Specific Contracts
Mahatma Jyotiba Phule Rohilkhand University · LL.B. Semester 2
Unit 1 — Indemnity and Guarantee (Sec. 124-147)
(i) Nature and Definition of Contract of Indemnity: Extent of Indemnifier's Liability. · (ii) Nature and Definition of Contract of Guarantee, Rights, Liabilities and Discharge of Surety.
Unit 2 — Bailment and Pledge (Sec. 148-171 and Sec. 172-181)
Meaning and Definition of Contract of Bailment and Difference between Bailment and Pledge · Rights, and Duties of Bailor and Bailee, Pawnor/Pawnee · Lien · Termination of Bailment · Commercial utility of pledge transactions
Unit 3 — Contract of Agency (Sec. 182 to 238)
Nature and Mode of Contract of Agency · Modes of Termination of Agency · Rights and Duties of Principal and Agent · Rights and Liabilities of Undisclosed Principal · Personal Liability of an Agent
Unit 4 — Contract of Partnership
Nature and Definition of Contract of Partnership · Non-Partnership Interests · Formation of Partnership and Partner by Holding Out · Minor and Partnership Firm · Registration of Firms and Effects of Non-Registration · Dissolution of Firms · Limited Liability Partnership Act
- 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
- Nature of Limited Liability Partnership [Sections 2 — 10]
- Incorporation of Limited Liability Partnership [Sections 11 — 21]
- Partners and their Relations [Sections 22 — 25]
- Extent and Limitation of Liability of Limited Liability Partnership and Partners [Sections 26 — 31]
- Contributions [Sections 32 — 33]
- Assignment and Transfer of Partnership Rights [Section 42]
- Conversion into a Limited Liability Partnership [Sections 55 — 58]
- Winding up and Dissolution [Sections 63 — 65]
Unit 5 — Contract of Sale of Goods
Nature and Definition of Contract of Sale of Goods · Conditions and Warranties · Rule of Caveat Emptor · Nemo dat quad non habet · Definition and Rights of an Unpaid Seller