MANAGEMENT CONCEPTS

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					                                  BOOK REVIEW
Title:          MERCANTILE & INDUSTRIAL LAWS IN PAKISTAN
Authored By:    Principal, Hailey College of Banking & Finance, University
                of the Punjab, Lahore Pakistan, Mobile: 0333-4363363
                Email: kamjadsaeed@yahoo.com www.kamjadsaeed.edu.pk
                Member Governing Council, International Federation of
                Accountants (IFAC) (1997-2000), President, South ASIAN
                Federation of Accountants (SAFA) (1997), President,
                Institute of Cost and Management Accountants of Pakistan
                (1997-2000), President, Association of Management
                Development Institutions of South Asia (AMDISA) (1993-96),
                Pro Vice-Chancellor University of the Punjab, Lahore (1994-
                1996),     Founder    Director,    Institute   of   Business
                Administration (IBA), University of the Punjab, Lahore (1973-1996).
Published By:   KHAWAJA PUBLICATIONS 230-C, TECH SOCIETY, CANAL BANK ROAD, LAHORE-54590.
                EMAIL: INFO@KHAWAJAPUBLICATIONS.COM 042-5887460




Today’s world is moving towards                1934, Payment of Wages Act,. 1936,
globalization. Understanding of laws is        Social Security Ordinance, 1965,
becoming very important. Unlike verbal         Industrial & Commercial Employment
understandings or operating business on        (Standing Orders) Ordinance, 1968
loose chits are none being firmly              companies         Profits     (workers’
replaced     by    written    contracts.       Participation) Act, 1968, Industrial
Moreover, comprehension to mercantile          Relations Ordinance, 2002, and The
and industrial laws is becoming almost         Employees’ Old Age Benefits Act, 1976.
a necessity.                                   Besides, amendments in labour laws
In this backdrop, Prof. Dr. Khawaja            introduced through the Finance Act,
Amjad Saeed has authored 2007th                2006 have also been included in a
edition of book entitled Mercantile &          separate Chapter.
Industrial Laws In Pakistan. The first of      A wide range of readers can benefit
the book contains eight mercantile laws        from the book. These may include
namely, Law of Contracts, Law                  business executives, bankers, insurance
governing     Indemnity,     Guarantee,        experts, traders, businessmen, students
Bailment and Agency, Law of Sales of           pursuing commerce, business & public
Goods, Law Governing Partnership, Law          administration, information technology
of Negotiable Instruments, Arbitration,        personnel, Chartered / Cost &
Insolvency Laws, and Carriage of               Management Accountants and persons
Goods.                                         belonging to civil society.
Salient features of laws governing             The author has done an excellent work
above aspects have been included in            and deserves congratulations. It is
the respective Chapters. The second            hoped that he will continue his noble
part contains lucid analysis of eight          effort with a sense of devotion and
important laws governing industrial            dedication to serve the reading
laws     namely,     The     Workmen’s         community in future.
Compensation Act, 1973, Factories Act,

				
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posted:10/19/2011
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