This textbook introduces the Indian legal system and presents an exhaustive discussion on laws which govern and regulate businesses. It focuses on the application of the laws based on which managers need to take decisions on a day to day basis. It also fulfils its usefulness as a textbook for business management students and managers through a large number of cases and mini-cases highlighting the legal issues that surround and affect businesses. Court rulings and judgements have been weaved appropriately to provide better learning support. Aiming to provide the readers an understanding and knowledge of laws relating to business, the book provides an in-depth coverage of the law of contract, sale of goods, laws dealing with negotiable instruments, consumer rights, competition and laws regulating the incorporation and management of companies in India.