This book explains the legal aspects of the different business laws of the land to help students understand and gain knowledge of the legal environment in which the businesses operate. The knowledge of the business laws is of paramount importance to every business manager and chartered accountant, who both need to regularly deal with legal matters requiring a deep understanding of laws. This book is specifically designed to introduce the students to the legal environment by discussing such topics as the Law of Contracts, The Sales of Goods Act, 1930, The Negotiable Instruments Act, 1881, the Law of Insurance, the Company Law, The Factories Act, 1948, The Industrial Disputes Act, 1947, The Trade Unions Act, 1948, The Minimum Wages Act, 1948, The Employees’ State Insurance Act, 1948, The Consumer Protection Act, 1986, The Pollution Control Acts, 1974 and 1981, and the other important legal issues. The book presents a systematic and in-depth treatment of the various Acts in a concise, lucid and illustrative manner, using several suitable practical examples and studies of different law cases with a view to making the subject more intelligible, interesting and authentic. Review questions and practical assignments provided at the end of the chapters are designed to help the students grasp and apply the provisions of different Acts. The book is primarily designed to serve the need of a text for B.Com. students. It would equally be useful to BBA and MBA students and those pursuing professional courses at The Institute of Chartered Accountants and The Institute of Company Secretaries, besides meeting the growing needs of aspirants preparing for competitive examinations.
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