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The Seventh Edition, besides maintaining the PLUS features of the Fifth edition of the book, viz., lucid presentation, tailor-made approach, comprehensive text with plenty of illustrative material including case laws, questions and problems for recapitulation etc., has several additional welcome features. These include the following:- - The book meets all the more comprehensively the course content requirement of the students appearing in the paper Business Laws at B.Com., BBA, M.Com, MBA Examinations of different Universities and those conducted., by various professional Institutions viz. The Institute of Chartered Accountants of India (ICAI), The Institute of Company Secretaries of India (ICSI) and The Institute of Cost and Works Accountants of India (ICWAI). - Since, the publication of the fourth Edition, certain new developments have taken place both in the legislative and corporate fields. These include the following:- -- Placement of Companies Bill, 2011 finally before the Parliament for an enactment as a legislation. -- Amendment in SEBIs Guidelines regarding Corporate Governance. -- Amendment in Employees Deposit Link Insurance Scheme, 1976 by Government Notifications in June 2010 & January 2011 -- Enactment of the Indian Copyright (Amendment) Act 2012. - All these developments have been incorporated at appropriate places in the book. - The text matter in several chapters has been strengthened wherever necessary. - The latest questions and problems from recent University and professional examinations have been incorporated in the relevant chapters of the book. - The book continues to follow a reader friendly and an examination oriented approach. Contents : Section 1 - THE INDIAN CONTRACT ACT, 1872 1. General Principles 2. Offer and Acceptance 3. Competence of Contracting Parties 4. Consent : Nature and Requisites 5. Consideration 6. Legality of the Object and Consideration 7. Void Agreements 8. Contingent Contracts 9. Performance of Contracts 10. Discharge of Contracts 11. Quasi-Contracts 12. Remedies for Breach of Contract 13. Contracts of Indemnity and Guarantee 14. Contracts of Bailment 15. Contracts of Agency Section 2 - THE SALE OF GOODS ACT, 1930 1. General Principles 2. Conditions and Warranties 3. Transfer of Ownership 4. Performance of a Contract of Sale 5. Remedial Measures 6. Auction Sale Section 3 - THE INDIAN PARTNERSHIP ACT, 1932 1. General Principles 2. Formation of Partnership 3. Rights and Liabilities of Partners 4. Dissolution of Partnership Firms Section 4 - THE NEGOTIABLE INSTRUMENTS ACT, 1881 1. Introductory 2. Parties to Negotiable Instrument 3. Presentment of Negotiable Instrument 4. Negotiation 5. Discharge of Parties 6. Liabilities of a Banker 7. Hundis Section 5 - ELEMENTS OF COMPANY LAW 1. Company and Its Forms 2. Formation of a Company 3. Memorandum of Association 4. Articles of Association 5. Prospectus 6. Allotment of Shares 7. Shares and Share Capital 8. Membership of Company 9. Meetings and Proceedings 10. Borrowing Powers 11. Managerial Personnel and Their Remuneration 12. Directors 13. Other Managerial Personnel 14. Secretary 15. Accounts, Audit and Investigation 16. Corporate Governance 17. Dividends, Bonus and Interest 18. Compromises, Arrangements Amalgamation 19. Supremacy of Majority and Protection of Minority 20. Prevention of Oppression and Mismanagement 21. Winding Up 22. Company Law in a Computerized Environment : E-Filing 23. Global Companies 24. Other Companies Appendix Section 6 - MISCELLANEOUS 1. The Essential Commodities Act, 1955 2. The Consumer Protection Act, 1986 3. The Co-operative Societies Act, 1912 4. The Multi-State Co-operative Societies Act, 2002 5. The Foreign Exchange Management Act, 1999 6. The Employees Provident Funds & Miscellaneous Provisions Act, 1952 7. The Payment of Gratuity Act, 1972 8. The Payment of Wages Act, 1936 9. The Payment of Bonus Act, 1965 10. The Information Technology Act, 2000 11. The Depositories Act, 1996 12. The Income Tax Act, 1961 13. The Central Excise Act, 1944 & VAT 14. The Competition Act, 2002 15. The Limited Liability Partnership Act 16. The Prevention of Money Laundering Act, 2002 17. Indian Copyright Act, 1957
