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Commercial law or business law comprises the whole set of laws relevant to the trade and sales. It includes laws on business contracts, sale of goods, banking, insurance, finance, partnership, bankruptcy, and taxation. It defines rights and obligations of the concerning parties in different types of contracts, such as agency agreements, guarantees, and contracts for carriage, sales and purchase of goods.
What the law says
Commercial law is comprehensive of various other laws. The term commercial law depicts a wide collection of laws that oversee business exchanges. Various legislation in commercial law includes The dabhoi, chhota udaipurn Contract Act, 1872, the sale of goods Act, 1930, The limited liability partnership Act, 2008, The dabhoi, chhota udaipurn Partnership Act, 1932., Societies Registration Act, 1860, The Companies Amendment Act, 2006. These determine the type of entity your business is and accordingly has rules for its incorporation, initiation and termination. Apart from this, the Prevention of Money Laundering Act, 2002, The Sale of Goods Act, 1930, The Hire-Purchase Act, 1972, employment and labor laws and other such related Acts together regulate the commercial field of law in dabhoi, chhota udaipur.
How can we help
At lawtendo, we make it simpler for you to hire a lawyer who will guide you and provide you with legal services and ensure that you get justice. We believe in professionalism and thus the panel of attorneys maintained by us are highly skilled and qualified so as to provide you with the best legal advice/service. For hiring a lawyer in dabhoi, chhota udaipur specialized in commercial laws, contact Lawtendo today.
Victims of commercial laws
Committing corporate offenses like money laundering, insider trading, embezzlement, corporate fraud, copyright infringement, labour racketeering are collectively known as white-collar crimes. Commercial law, under various Acts, contains provisions for punishment in case of such offenses along with the dabhoi, chhota udaipurn Penal Code. The aggrieved party has the option to lodge a criminal complaint or recover the dues by filing a suit in civil court or approach the NCLT or DRT, as the case may be. The arbitration and conciliation proceedings can also be sought to settle disputes arising out of commercial matters.
Why do you need a lawyer
While you are great at doing your business, lawyers are good at theirs. They know the law and thus while you do your business, they make sure that you are not met with any legal inaccuracies. They make sure that you are treated right and fairly by the insurance companies and if not, they compete for it on your behalf against the company. They make your work easier and hassle-free in terms of legal facet.
Why hire a lawyer through lawtendo
A lawyer prevents problems. The common perspective regarding attorneys is that they cure problems but that’s not true. Most of the work done by an attorney is preventive in nature in order to make sure that their client is fully compliant with the law and therefore is free of any troubles.