Dr. Avtar Singh’s Business Law discusses six different areas of law which are interrelated but separate domains and each one of them is capable of being discussed in a separate legal commentary. This book, however, is written and revised with the purpose of giving a basic insight to the reader into each one of those domains.
The book begins with the most basic instrument of commerce viz. a contract. The discussion under the part is not restricted to the language of Contract Act but extends to principles which preceded and succeed the Act and in turn define the basic tenets of the law as it stands today. The second and third part of the book discuss certain specific applications of law of contracts. These practices were codified in India in the Sale of Goods Act and it is the discussion around this Act and general principles of the law of sale of goods that the second part of the book deals with. The third part of the book discusses applicability of contractual principles in creating a business entity, evolving from the model of traditional sole proprietorship/ agency in sole proprietorship business etc. The law governing partnerships and limited liability partnerships is dealt along with the law on partnerships; and law governing the companies is dealt in a separate part of the book. IPR, Company and Competition Law are also covered at length.
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