Description
The book aims to introduce the core concepts of Business Laws in a student-friendly manner. It is organised into seven divisions, covering a wide range of topics essential for understanding the legal environment in which Indian businesses operate. It is prepared exclusively for the Foundation Level of Chartered Accountancy Examination requirement and covers the revised syllabus per ICAI.
The Present Publication is the 8th Edition for CA-Foundation | New Syllabus | Sept.2024/Jan. 2025 Exams. This book is authored by CA Shashank S. Sharma, with the following noteworthy features:
[Simple & Lucid Language] has been used throughout the book to present the subject matter
[Coverage] of this book includes:
Previous Exam Solved Paper for CA Foundation, including the June 2024 Exam
Multiple Choice Questions (MCQs)
Theoretical Questions
Practice Questions
Questions in the Pattern of Case Studies
[Answers & Hints] for writing, the answers are given in this book
[Student-Oriented Book] The authors have developed this book keeping in mind the following factors:
Interaction of the authors with their students, with specific emphasis on difficulties faced by students in the examinations
Shaped by the author’s experience of teaching the subject matter at different levels
Reactions and responses of students have also been incorporated at different places in the book
Contents of this book are as follows:
Introduction
Indian Regulatory Framework
Indian Contract Act, 1872
Nature of Contract
Consideration
Other Essential Elements of a Contract
Performance of Contract
Breach of Contract and its Remedies
Contingent and Quasi Contract
Contract of Indemnity and Guarantee
Contract Of Bailment and Pledge
Contract of Agency
Sale of Goods Act, 1930
Formation of Contract of Sale
Conditions and Warranties
Transfer of Ownership and Delivery of Goods
Rights of Unpaid Seller and Buyer
Indian Partnership Act, 1932
General Nature of Partnership
Relations of Partners
Registration & Dissolution of Firm
Limited Liability Partnership Act, 2008
Limited Liability Partnership Act, 2008
Companies Act, 2013
Companies Act, 2013
Negotiable Instruments Act, 1881
About the Author
Dr. S.K. Agrawal holds a Doctorate from Kanpur University, and he has teaching experience of more than 23 years across countless batches. He has been imparting knowledge and values to his students in his institution – Sky Academy (Kanpur). A postgraduate in Commerce & B.Ed., Dr. S.K. Agrawal has been teaching accountancy to students of class XIth, XIIth at the grass-root level, CA-Foundation/CPT & CA-Intermediate/IPC. Dr. S.K. Agarwal’s experience is as follows:
Twenty-four years of teaching experience in Accountancy in I.S.C., C.A. & B.Com.
Four years teaching experience in Accountancy in St. Aloysis School, Kanpur (1998-99 to 2001-02)
Nine years teaching experience in Accountancy in St. Mary’s Convent School, Kanpur (2002-11)
Worked as a supervising examiner in 2005 in St. Lawrence High School, Unnao
Worked as a supervising examiner in 2007 in Methodist High School, Kanpur
Worked as a supervising examiner in 2008 in United Public School, Kanpur
Has been a member of the management committee in St. Mary’s Convent High School, Kanpur, from 2006 to 2011 up to the date of voluntary retirement from the school
Founder and Director of ‘Sky Academy’ – a premier institute for delivering value-based education in the field of accountancy and related courses in the commerce stream in Kanpur, ever since its establishment in August 2006
CA Manmeet Kaur; An FCA, B.Com & M.A. (Economics) from Kanpur University, is engaged in teaching the following papers:
Paper 2: Business Laws & Business Correspondence & Reporting at the CA Foundation Level (erstwhile Mercantile Law at CPT level)
Corporate & Other Laws (erstwhile Law, Ethics & Communication at IPC level) in Group – I, at the present Intermediate level
Paper 7: ‘Enterprise Information Systems & Strategic Management’ (erstwhile IT/SM at IPC level) in Group- II at the Intermediate level
