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Keshrimal Sankliya   21 February 2022

types of laws does business law

1 types of laws
2 does business law and corporate law come under civil law ??


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 2 Replies

Sharmishta P Raj (nil)     22 February 2022

Firstly, There are namely 4 types of laws in India:
1.Common-Law: a legal system founded on the Rule of Law. 
2. Criminal Law: Criminal Law in India is addressed by the Indian Penal Code, 1860, the Code of Criminal Procedure, 1973, and the Indian Evidence Act, 1872.
3. Civil Law: the Law that governs individuals. It can be defined simply as the Law that regulates non-criminal behavior. All civil cases must be heard in the civil courts.
4.Statutory Law: also known as legislative Law. Statutory laws can be enacted by the federal government, state legislatures, or local governments.
Secondly, Corporate Law, also referred to as business law, is a type of civil Law. Civil Law applies to corporations. It is not, in general, criminal Law. When a dispute arises, the corporation's officials can take the matter to the appropriate civil court for resolution.
Thus to answer your query specifically-  Common-Law, Criminal Law, Civil Law, and Statutory Law are the 4 main types of laws in India. And Corporate Law or business law comes under civil Law.
I hope this helps.
Thank You!

Chetan Gupta   23 February 2022

there are four types of law that is number one common law s criminal law third civil law fourth statutory law and the the term you asked that Corporate Law business law are different or same in nature the answer is Corporate law is a wider term than business law thanks

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