How can I study business law in India?
Eligibility Criteria (UG & PG) of Business Law
Students who want to pursue integrated undergraduate law courses for five years need to complete their 10+2 and students who want to pursue LLB degree for three years need to complete their bachelor's degree programme..
What are the business laws in India?
The most prominent and significant among these acts are - New Companies Act, 2013; Competition Act, 2002; FEMA, 1999; Foreign Trade (Development and Regulation) Act, 1992; SEBI Act, 1992; Industries (Development and Regulation) Act, 1951; Income Tax Act, 1961; Reserve bank of India Act, 1934; Contracts Act, 1872; .
What are the legal laws for business in India?
Let us educate ourselves about the Business Laws of India.
The Indian Contract Act, 1872 – I.The Indian Contract Act, 1872 – II.The Sale Of Goods Act, 1930.The Indian Partnership Act, 1932.The Limited Liability Partnership Act, 2008.Companies Act 2013..What are the main sources of business law in India?
Statute Law
The Indian Contract Act, 1872, the Sale of Goods Act, 1930, the Companies Act, 1956 are some of the examples of the statute law.
The law making power in India is vested in Parliament and the state legislature..
What are the main sources of Indian business law?
The Indian Contract Act, 1872, the Sale of Goods Act, 1930, the Companies Act, 1956 are some of the examples of the statute law.
The law making power in India is vested in Parliament and the state legislature.
Judicial decisions are also called as case laws..
What is the background of business law in India?
The concept of company act taken from English Companies Act, 1844.
The first company legislation in India was passed in 1850 known as a Joint Stock Companies Act.
This Act was replaced by the Joint Stock Companies Act, 1857 which introduced the principle of limited liability for the first in India..
- It states that business law has a significant role in all kinds of business, trade, affairs etc. every business have there own principles and policies hence it is important to regulate them with uniform laws, and since every country has there own laws and regulation to create uniformity in their country.
