{"id":639,"date":"2019-04-02T04:38:25","date_gmt":"2019-04-02T04:38:25","guid":{"rendered":"https:\/\/lex-warrier.in\/archives\/?p=639"},"modified":"2019-10-26T04:44:07","modified_gmt":"2019-10-26T04:44:07","slug":"10-important-commercial-law-principles","status":"publish","type":"post","link":"https:\/\/lex-warrier.in\/archives\/10-important-commercial-law-principles.html","title":{"rendered":"10 commercial law principles, one should know"},"content":{"rendered":"<p style=\"text-align: center;\"><span style=\"color: #993300;\"><strong>Shivam Goel<\/strong><\/span><br \/>\nAdvocate, High Court of Delhi<\/p>\n<hr \/>\n<h2>Abstract<\/h2>\n<p style=\"text-align: justify;\">As we know, Commercial law, is a body of law which governs the enterprises and entities in business and commercial transactions. It is often considered to be a branch of civil law and deals with issues of both private law and public law. It is also called business law. Similarly, the same is also known as trade law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Outline_of_commercial_law\" target=\"_blank\" rel=\"noopener noreferrer\">Commercial law<\/a> could be classified into various branches viz. Companies law, Corporate law, Corporate governance, Competition law (antitrust), Consumer protection, Contract law, Environmental law, Intellectual property law (including\u00a0Copyright law, Patent law, Trademark law), International trade law, Labour law etc. In this short article author tries to give an insight of 10 most important principles of commercial law, which each one one of us should compulsorily know. This paper deals with the principles like Agreement to Sell: Essential Ingredients, Lifting the Corporate Veil, Under Insurance &amp; Averaging Out, Contra Proferentum, <a href=\"https:\/\/lex-warrier.in\/archives\/third-party-funding-arbitration.html\" target=\"_blank\" rel=\"noopener noreferrer\">Arbitration or Adjudication<\/a> by the Court, Claim for Damages, Ownership in property can be gifted without transfer of possession of property, Specific Performance of an Agreement to Gift, Section 23 read with Section 25 of the Registration Act, 1908: Registration is to be done within \u2018Eight Months\u2019 from the date of execution of a document required to be registered, and Composite Document: \u2018Will\u2019 as well as Gift.<\/p>\n<p><span style=\"color: #993300;\"><strong>Keywords:<\/strong><\/span> Agreement to sell, Lifting up of corporate veil, Specific performance of an Agreement, Under insurance, Average out<\/p>\n<p><span style=\"color: #3366ff;\"><strong>Preferred Citation<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><div class=\"su-quote su-quote-style-default\"><div class=\"su-quote-inner su-u-clearfix su-u-trim\">Shivam Goel, Ten commercial law principles, one should know, The Lex-Warrier: Online Law Journal (2019) 4, pp. 184 &#8211; 195, ISSN (O): 2319-8338<\/div><\/div>\n<p style=\"text-align: right;\"><a href=\"https:\/\/lex-warrier.in\/archives\/wp-content\/uploads\/2019\/10\/Ten-commercial-law-principles-one-should-know.pdf\" class=\"su-button su-button-style-glass\" style=\"color:#FFFFFF;background-color:#ef792d;border-color:#c06124;border-radius:7px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#FFFFFF;padding:7px 20px;font-size:16px;line-height:24px;border-color:#f4a26c;border-radius:7px;text-shadow:none\"><i class=\"sui sui-file-pdf-o\" style=\"font-size:16px;color:#FFFFFF\"><\/i> Read the full paper<\/span><\/a>\n","protected":false},"excerpt":{"rendered":"<p>Shivam Goel Advocate, High Court of Delhi Abstract As we know, Commercial law, is a body of law which governs the enterprises and entities in business and commercial transactions. It&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[3],"tags":[],"class_list":["post-639","post","type-post","status-publish","format-standard","hentry","category-abstract","no-post-thumbnail","clearfix","entry"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>10 must know commercial law principles | The Lex-Warrier Law Journal<\/title>\n<meta name=\"description\" content=\"10 most important commercial law principles, each one of us should know during our life time. 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