Essay name: Vyavaharamala: a text on Indian jurisprudence
Author:
P. V. Rajee
Affiliation: Sree Sankaracharya University of Sanskrit / Department of Sanskrit Sahitya
This essay is an English study on the Vyavaharamala: a text on Indian jurisprudence from the 16th century. It covers aspects of such as individual legal procedures and societal welfare, thus reflecting the judiciary principles of ancient ancient Indian society.
Chapter 5 - Vyavaharamala鈥擥eneral features based on text
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very well to handle the revenue and expenses can be considered
for joint ventures. N膩r says the profit from the joint ventures
should be divided by themselves after calculating the share on
the basis of business. This should be done without any quarrel
among themselves.
In this connection if there is dispute arise it should be
solved by vyavah膩ra. Dispute is caused in the joint venture, it
should be create by the people who are involved in the business
activity. Brh Says, if some people start joint ventures such as
agricultural activity, trade etc anybody tries to cheat them, the
vyavah膩ra will determine through the satya pram膩峁嘺. Y膩j. Says,
if dispute arises in joint venture the problem should be solved by
Satyapram膩峁嘺 or s膩k峁vist膩ra. The person responsible for
disputes will be removed from the joint business.
In joint venture if more expense is incurred due to any
mis-happening from king or god, then the loss should be shared
by the members of the joint ventures. In the joint business if it
faces any loss due to the activity of a member such as
