India
Business law in India
Business law in India
The Indian legal system is mostly based on the English common law and statutory law, while most of the state and territorial law is based on English common law. India's commitment to law is created in the Constitution which constituted India into a sovereign democratic republic, containing a federal system with parliamentary form of government in the Union and the states, an independent judiciary, guaranteed fundamental rights and directive principles of state policy containing objectives which though not enforceable in law are fundamental to the governance of the nation. Read more