Commercial and Industrial Law

Commercial and Industrial Law :


Understanding the Structure of Commercial Law—Fundamentals of the law of contract and the Indian Contract Act—Special cases of contract—Negotiable instruments, bailment and associated areas. The problems of fictitious legal personality—The limited liability company as a special case—The social problems created by the operations of such fictitious persons—The salient points of the Indian Companies Act. The Monopolies and Restrictive Trade Practices Act. The necessity of protecting weaker parties in a contract and of protecting social interests as basis of industrial law—The salient points of the Indian Factories Act and associated legislations. Labour laws—divided into laws relating to wages and industrial disputes. The principal points covered by the Indian Trade Unions Act and Industrial Disputes Act—Payment of Wages and Minimum Wages Acts. Welfare, Wealth and safety measures in important labour laws.