Business Legislation for Management is meant for students of business management, who need to be familiar with business laws and company law in their future role as managers. The book explains these laws in a simple and succinct manner, making the students sufficiently aware of the scope of these laws so that they are able to operate their businesses within their legal confines. The book approaches the subject in a logical way, so that even a student with no legal background is able to understand it.he book is the outcome of the authorslong experience of teaching business law and company law to students pursuing UG and PG courses. This, in fact, has made it possible for them to write on law without the use of legal jargon, thus ensuring that even the most complicated provisions of various legislations are explained in an easily comprehensible manner.his new edition has been thoroughly updated and revised in accordance with the Companies Act, 2013. The amendments introduced by the Insolvency and Bankruptcy Code, 2016, through its Eleventh Schedule to the Companies Act, 2013 have also been duly incorporated.ll the hallmark features of the earlier edition have been retained that include, among others, addressing intricate points of law, elucidating practical implications of law for managers through illustrations and so onKey Features :? Provisions of Companies Act, 2013 Provisions of Companies (Amendment) Act, 2015 and Companies (Amendment) Act, 2017 Amendments introduced by the Insolvency and Bankruptcy Code 2016Table of Content :Part I: LAW OF CONTRACT1: Nature and Kinds of Contracts2: Offer and Acceptance3: Consideration4: Capacity of Parties5: Free Consent 6: Legality of Object and Consideration 7: Void Agreements 8: Performance of Contracts9: Quasi-Contracts0: Discharge of Contract 1: Remedies for Breach of Contract 2: Indemnity and Guarantee br