Business Law Sem I (Mumbai Univ)

ISBN Number : 978-93-5299-321-5

Student Price : Rs.298

Student Dollar Price : 12$

Book Edition : Sixth

Year of Publication : 2018

No. Of Pages : 440

About The Book

It is my pleasure to present to my readers sixth revised edition of Business Law (for BMS). Law continues to develop and evolve. But with the present governance, it is rapidly developing and evolving. After the last edition of this text, the legislations covered by this text have also being substantially changed. Even while this book was in the press, new provisions were inserted in Negotiable Instruments Act, 1881 by amendment of 2018. Rapid revision and keeping the pace with the amendments is always challenging to ensure that the book touches the shelves at the earliest.

Law need not be static but it also should not be subject to rapid and regular amendments. There may be a valid reason for the enactors to support such rapid amendments, but it also leads to chaos and complex to follow besides making enforceable thereof difficult. Deletions, substitutions, additions with provisos and explanations makes the reading of law a nightmare, particularly with the provisions scattered in the statute, rules, regulations followed by notifications, circulars and orders. For able and stable governance, it is also imperative to avoid complex, several and huge dose of legislations. If only, we as the citizens could be spared of repeated changed law, for good governance comes with stability and certainty.

To illustrate, Companies Act, 2013, promising to be a compact legislation with less complex provisions than the Companies Act, 1956 (since repealed), falls miserably short of such expectations. With 41 voluminous Rules enacted between the period from 2014 to 2016, besides regulations, circulars, clarifications and orders issued, makes the reading and compliance thereof a nightmare. Interestingly, both the substantive provisions in the Act and the procedural provisions in the Rules, overlap each other to add to the confusion, complexities and repetitions. It is becoming difficult to distinguish between what is substantive law and what is procedural law.

Mercifully, the British enactments like the Contract Act, 1872, Sale of Goods Act, 1930 and such like legislations, continue to maintain consistency in law. If, British Parliament could enact such laws, why our governance, much more in expertise, is not able to achieve likewise?

The task of grouping the substantive and procedural law and provide my readers a simplified and lucid reading and understanding of the subject, has been always a challenge for me. The fact that my readers have acclaimed my writings, it prompts me to continue the same flow in the revised texts. The present text aims at updating the law in view of vast changes in law between 2014 and 2018.


Contents -

Module-I Law of Contract
Module-II Law of Sale of Goods
Module-III Law of Negotiable Instruments
Module-IV Law of Consumer Protection
Module-V Company Law
1. Company — Formation and Regulation
2. Memorandum of Association and Articles of Association
3. Membership of A Company
4. Prospectus and Private Placement
5. Meetings
6. Securities, Share Capital, Shares, Transfer and Transmission of Shares
Module-VI Intellectual Property Rights
VI(A) Patents
VI(B) Copyrights
VI(C) Trade Marks
VI(D) Geographical Indications of Goods

About The Author

Mr. K.R. Bulchandani passed law from Government Law College, Mumbai in 1970, was 3rd on the Merit List in the first batch of three years LL.B. course, after attaining 1st Class in Bachelor of General Laws. He went on to sign Articles and passed his Solicitors` examination, last held under the auspices of Bombay High Court, and was placed again 3rd on the Merit List.     

Resigning his lucrative posting and career in Air India, Mr. Bulchandani joined the Bar in 1970. Co-incidentally he received his Sanad and was enrolled as an Advocate with Bar Council of Maharashtra on completion of his 24th birthday and beginning of silver jubilee period of his life. Mr. Bulchandani is also registered Supreme Court Advocate since 1994.     

He was part time professor in Government Law College, Mumbai from 1976 to 1988. During the span of 12 years he taught different subjects in law to his students, like, sales Tax, Criminal Jurisprudence, Law of sale of Goods, Partnership, Negotiable Instruments, Transfer of Property and Easements. Mr. Bulchandani continues to deliver lectures under the auspices of Bar Council of Maharashtra for students and trainee Advocates.   

From 1979, Mr. Bulchandani was Central Government Counsel in the Bombay High Court defending the Government of India in Customs, Excise and other legal matters. He was appointed as Senior Central Government Counsel in 1993. Several of the landmark cases in which Mr. Bulchandani has appeared are reported in various law journals.    Author of several books on law in his hay days, Mr. Bulchandani due to his professional commitments could not devote much to his writings until in 1978 he penned his first edition on "Business Law". The book received tremendous response particularly from the students of B. Com. The book has since been published in its 20th Edition in 2006. Justice Lentin, in his foreword to the 15th Edition of the book, has commended the book in following words: "Writing a foreword is a chore with rarely an exception. The exception is Business Law by Mr. K.R. Bulchandani,      

When writing a foreword becomes a pleasure." In view of the immense popularity of the "Business Law" book, Mr. Bulchandani penned Business Law for Management dealing with most of the commercial law including Law of Restrictive Trade practices, Law of Foreign Exchange and Laws of securities and stock Exchange, Law on Information on Technology, and Competition Act. The first Edition of the book was blessed with a Foreword by Mr. Justice Y.K. Sabharwal, the then chief Justice of Bombay High Court.     

Further extensions of Business Law for Management on all India level is now being presented by Mr. Bulchandani in the form of this treaties for treaties for professionals, Executives, Management Consultants, Students and others. Every reader will find this book indispensable as every day activities of each individual are regulated by one or the other law and this book deals with most of such laws.  

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