Commercial’s Padhuka’s Practical Learning Series — Business Laws (3rd Edition 2026) is a comprehensive, concept-oriented, and exam-focused textbook designed to provide students with a clear understanding of core business and commercial laws applicable in today’s legal and corporate environment. Written in the hallmark Padhuka style, the book simplifies complex legal provisions through structured explanations, illustrations, case references, and practical questions, making it highly effective for both academic study and professional examinations.

This fully updated 3rd Edition 2026 is aligned with the latest syllabus, amendments, and examination trends, ensuring relevance for modern learners.

Strong Conceptual Foundation in Business Laws

The book systematically explains the fundamental principles of business and commercial law, enabling students to understand not just the “what” but also the “why” behind legal provisions. The language is simple, precise, and student-friendly, ensuring clarity even for first-time learners.

Each topic is presented with:

• Clear definitions and explanations

• Practical illustrations and examples

• Logical sequencing of legal concepts

• Emphasis on applicability in business scenarios

Comprehensive Coverage of Business Laws

The content broadly covers essential areas of Business Laws, including:

• Indian Contract Act, 1872 – formation, performance, breach, and remedies

• Special contracts such as indemnity, guarantee, bailment, pledge, and agency

• Sale of Goods Act, 1930

• Partnership law and basic concepts of LLP

• Negotiable Instruments Act – cheques, promissory notes, and bills of exchange

• Consumer protection and business-related legal remedies

• Introduction to corporate and commercial legal framework

The coverage is balanced between theory and practice, making it ideal for examination and professional understanding.

Exam-Oriented Pedagogical Approach

As part of the Padhuka’s Practical Learning Series, this book follows a student-centric learning model, including:

• Chapter-wise learning objectives

• Illustrative questions and answers

• Multiple Choice Questions (MCQs)

• Descriptive and problem-based questions

• Revision notes and summaries at the end of chapters

This approach helps students retain concepts, practice application-based questions, and perform confidently in exams.