1 / 3

CORPORATE COMMERCIAL-converted

This PDF described commercial law and its various aspects in a legal matter in short words this is useful for those who are curious about the law and legal practices.

Corpsage
Download Presentation

CORPORATE COMMERCIAL-converted

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. CORPORATE COMMERCIAL What is Commercial law? Commercial Law is a field of law that deals with legal difficulties, Disputes, Attribution, Litigations, Court Hearings, and Commercial issues that arise when running a business and assists parties and litigators in resolving them in a timely and efficient manner. The fundamental objective of business law is to establish a regulatory body for monitoring businesses and enforcing government rules and regulations disseminated through saturatory authorities. Areas of Commercial law: - Commercial law is rapidly growing field in legal sector especially in India because depends on international relations, climate change, and cost of raw material in international market, government norms and regulations an many more the structure of commercial Law is shifting continuously from first industrial revolution and still changing every day. In case of India its government opened up its market for foreign direct investment and immerses development trade policy. Civil law includes: - •Contract Law •Commercial Regulations •Property Law •Tax Law •Consumer Protection •Uniform Commercial Code and so on. Contract Law: - India has the world's largest constitution, thus laws for commerce, commercial disputes, and even contracts would undoubtedly be extensive. Contracts were acknowledged in Indian constitutions as an agreement between two persons that was enforceable by law. Section 2 (h) of the Indian Contract Act 1872(2) explains it.

  2. Commercial Regulations: - Commercial regulation law is important part of commercial law which helps in legal bodies to regulate and organizations in specific order such as applying appropriate taxations, applying custom duties on specific products and also protecting consumers in extreme conditions. Property Law: - Property law overseas many types of ownership in a specific property it could be commercial property or personal property the term property express that loud this property is protected by law from any kind of claims obligations or litigations. This type of property can be indulging as intellectual property and can’t be traded, or only can be traded with in contract and if it will get breach it would be challenged in court easily. Tax Law Tax law is a government law that monitors and enforces all business tax-related concerns, including transactions, income tax, excise tax, sales tax, gifts, capital gain, and profit distribution tax. So government can bring more transparency between organizations, Consumers and Government at the same time. Consumer Protection: - Consumer protection is important part of commercial law because leaders and experts also think to leave a space for consumer so any organization can’t influence or capture whole industry for their betterment or neglect benefits of consumers. Consumer protections law gives right challenge in honorable court.

  3. Uniform Commercial Code-: UCC or uniform Commercial Code in India is monitored by Supreme Court that ensures to provide secure transaction or secure loans in simple way to private small business and help them to grow especially to tribal communities. This loan could be for intellectual property real estate property or any collateral property. Resolving Commercial Disputes:- There is a specific clause in the Indian Constitution for commercial disputes and resolving them with legal expertise, but no business has that expertise in terms of law and legal authorities. So companies used to engage commercial lawyers or a corporate law firm to manage their commercial problems, providing them with adequate advice on a regular basis in order to avoid such confrontations and to function as your legal face in worse- case scenarios such as court hearings. If you are looking for any legal help or Commercial law related solutions you are just a phone call away from Corpsage a Legal Firm with the experienced team of lawyers in Delhi, India. That offer tailor made legal solutions just made for you.

More Related