Written in accordance within the UGC Model Curriculum for ‘Business Legislation’ paper for MBA, this book presents the subject matter tailor-made to the needs of management students. Since business managers are not supposed to be experts in all or any of the business laws, but should be sufficiently aware of their scope to be able to operate their business within the confines, needless legal details have been avoided. The book approaches the subject in a simple and logical way so that even a student with no legal background is able to understand it. The book is the outcome of the authors’ long experience of teaching ‘Business Law’ and ‘Company Law’ to students pursuing undergraduate and postgraduate courses. This in fact has made it possible to teach law without the use of legal jargon; thus ensuring that even the most complicated provisions of various legislations are explained in an easily comprehensible manner. SALIENT FEATURES Explains important concepts that are ambiguous and elude proper understanding Elucidates practical implications of law through a large number of illustrations Unfolds intricate points of law to solve intriguing questions Quotes Section numbers so that reference may be made to the relevant Act for details Cites English and Indian cases to ensure necessary authenticity and clarity Contains test questions and practical problems along with hints to the solutions at the end of each chapter to enable students evaluate their understanding Provides ready access of basic Business Law and Company Law to professionals and those engaged in business

Table of Contents:
• Part I– Law of Contract–Nature and Kinds of Contracts • Offer and Acceptance • Consideration • Capacity of Parties • Free Consent • Legality of Object and Consideration • Void Agreements • Performance of Contracts • Quasi-Contracts • Breach of Contract and its Remedies • Part II– Law of Sale of Goods–Contract of Sale of Goods • Conditions and Warranties • Transfer of Property • Performance of Contract of Sale • Rights of Unpaid Seller • Part III– Law of Negotiable Instruments–Negotiable Instruments • Parties to Negotiable Instruments • Negotiation of Negotiable Instruments • Dishonour and Discharge of Negotiable Instruments • Crossing and Bouncing of Cheques • Part IV– Law of Arbitration and Conciliation–General Provisions Regarding Arbitration • Arbitral Tribunal • Arbitration Proceedings • Conciliation • Enforcement of Certain Foreign Awards • Part V– Law of Consumer Protection–Consumer Protection Act, 1986 • Part VI– Company Law– The Companies Act and Its Administration • The Company: Its Nature and Kinds • Formation of a Company • Memorandum of Association • Articles of Association • Prospectus • Allotment of Shares • Shares and Share Capital • Share Certificate and Share Warrant • Shareholders or Members • Transfer and Transmission of Shares • Calls and Forfeiture of Shares • Company Management • Meetings and Resolutions • Borrowing Powers and Methods • Dividends • Accounts and Audit • Prevention of Oppression and Mismanagement • Compromise, Arrangement, Reconstruction and Amalgamation • Winding Up