Legal Aspects Of Business Akhileshwar Pathak Pdf
Legal Aspects Of Business 2e Paperback Books- Buy Legal Aspects Of Business 2e Books online. Pathak, Akhileshwar: Edition. For free download in PDF.
ISBN: 007068197x Copyright year: 2010 Book Preface Preface We learn the best when we, ourselves, discover ideas, concepts and principles through exploration and application. This makes learning a joy.
This book is committed to making the learning of law engaging and interesting. A description of the early chapters on the contract law could serve as an illustration of the method of the book. Instead of telling students what offer, acceptance and agreement are, and how these constitute the building blocks of the contract law, the opening chapter on a theme presents cases which narrate disputes. The student, in thinking through and settling the disputes, discovers the principles on the theme.
The text and commentary in the chapter confirms the principles derived by the student. Further, references to the Indian Contract Act, 1872 serve two purposes.
Legal Aspects Of Business Akhileshwar Pathak Pdf Free 46.
One, it reassures that the law is only expressing what the student has discovered, and two, it informs the student of the provisions in the law book. The student is now ready to take up advanced cases on the theme, which is again done by only narrating a business context, court case or dispute. The reader sharpens his understanding of the legal principles learnt in the previous chapters, by applying them to the cases.
The following chapter further elaborates on the theme through a review of landmark judgements, commentaries and illustrations. Thus, the student moves from simple to complex cases, and, at each stage, discovers for himself what the subsequent text confirms, elaborates upon and modifies. This method, that of inviting the student to think and engage, is followed in the entire book. Business laws rest on the foundations of contract law. Contract law evolved fi rst. Other business relations, for example, sale of goods, bailment, pledge, guarantee, agency and partnership are specialized forms of contract.
The law for these fields developed by working with the principles of contract law. The book follows the sequence in which the laws evolved. The concepts learnt in one chapter are deployed in the following one, leading to a comprehensive understanding of the special forms of contract. In addition to understanding the legal principles, we are interested in the application of the principles to business practices. Most business organisations have designed or adopted standard conditions of contract.
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The organisation gets in a contract only on the terms in the stated standard conditions of contract. The clauses in a standard conditions of contract are on formation of contract, termination, damages, arbitration, exclusion of liability, quality of goods, delivery and transportation of goods, bank guaranty and modality of payment. The terms are based on the principles of law in the fields of contract, sale of goods, guarantee, bailment and agency. The discovery and discussion of every principle is followed by its implications for the standard contract documents. The principles of contract law and special forms of contract become the basis for the laws regulating business. We take the two which have general application —unfair trade practice and consumer protection.
Companies are also entities created through contracts. The core part of the company law derives from the principles governing contracts. However, the modern company law not only embodies the principles but also makes detailed provisions for the working of the companies.
The Companies Act, 1956 governs the formation and regulation of companies in India. For facilitating learning of the law on companies in India, the Companies Act has been edited and abridged for reference. A legal text makes good sense when read with reference to a case or a problem.
Towards this, numerous cases are presented for the student to discover and understand the principles of company law on incorporation, meeting, prospectus, raising of capital, share capital and power and duties of directors. The exercise also makes the reader familiar with legal provisions. This is strengthened by commentary and review of court cases. The third edition of the book has given a comprehensive treatment to the law of contract, sale of goods, bailment, pledge, guarantee, agency, partnership, companies, unfair trade practice and consumer protection. In this fourth edition, the part on contract law has been further expanded by including the themes, quasi-contracts, restitution, termination, anticipatory breach, mistake and alteration of contracts. The part on company law has been expanded and reorganised, enhancing the coverage and comprehension of the subject.
The new chapters are on share capital and powers of directors. The fourth edition, like the previous editions, has chapters surveying foundation, organisation and current position on the law dealing with, among others, banking, negotiable instruments, patents, copyrights, trademarks, securities regulation, environmental law and business and Fundamental Rights. The addition in this part are the chapters on arbitration and the Right to Information Act. Writing this book has been an interactive process between the author, students, readers and faculty members. I am thankful for the valuable contributions. This preface would not be complete without my appreciation for the McGraw-Hill team—V. Biju Kumar, Tapas K.
Maji, Hemant K. Jha, Anubha Srivastava, Shalini Negi, Manohar Lal and Atul Gupta for their commitment to the project. I look forward to suggestions for further improving the book. AKHILESHWAR PATHAK Click the link below to download and view a PDF version of the Preface to the First Edition. The file above is a PDF (Portable Document Format) document. You will need either Adobe Acrobat or its Reader to view it.
The Adobe Acrobat Reader may be downloaded from the web site for free. To obtain a lecturer login to the Online Learning Centres, ask your. If you're a lecturer thinking about adopting this textbook, for review. 2010 Tata McGraw-Hill Any use is subject to the and. Is one of the many fine businesses of.