2008
This book aims to impart the basic working knowledge of important business laws relevant to general business activities in physical & virtual spaces, along with relevant Case Laws.
This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the following:
B.Com. (Prog.) Core Paper BC: DSC 1.2 based on Undergraduate Curriculum Framework (UGCF) for Delhi University
Non-Collegiate Women's Education Board
School of Open Learning of the University of Delhi
Various Central Universities throughout India
BBA, MBA, CA-Intermediate (IPC), Company Secretaries courses
The Present Publication is the 8th Edition, authored by Sushma Arora, with the following noteworthy features:
[Simple & Systematic Presentation] The subject matter is presented in a systematic & straightforward method, along with a comprehensive explanation
[Examples & Case Studies from Landmark Ruling] This book offers comprehensive coverage of business laws with interesting examples/case studies derived from landmark rulings. It also covers Case Laws recommended by the Department of Commerce, Delhi University
[Chapter-wise Case Laws] with judgements have been provided at the beginning of the book
[Test Questions, Practical Problems & True/False Statements with Hints] are given at the end of each chapter to provide students with thorough practice in solving examination question
[Previous Exam Question Papers] for the last few years are covered at the end of the book. This will help the students to have a clear idea of the questions usually asked. The following question papers are covered:
o B.Com. (Prog.) CBCS/SEM-II, (May-June 2016)
o B.Com. (Prog.) CBCS/SEM-II, (May-June 2017)
o B.Com. (Prog.) CBCS/SEM-II, (May-June 2018)
o B. Com. (Prog.) CBCS/SEM-II, (May-June 2019)
o B.Com. (Prog.) CBCS/SEM-II, (August 2020)
o B.Com. (Prog.) CBCS/SEM-II, (August 2022)
[Student-Oriented Book] This book has been developed keeping in mind the following factors:
o Interaction of the author/teacher with their students in the classroom
o Shaped by the author/teachers' experience of teaching the subject matter at different levels
o Reactions and responses of students have also been incorporated at different places in the book
[Amended & Updated]The following amendments have been included in this book:
o Limited Liability Partnership Act, 2008 ('LLP Act')
§ The chapter on LLP Act has been updated as per the Limited Liability Partnership (Amendment) Act, 2021
§ A new concept of small LLP w.e.f. from 1st April 2022 has been inserted in Chapter 19
§ Amendment in LLP Incorporation Process & other Major Amendments as per LLP (Second Amendment) Rules, 2022 has been incorporated in Chapter 20
§ Penalty provisions under LLP (Amendment) Act, 2021 have been added in Chapter 21
§ Revised fee norms notified in LLP (Amendment) Act, 2022 have been added at the end of Unit 5
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Contents of this book are as follows:
Indian Contract Act, 1872
o ICA, 1872: Nature, Meaning, Essentials and Kinds of Contract
o ICA, 1872: Offer & Acceptance
o ICA, 1872: Consideration
o ICA, 1872: Competency of the Parties to Contract
o ICA, 1872: Free Consent
o ICA, 1872: Legality of Object & Consideration
o ICA, 1872: Void Agreements & Contingent Contracts
o ICA, 1872: Quasi Contracts
o ICA, 1872: Discharge of Contract
o ICA, 1872: Remedies for Breach of Contract
o ICA, 1872: Indemnity & Guarantee
o ICA, 1872: Contract of Bailment & Pledge
o ICA, 1872: Contract of Agency
Sale of Goods Act, 1930
o Sale of Goods Act, 1930: Nature & Formation of Contract of SaleSale of Goods Act, 1930: Condition & Warranties
o Sale of Goods Act, 1930: Transfer of Property
o Sale of Goods Act, 1930: Performance of Contract of Sale
o Sale of Goods Act, 1930: Unpaid Seller & His Rights
Limited Liability Partnership Act, 2008
o Introduction of LLP: Nature & Scope
o Formation & Incorporation of LLP
o Partners & their Relations in LLP
o Conversion to LLP
