Syllabus -

  • UNIT -1 - Indemnity and Guarantee • Contract of Indemnity: Nature and definition of contract of indemnity, Rights of indemnity holder, extent of indemnifier’s liability • Contract of Guarantee: Meaning and Nature of contract of guarantee, Distinction between indemnity and guarantee, extent of surety’sliability and discharge of surety under the contract of guarantee. 
  • UNIT-2 - Bailment and Pledge • Meaning and distinction • Rights and duties of bailor/bailee, pawnor/pawnee • Lien • Termination of bailment 
  • UNIT-3 -  Agency • Definition of agent and principal, essentials of relationship of agency • Creation of agency: by agreement, ratification and law • Relation of principal/ agent, sub agent, and substituted agent • Termination of agency 
  • UNIT-4 - Specific Relief Act 1963 • General Principles of Granting Specific Relief • Recovery of Possession of Immovable and Movable Property • Specific Performance of Contracts Including Contracts which cannot be Specifically Enforced • Rectification and Cancellation of Instruments • Rescission of Contracts • Injunctive Relief • Declaratory Decrees