PPT - Nature of contract CA Foundation Notes | EduRev

Mercantile Law for CA CPT

Created by: Srsps

CA Foundation : PPT - Nature of contract CA Foundation Notes | EduRev

 Page 1


The Indian Contract Act, 1872 
Unit 1: Nature of Contracts 
Paper 2 Mercantile Law Chapter 1 
Mr. Varughese Thomas- Asstt. Secy. ICAI, Kanpur 
 
Page 2


The Indian Contract Act, 1872 
Unit 1: Nature of Contracts 
Paper 2 Mercantile Law Chapter 1 
Mr. Varughese Thomas- Asstt. Secy. ICAI, Kanpur 
 
Preface 
2 
Laws: Citizens & States 
Laws for Business 
Govern/ Regulate Trade and Commerce 
Outcome of Trade/ Commerce in England 
• Mainly of English Laws 
Page 3


The Indian Contract Act, 1872 
Unit 1: Nature of Contracts 
Paper 2 Mercantile Law Chapter 1 
Mr. Varughese Thomas- Asstt. Secy. ICAI, Kanpur 
 
Preface 
2 
Laws: Citizens & States 
Laws for Business 
Govern/ Regulate Trade and Commerce 
Outcome of Trade/ Commerce in England 
• Mainly of English Laws 
 
Contents of Different Chapters 
 
3 
The Indian Contract Act, 1872:- Principles of formation;  Not to 
involve State or persons  not parties; A contract is voluntary 
Sale of Goods Act, 1930-;Was Chapter VII of Indian Contract 
Act, 1872; Act Underwent amendments; Latest ‘Multimodal 
Transportation of Goods Act, 1993  
The Indian Partnership Act, 1932; Was in Chapter XI of ICA, 
1872. 
Page 4


The Indian Contract Act, 1872 
Unit 1: Nature of Contracts 
Paper 2 Mercantile Law Chapter 1 
Mr. Varughese Thomas- Asstt. Secy. ICAI, Kanpur 
 
Preface 
2 
Laws: Citizens & States 
Laws for Business 
Govern/ Regulate Trade and Commerce 
Outcome of Trade/ Commerce in England 
• Mainly of English Laws 
 
Contents of Different Chapters 
 
3 
The Indian Contract Act, 1872:- Principles of formation;  Not to 
involve State or persons  not parties; A contract is voluntary 
Sale of Goods Act, 1930-;Was Chapter VII of Indian Contract 
Act, 1872; Act Underwent amendments; Latest ‘Multimodal 
Transportation of Goods Act, 1993  
The Indian Partnership Act, 1932; Was in Chapter XI of ICA, 
1872. 
Objective of ML in syllabus 
 To Test gen. comprehension of ele.of ML  Contents:  
4 
ICA, 1872 _ Sec 1 to 75; Gen nature;consideration, 
essntl. Elements, performance and breach. 
SGA, 1930: Formation sale; conditions & warranties, 
transfer & delivery of goods, Unpaid Seller 
IPA, 1932:- Nature, Right & Duties; Regn & Dissolution. 
Page 5


The Indian Contract Act, 1872 
Unit 1: Nature of Contracts 
Paper 2 Mercantile Law Chapter 1 
Mr. Varughese Thomas- Asstt. Secy. ICAI, Kanpur 
 
Preface 
2 
Laws: Citizens & States 
Laws for Business 
Govern/ Regulate Trade and Commerce 
Outcome of Trade/ Commerce in England 
• Mainly of English Laws 
 
Contents of Different Chapters 
 
3 
The Indian Contract Act, 1872:- Principles of formation;  Not to 
involve State or persons  not parties; A contract is voluntary 
Sale of Goods Act, 1930-;Was Chapter VII of Indian Contract 
Act, 1872; Act Underwent amendments; Latest ‘Multimodal 
Transportation of Goods Act, 1993  
The Indian Partnership Act, 1932; Was in Chapter XI of ICA, 
1872. 
Objective of ML in syllabus 
 To Test gen. comprehension of ele.of ML  Contents:  
4 
ICA, 1872 _ Sec 1 to 75; Gen nature;consideration, 
essntl. Elements, performance and breach. 
SGA, 1930: Formation sale; conditions & warranties, 
transfer & delivery of goods, Unpaid Seller 
IPA, 1932:- Nature, Right & Duties; Regn & Dissolution. 
‘Contract’ 
5 
Agreement  
Commitments 
should be 
fulfilled 
Legally 
binding to 
parties 
Remedy 
through court 
of law 
Read More

Share with a friend

7 videos|41 docs|44 tests

Up next >

Complete Syllabus of CA Foundation

Dynamic Test

Content Category

Related Searches

pdf

,

shortcuts and tricks

,

Free

,

past year papers

,

Important questions

,

Objective type Questions

,

Exam

,

Previous Year Questions with Solutions

,

Extra Questions

,

PPT - Nature of contract CA Foundation Notes | EduRev

,

Semester Notes

,

ppt

,

Viva Questions

,

PPT - Nature of contract CA Foundation Notes | EduRev

,

PPT - Nature of contract CA Foundation Notes | EduRev

,

MCQs

,

video lectures

,

practice quizzes

,

study material

,

Summary

,

mock tests for examination

,

Sample Paper

;