Tiêu đề INDIAN REGULATORY FRAMEWORK CH=1 By Nikhil (1) (1).pdf ✅

 WHAT IS LAW?  Law is a set of obligations and duties imposed by the government for securing welfare and providing justice to society.  SOURCES OF LAW The main sources of law in India are: 1. the Constitution 2 .the statutes or laws made by Parliament and State Assemblies, 3. Precedents or the Judicial Decisions of various Courts and 4. in some cases, established Customs and Usages. ______________________________________________________________________________________  THE PROCESS OF MAKING A LAW 1.When a law is proposed in parliament it is called a Bill. 2.After discussion and debate, the law is passed in Lok Sabha. 3.Thereafter, it has to be passed in Rajya Sabha. 4.It then has to obtain the assent of the President of India. 5.Finally, the law will be notified by the Government in the publication called the Official Gazette of India. 6.The law will become applicable from the date mentioned in the notification as the effective date. 7.Once it is notified and effective, it is called an Act of Parliament. ______________________________________________________________________________________  Types of laws in the Indian Legal System: 1. Criminal Law: Criminal law is concerned with laws pertaining to violations of the rule of law or public wrongs and punishment of the same. Criminal Law is governed under the Indian Penal Code, 1860, and the Code of Criminal Procedure, 1973 (Crpc). The Indian Penal Code, 1860, defines the crime, its nature, and punishments whereas the Criminal Procedure Code, 1973, defines exhaustive procedure for executing the punishments of the crimes. Murder, rape, theft, fraud, cheating and assault are some examples of criminal offences under the law.