Statutory Law

The term “statutory law” is used widely in order to denote the laws together like civil and criminal laws. The laws are generally considered as the rules that have been implemented by the controlling body in order to maintain the legal forces and also in order to put a punishment in case the legal operations are not followed. The fundamental aim behind the application of the statutory law is to provide the common people justice and to eliminate the chances of the emergence of harm from the social world. This law has been distinguished from the common law by the means of the statutes enacted in a legislative manner.  

Concept of statutory law

The bills have been created by some legislative authority and from the proper establishment of the bill, the statutes have been created. In this regard, it is essential for the legislative authorities to examine the bills and then approve them. In the context of several cases, it has been observed that the Indian constitution refuses to sign the bill and in this regard, it is then mentioned as “Veto”. When the bills get approval from the executive power the legislative authority, the bills then transform into statutory law. Within the bill, there are separate provisions that remain available that have been often considered as “statutes”. The statutory law has been needed to be signed or promoted by the executive or in other terms, by the proper legislative body in order to make them taken into consideration. In the context of the state legislature, the law needs to be passed by the concern of the state Governor. Statutory law always needs to be written and in this manner, it is different from customary law. In this context, it is essential to mention that statutory law has been often considered as part of constitutional law. 

Types of statutory laws

While classifying the types of statutory, it has been observed that the statutes include several aspects such as consolidating statute, temporary statute, codifying status, penal statute, remedial statute. The classification of the statute has been generally based on the method, time, duration, and application. When the statute has been classified by the object, it includes declaratory statutes, codifying statutes, remedial statute, amending statute, and many others. 

The declaratory statute has been used to eliminate the doubts emerging due to the implementation of the common law. The codifying statute provides a wide range of rules over specific subject matters and the names of such laws include The Hindu Marriage Act 195, Civil Procedure Code 1908. The remedial statute is the one that offers a wide range of the remedy over the emergence of any kind of wrongful act and the name of such law includes the Industrial dispute act 1947. 

In case the statute has been classified based on the duration, it includes permanent statute and temporary statute. The temporary statute is the one that has a valid time up to some known period whereas, in the permanent statute, it has been observed that the statute is permanent as per its existence and implementation. Finally, in the context, when the statute has been classified by method, it includes directory statute and mandatory statute. The directive statute is the one that cannot be invalidated even when it has not complied, however, the mandatory statute causes illegal proceedings when it has not complied. 

Different statutory laws

The Indian Constitution, offers major authority to the Indian legal system, several laws created by the Governors and parliament, and also by the acts of the parliaments. It has been observed while scrutinizing the different types of statutory law of India, that several laws have also been prepared before the emergence and implementation of the pre-independent legislation. In this regard, the names of such laws include Civil Procedure Code 1908, Government of India Act (1919), Indian Penal code (1860), Indian Contract Act (1872).  Moreover, among the post-independence laws providing statutory impact include the Motor vehicle act (1988), Criminal Procedure Code (1973), Right to Information Act (2005). The proper understanding of the laws and also the contribution of the legal leaders helps enhance the magnitude of the laws to society. 

Statutory compliance

The term “Statutory Compliance” refers to the binding of certain laws with the proper regulations and rules. It is actually a set of rules and regulations that have been promoted to the business operation of the companies in order to obey it. Several statutory compliances have been found in India and all the companies all over the world need to implement such compliance to improve their business operation. The names of some of the statutory compliance used in India include the Trade Unions Act (1926), Payment of Wages Act (1936), The Industrial Disputes Act (1946). 

Conclusion

To conclude the overall discussion on the statutory law based on the Indian Constitution, several laws and legislations have been discussed in a detailed manner. The types of laws have been depicted accurately within study. Moreover, the different types of statutory laws with the proper implementation of the laws have been discussed in the study. Moreover, at the end of the study, the proper statutory compliance has been illustrated in the study with reference to several innovative laws that have been widely incorporated within the company of India for providing better service.