Law of Contract-II including Advance Contract and evolving Jurisprudence in Contract Law
Babasaheb Bhimrao Ambedkar University · LL.B. Semester 2 · LB-202
Unit I
Indemnity and guarantee/ Bailment and pledge · i. Meaning, distinction between indemnity and guarantee · ii. Rights/ duties of indemnifier, indemnified and surety · iii. Discharge of surety, kinds of guarantee, bailment and pledge · iv. Meaning and distinction · v. Rights and duties of bailor/bailee, pawnor/pawnee · vi. Lien · vii. Termination of bailment
Unit II
Agency · i. Definition of agent and principal, essentials of relationship of agency · ii. Creation of agency: by agreement, ratification and law · iii. Relation of principal/ agent, sub agent, and substituted agent · iv. Termination of agency
Unit III
Specific relief act 1963 · i. Recovery of property · ii. Specific performance of contract · iii. Injunctions: Temporary and perpetual, mandatory
Unit IV
1. The Indian partnership act 1932 · 2. Nature of partnership firm · i. Relations of partners to one another and outsiders · ii. Rights/ duties of partners inter se · iii. Partnership property · iv. Relations of partners to 3rd parties · v. Liability of holding out · vi. Minor as a partner · vii. Incoming and outgoing partners · 3. Dissolution · i. By consent · ii. By agreement · iii. Compulsory dissolution · iv. Contingent dissolution · v. By notice · vi. By court · vii. Consequences of dissolution · viii. Registration of firms and effect of non-registration Acts · 1. Contact Act 1872 · 2. The Specific relief Act 1963 · 3. The Indian Partnership Act, 1932
- Definition of Partnership & Essentials Kinds of Partnership Partnership Property
- Rights and Duties of a Partner
- Implied Authority of a Partner
- Minor Admitted to the benefits of Partnership Incoming and Outgoing Partner Registration of Partnership Firm Dissolution of Partnership
- Public Notice in case of Partnership