Law of IndiaModule 6
Business, commerce and regulatory law: commercial transactions, companies, insolvency, consumers, competition, intellectual property and employment
Indian business law mixes **old codes** that still work, such as the **Sale of Goods Act, 1930** and the **Negotiable Instruments Act, 1881**, with **newer statutes** for a modern economy: the **Companies Act, 2013**, the **Insolvency and Bankruptcy Code, 2016**, the **Consumer Protection Act, 2019** and the **Competition Act, 2002**. Regulators such as **SEBI**, the **Competition Commission** and the **Insolvency and Bankruptcy Board** supervise the markets, and specialised tribunals decide disputes. This module follows a business from its formation to its possible failure, then its dealings with consumers, competitors, creators and employees.
This course explains the law of India, not US law. Rules that look the same elsewhere may be different.
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See what is included in the Courses & AI Lab Pass →General education on Indian law, using invented people and businesses. It states constitutional provisions, statutes and landmark decisions in simplified form, and it is not legal advice. The law changes and every case turns on its facts. Consult an advocate enrolled in India for any real matter.
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