CONTENTS
1. Indian Contract Act, 1872 - Part I 1
1.1 Introduction
1.2 Definition and Meaning of a Contract
1.3 Offer and Acceptance
1.4 legal Rules on Essentials of a Valid Acceptance
1.5 Provisions of Contract Act regarding Communication of Offer (Proposal);
Acceptance and Revocation
1.6 Consideration
1.7 Capacity of Parties
1.8 Free Consent
1.9 Summary
1.10 Self-assessment Questions
2. Indian Contract Act, 1872 - Part II 53
2.1 Introduction
2.2 legality of Object and Consideration
2.3 Void Agreements
2.4 Contingent Contract
2.5 Performance of Contract
2.6 Kinds of Tender
2.7 Effect of Refusal of a Party to Perform Promise wholly 2.8 Effect of Release of one of the Joint Promisors (Sec. 44)
2.9 Reciprocal Promises and Rules regarding their Performance
2.10 Time and Place of Performance
2.11 Appropriation of Payment
2.12 Discharge of Contract
2.13 Remedies for Breach of Contract
2.14 Quasi-contract
2.15 Summary
2.16 Self-assessment Questions
3. Special Types of Contracts 93
3.1 Introduction
3.2 Contract of Indemnity
3.3 Contract of Guarantee
3.4 Contract of Bailment
3.5 Contract of Agency
3.6 Types of Agents
3.7 Rights, Duties and Liabi lities of an Agent
3.8 Rights, Duties and Liabilities of Principal
3.9 Termination of Agency
3.10 Summaiy
3.11 Self-assessment Question
4. Partnership Act, 1932 151
4.1 Introduction
4.2 Definitions
4.3 Essential Elements or Main Features of Partnership 4.4 Test of Partnership
4.5 Types of Partnership and Partners
4.6 Formation of Partnership and Registration of Partnership
4.7 Rights, Duties, Liabilities of Partners
4.8 Liabilities of Partners to the Third Party
4.9 Mutual Relations of Partners
4.10 The Authority of a Partner and Liability to Third Party 4.11 Provision relating to Minor Partners and Property of the Fund
4.12 Reconstitution of a Firm
4.13 Revocation of Continuing Guarantee by Change in Firm
4.14 Dissolution of a Firm
4.15 Provisions relating to Public Notice
4.16 Distinction between Partnership and some other forms of Organisation
4.17 Summary
4.18 Self-assessment Questions
5. Sale of Goods Act, 1930 209
5.1 Introduction
5.2 Contract of Sale of Goods
5.3 Sale and Agreement
5.4 Conditions and Warranties
5.5 Doctrine of Caveat Emptor
5.6 Transfer of Property (Ownership)
5.7 Performance of Contract of Sale
5.8 Rights of Unpaid Seller and Remedial Measures
5.9 Summary
5.10 Self-assessment Questions
6. The Negotiable Instruments Act, 1881 257
6.1 Introduction
6.2 Negotiable Instruments - Meaning and Characteristics 6.3 Parties to Negotiable Instruments
6.4 Crossing
6.5 Negotiation and Types of Endorsements
6.6 Duties and Liabilities of Paying Banker
6.7 Duties and Liabilities of Collecting Banker
6.8 Bouncing of a Cheque - ACriminal Offence
6.9 Summary
6.10 Self-assessment Question
7. The Consumer Protection Act, 1986 311
7.1 Introduction
7.2. Aims and Objects of the Act.
7.3 Definitions
7.4. Consumer Protection Councils
7.5. Consumer Disputes Redressal Agencies
7.6 The State Commission
7.7 The National Commission
7.8 Some Other Important Provisions of the Act
7.9 Summary
7.10 Self-assessment Questions
8. Companies Act of 1956 - Part I 361
8.1 Introduction
8.2 Definition and Meaning of a Company
8.3 Main Characteristic or Features of a Company
8.4 Important Types of Companies
8.5 Incorporation of a Company
8.6 Memorandum of Association and Articles of Association
8.7 Summary
8.8 Self-assessment Questions
9. Companies Act of 1956 - Part II 413
9.1 Introduction
9.2 Prospectus
9.3 Share Capital
9.4 Accounts and Audit
9.5 Provisions relating to Directors
9.6 Company Meetings
9.7 Summary
9.8 Self-assessment Questions
Appendix A: Suggested Reference Books 459