Scribd
Upload
274 views1 page

Law of Contract Ii

This course covers special contracts in Indian law, including indemnity and guarantee, bailment and pledge, agency, and sale of goods. It aims to provide an understanding of statutory provisions and case law regarding these specialized contracts, which are important for various economic sectors in modern India. The course is divided into four modules covering indemnity and guarantee, bailment and pledge, agency, and the Sale of Goods Act of 1930. Student assessment includes a term paper, class test, class participation, assignments, and an end-term examination. Recommended texts include books and commentaries on the Indian Contract Act, Partnership Act, and Sale of Goods Act.

Uploaded by

Prashant Rahangdale
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
274 views1 page

Law of Contract Ii

This course covers special contracts in Indian law, including indemnity and guarantee, bailment and pledge, agency, and sale of goods. It aims to provide an understanding of statutory provisions and case law regarding these specialized contracts, which are important for various economic sectors in modern India. The course is divided into four modules covering indemnity and guarantee, bailment and pledge, agency, and the Sale of Goods Act of 1930. Student assessment includes a term paper, class test, class participation, assignments, and an end-term examination. Recommended texts include books and commentaries on the Indian Contract Act, Partnership Act, and Sale of Goods Act.

Uploaded by

Prashant Rahangdale
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

LAW OF CONTRACT - II

Course Code: LAW2204 Credit Units: 04

Course Objective:
This course shall be taught after the students have been familiarized with the general principles of
Contract in which the emphasis is on understanding and appreciating the basic essentials of a valid
Contract and on the existence of Contractual relationship in various instances. Obviously, Contract Law
assumes special significance to suit changes in society. These special Contracts are studied in the light of
statutory provisions and decisional Law. With the invent of globalization in various sectors of economy
today and are in need of specialized legal Professionals due to huge contractual requirements, joint
venture Partnerships and the like, Therefore, this Course of Special Contracts provides an insight into the
justification for special statutory provisions for certain kind of Contracts.

Course Contents:

Module I: Indemnity and Guarantee/Bailment and Pledge


Meaning, Distinction between Indemnity and Guarantee, Right / Duties of Indemnifier, Indemnified and
Surety, Discharge of Surety, Kinds of Guarantee, Bailment and Pledge: Meaning and Distinction, Rights
and Duties of Bailor/Bailee, Pawnor/Pawnee, Lien, Termination of Bailment.

Module II: Agency


Definitions of Agent and Principal, Appointment of an Agent, Authority of an Agent, Creation of agency:
by agreement, Ratification and law, Relation of principal / agent, subagent and substituted agent,
Ratification of Agents Authority, Revocation of Agency Authority, Effects of Agency on Contracts with
third person, Personal Liability of agents, Termination of agency.

Module III: Sale of Goods Act 1930


Contract of Sale: Nature and definition, Conditions and Warranties, Transfer of Property and Title,
Performance of the contracts, rights of unpaid seller, suit for breach of contract.

Module IV: The Indian Partnership Act, 1932


Nature of partnership firm, Relations of partners to one another and outsiders, Rights /Duties of partners
inter se, Partnership Property: Relations of Partners to third parties, Liability for holding out, Minor as a
partner; Incoming and outgoing partners, Dissolution of Partnership Firm, Modes of Dissolution,
Consequences of dissolution, Registration of firms and effects of non registration.

Examination Scheme:

Components P/S/V CT C A EE
Weightage (%) 10 10 5 5 70

Texts & References:

 Pollock and Mulla, Indian Contract Act 


 Avtar Singh, Indian Contracts Act 
 Mulla, D. F., Indian Partnership Act 
  Desai, T.R., Law of Contracts and Partnership sale of good Act 
 R.K. Bangia, Sales of Goods Act, 1930 
 Avtar Singh, Sales of Good Act 
 Avtar Singh, Indian Partnership Act. 
 K. Sukumaran, Pollock & Mulls - The Indian Partnership Act 

You might also like