Business Legislation for Management is meant for students of business administration, who need to be familiar with business law and company law in their future role as managers. The book explains these laws in a simple and succinct manner, so that the students are sufficiently aware of the scope of these laws and will be able to operate their businesses within their legal confines. 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 for them to write on 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. This new edition of the book has been thoroughly updated, revised and expanded keeping in mind the requirements of diverse syllabuses of various universities.