Ebook Corporate and business laws: Part 1

Ebook Corporate and business laws: Part 1 presents the following content: Laws of the Contract; Consent, Indemnity and Guarantee Acts; Contracts of Bailment and Agency; Law of Negotiable Instruments; Law of Sale of Goods; Partnership Act and Limited Liability Act;...Please refer to the documentation for more details.
Nội dung trích xuất từ tài liệu:
Ebook Corporate and business laws: Part 1 Corporate and Business Laws DMGT407 Edited By Dr. Partap Singh www.lpude.in DIRECTORATE OF DISTANCE EDUCATION CORPORATE AND BUSINESS LAWS Edited By Dr. Partap Singh ISBN: 978-93-87034-68-6 Printed by EXCEL BOOKS PRIVATE LIMITED Regd. Office: E-77, South Ext. Part-I, Delhi-110049 Corporate Office: 1E/14, Jhandewalan Extension, New Delhi-110055 +91-8800697053, +91-011-47520129 info@excelbooks.com/projects@excelbooks.com internationalalliance@excelbooks.com www.excelbooks.com for Lovely Professional University Phagwara CONTENTS Unit 1: Laws of the Contract 1 Gopika Juneja, Lovely Professional University Unit 2: Consent, Indemnity and Guarantee Acts 25 Gopika Juneja, Lovely Professional University Unit 3: Contracts of Bailment and Agency 46 Gopika Juneja, Lovely Professional University Unit 4: Law of Negotiable Instruments 75 Shilpa Chaudhary, Lovely Professional University Unit 5: Law of Sale of Goods 107 Sukhpreet Kaur, Lovely Professional University Unit 6: Partnership Act and Limited Liability Act 142 Sukhpreet Kaur, Lovely Professional University Unit 7: Concept of a Company 181 Lalit Bhalla, Lovely Professional University Unit 8: Formation of a Company 201 Lalit Bhalla, Lovely Professional University Unit 9: Memorandum of Association 212 Jasdeep Singh Walia, Lovely Professional University Unit 10: Articles of Association 229 Jasneet Kaur, Lovely Professional University Unit 11: Prospectus, Shares and Share Capital 241 Sushant Gupta, Lovely Professional University Unit 12: Management of Companies 279 Anjali Sharma, Lovely Professional University Unit 13: Meeting of Directors and Shareholders 306 Manpreet Kaur, Lovely Professional University Unit 14: Winding up and Dissolution of a Company 323 Gagandeep Singh, Lovely Professional University SYLLABUS Corporate and Business Laws Objectives: To develop knowledge and to gain ability to explain legal theories and concepts related to Indian Law with reference to overall legal framework. Sr. No. Description 1. Contract Act: Offer and Acceptance, Consideration and Capacity of the Parties, Free Consent, Indemnity and Guarantee, Bailment and Agency. 2. The Negotiable Instruments Act: Definition, Types of Negotiable Instruments, Negotiation, Endorsement and Crossing of Cheque, Dishonour of Cheques, Parties to Negotiable Instruments. 3. Contract of Sale of Goods: Conditions and Warranties, Performance of Contract of Sale, Unpaid Seller and his Rights, Caveat Emptor. 4. Partnership Act and Limited Liability Act. 5. Concept of Company and its Characteristics. Formation of a company. 6. Memorandum and Articles of Association. 7. Prospectus, Shares and Share Capital. 8. Management of Companies. 9. Meeting of Directors and Shareholders. 10. Winding up and Dissolution of a company. Gopika Juneja, Lovely Professional University Unit 1: Laws of the Contract Unit 1: Laws of the Contract Notes CONTENTS Objectives Introduction 1.1 Meaning of the Contract 1.2 Indian Contract Act, 1872 1.3 Essentials of the Contracts 1.4 Classification of the Contracts 1.5 Proposal (or Offer) and Acceptance [Ss.3-9] 1.5.1 Modes of Making an Offer 1.5.2 Difference between Offer and Invitation to Offer 1.5.3 Revocation of Offer 1.5.4 Special Terms in a Contract 1.5.5 Acceptance of an Offer 1.6 Completion of Communication of Offer and Acceptance [S.4] 1.7 Consideration [Ss.2(d), 23-25 and 185] 1.7.1 Meaning of Consideration 1.7.2 “No Consideration, No Contract” [Ss.10 and 25] 1.7.3 Rules regarding Consideration 1.7.4 Unlawful Consideration and Object [Ss.23-24] 1.8 Capacity to Contract [Ss.10-12] 1.8.1 Persons who are Competent to Contract 1.8.2 Capacity of a Minor to Enter into a Contract 1.8.3 Mental Incompetence Prohibits a Valid Contract 1.8.4 Alien Enemy (Political Status) 1.8.5 Foreign Sovereigns and Ambassadors (Political Status) 1.9 Summary 1.10 Keywords 1.11 Review Questions 1.12 Further Reading Objectives After studying this unit, you will be able to: Recognize the meaning of contract; Describe offer and acceptance of the contract; LOVELY PROFESSIONAL UNIVERSITY 1 Corporate and Business Laws Notes Explain the consideration of a contract; ...