{"id":5489,"date":"2022-05-11T16:29:09","date_gmt":"2022-05-11T16:29:09","guid":{"rendered":"https:\/\/commerceiets.com\/?page_id=5489"},"modified":"2022-05-11T16:29:09","modified_gmt":"2022-05-11T16:29:09","slug":"commercial-law-notes","status":"publish","type":"page","link":"https:\/\/commerceiets.com\/bcom-gndu-notes\/commercial-law-notes\/","title":{"rendered":"COMMERCIAL LAW NOTES"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/bcom-gndu-notes\/commercial-law-notes\/#COMMERCIAL_LAW_NOTES\" title=\"COMMERCIAL LAW NOTES\">COMMERCIAL LAW NOTES<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/bcom-gndu-notes\/commercial-law-notes\/#INDIAN_CONTRACT_ACT_1872\" title=\"INDIAN CONTRACT ACT, 1872\">INDIAN CONTRACT ACT, 1872<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/commerceiets.com\/bcom-gndu-notes\/commercial-law-notes\/#LIMITED_LIABILITY_PARTNERSHIP_ACT_2008\" title=\"LIMITED LIABILITY PARTNERSHIP ACT 2008\">LIMITED LIABILITY PARTNERSHIP ACT 2008<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"commercial-law-notes\"><span class=\"ez-toc-section\" id=\"COMMERCIAL_LAW_NOTES\"><\/span>COMMERCIAL LAW NOTES<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Click on the link to get the mercantile law or commercial law notes chapter-wise.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"indian-contract-act-1872\"><span class=\"ez-toc-section\" id=\"INDIAN_CONTRACT_ACT_1872\"><\/span>INDIAN CONTRACT ACT, 1872<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p id=\"definition-and-nature-of-contract\"><strong><a href=\"https:\/\/commerceiets.com\/nature-of-contract\/\" target=\"_blank\" rel=\"noreferrer noopener\">DEFINITION AND NATURE OF CONTRACT<\/a><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/commerceiets.com\/offer-and-acceptance-contract-law-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>OFFER AND ACCEPTANCE<\/strong><\/a><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/commerceiets.com\/consideration-contract-law-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONSIDERATION<\/a><\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/commerceiets.com\/capacity-to-contract-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\">CAPACITY TO CONTRACT<\/a><\/strong><\/p>\n\n\n\n<p><strong>FREE CONSENT<\/strong><\/p>\n\n\n\n<p><strong>DISCHARGE OF CONTRACT<\/strong><\/p>\n\n\n\n<p><strong>REMEDIES FOR BREACH OF CONTRACT<\/strong><\/p>\n\n\n\n<p><strong>CONTRACTS OF INDEMNITY AND GUARANTEE<\/strong><\/p>\n\n\n\n<p><strong>BAILMENT AND PLEDGE<\/strong><\/p>\n\n\n\n<p><strong>CONTRACT OF AGENCY<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"limited-liability-partnership-act-2008\"><span class=\"ez-toc-section\" id=\"LIMITED_LIABILITY_PARTNERSHIP_ACT_2008\"><\/span><strong>LIMITED LIABILITY PARTNERSHIP ACT 2008<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong><a href=\"https:\/\/commerceiets.com\/limited-liability-partnership-act-2008-notes\/\" target=\"_blank\" rel=\"noreferrer noopener\">LIMITED LIABILITY PARTNERSHIP<\/a><\/strong><\/p>\n\n\n\n<p><strong>CONSUMER PROTECTION ACT<\/strong><\/p>\n\n\n\n<p><strong>CONSUMER PROTECTION ACT, 1986<\/strong><\/p>\n\n\n\n<p>Commercial Law contains the topics of:<\/p>\n\n\n\n<p>The Indian Contract Act, 1872<br>Contract \u2013 Meaning, Characteristics and kinds, Essentials of valid contract \u2013 Offer and acceptance, consideration, contractual capacity, free consent. Discharge of contract \u2013Modes of discharge, Breach of Contracts and its remedies.<\/p>\n\n\n\n<p>Contract of Indemnity and Guarantee<br>Contract of Bailment &amp; Pledge, Contract of Agency<\/p>\n\n\n\n<p>The Sale of Goods Act, 1930<br>Contract of sale, meaning and difference between sale and agreement to sell., Conditions<br>and warranties, Transfer of ownership in goods including sale by non\u2013owners,<br>Performance of contract of sale ,Unpaid seller \u2013 meaning and rights of an unpaid seller against the goods and the buyer.<\/p>\n\n\n\n<p>Consumer Protection Act 2020 And Consumer protection Act 1986 Definitions, objectives, redressal machineries.<br>The Limited Liability Partnership Act, 2008<\/p>\n\n\n\n<p>Salient Features of LLP, Difference between LLP and Partnership, LLP and Company , LLP Agreement, Nature of LLP, Partners and Designated Partners ,Incorporation Document, Incorporation by Registration, Registered Office of LLP and Change Therein, Change of Name, Partners and their Relations, Extent and Limitation of Liability of LLP and Partners ,Whistle Blowing, Contributions ,Financial Disclosures, Annual Return, Taxation of LLP, Conversion to LLP, Winding Up and Dissolution.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"326\" height=\"155\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2022\/05\/download-1.jpg\" alt=\"COMMERCIAL LAW NOTES\" class=\"wp-image-5490\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2022\/05\/download-1.jpg 326w, https:\/\/commerceiets.com\/wp-content\/uploads\/2022\/05\/download-1-300x143.jpg 300w\" sizes=\"(max-width: 326px) 100vw, 326px\" \/><figcaption>COMMERCIAL LAW NOTES<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>COMMERCIAL LAW NOTES Click on the link to get the mercantile law or commercial law notes chapter-wise. INDIAN CONTRACT ACT, 1872 DEFINITION AND NATURE OF CONTRACT OFFER AND ACCEPTANCE CONSIDERATION CAPACITY TO CONTRACT FREE CONSENT DISCHARGE OF CONTRACT REMEDIES FOR BREACH OF CONTRACT CONTRACTS OF INDEMNITY AND GUARANTEE BAILMENT AND PLEDGE CONTRACT OF AGENCY LIMITED&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/bcom-gndu-notes\/commercial-law-notes\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;COMMERCIAL LAW NOTES&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":5490,"parent":5472,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/pages\/5489"}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=5489"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/pages\/5489\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/pages\/5472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/5490"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=5489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}