Syllabus of O6 – Commercial Laws

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syllabus of O6 Commercial Laws

Syllabus GRID:

Here is the grid for Syllabus of O6 Commercial Laws .

GRIDWEIGHTAGE
Introduction to Legal System of Pakistan10%
The Contract Act, 1872 Sales of Good Act, 1930 Partnership Act, 1932
Negotiable Instrument Act, 1881
70%
PPRA Ordinance, 2002 (Public Procurement Regulatory Authority)
PPRA Rules, 2004
20%

Detailed Syllabus Contents:

The detailed Syllabus of Commercial Laws for upcoming attempt is given below.

PART – A

1.  Introduction to Legal System of Pakistan

  • Need of study of law
  • Sources of law
  • System of court
  • Doctrine of precedent
  • Pakistan’s law making authority

PART – B

2.  The Contract Act, 1872

  • Contract and its kinds
  • Offer and acceptance
  • Consideration and object
  • Capacity of parties
  • Free consent
  • Void agreements
  • Contingent and quasi contracts
  • Performance of contract
  • Discharge of contract
  • Remedies for breach of contract
  • Indemnity and guarantee
  • Bailment and pledge
  • Contract of agency

3.  Sales of Good Act, 1930

  • Contract of sale of goods
  • Conditions and warranties
  • Transfer of property
  • Performance of contract of sale
  • Rights of unpaid seller

4.  Partnership Act, 1932

  • Definition and essential features
  • Kinds of partners including clauses related to minor partner
  • Difference   between   partnership   and   co- ownership
  • Formation of partnership
  • Types of partnership
  • Registration   of   firms   and   effect   of   non- registration
  • Rights, duties and liabilities of partner
  • Implied authority and non-implied authority of partner
  • Re-constitution of a firm (incoming & outgoing partners)
  • Modes of dissolution of a firm;

5.  Negotiable Instrument Act, 1881

  • Negotiable instrument
  • Parties to negotiable instrument
  • Presentment of negotiable instrument
  • Negotiation of negotiable instrument
  • Dishonour of negotiable instrument
  • Banker and customer

PART – C

6.  PPRA Ordinance, 2002 (Public Procurement Regulatory Authority)

  • Chapter I.-Preliminary
  • Chapter II.-Establishment Of Authority
  • Chapter III.-Management And Administration Of The Authority
  • Chapter IV.-Financial Provisions
  • Chapter V.-Regulatory and Other Provisions.
  • Chapter VI.-Miscellaneous

7.     PPRA Rules,2004

  •  Short title and commencement.
  •  General Provisions
  • Procurement planning
  • Procurement Advertisements
  • Pre-Qualification, Qualification And Disqualification Of Suppliers And Contractors                              
  • Methods Of Procurement
  • Opening, Evaluation And Rejection Of Bids
  • Acceptance     Of     Bids     And     Award     Of Procurement Contracts
  • Maintenance   Of   Record   And   Freedom   Of Information
  • Redressal  Of  Grievances  And  Settlement  Of Disputes

Recommended Books:

TITLEAUTHORPUBLISHER
Bare ActsGovt. of PakistanPublications Division, Govt. of Pakistan.
Elements of Mercantile LawN.D. KapoorSultan Chand and Sons
Mercantile LawLuqman BaigGhanzanfar Academy Pakistan
PPRA RulesGovt. of PakistanGovt. of Pakistan

SUMMARY:

Introduction

This course is designed to focus on the important topics of Business Laws, governing the operational aspects of business. A thorough study of this course will develop students’ knowledge about the legal system, contract, Partnership, Sales and Procurement Laws apply in Pakistan.

OBJECTIVE:


To equip the students with the knowledge of business laws, the course enables them to:

  • Understand the legal system of Pakistan
  • Understand application of commercial laws in industry
  • Advise the management on the financial and non- financial implications of business laws for the effective operations of the business.

On completion of this course, you should be able to:

  • Understand the legal system of Pakistan
  • Comprehend the sources of business laws;
  • Understand   the   various   laws   and   provisions contained in the contract act, 1872;
  • Elucidate    the    various    laws    and    provisions contained  in  the  sale  of  goods  act.  1930  and partnership act, 1932
  • Comprehend   the   laws   related   to   negotiable instrument act, 1881;
  • Get     acquainted     with     Public     Procurement Regulatory Authority (PPRA) Act and rules;
  • Interpret   Public   Procurement   Authority   Laws and  its  practical  guidelines  used  for  tendering, bidding and awarding of contracts.

Focus:

syllabus of O6 Commercial Laws syllabus of O6 Commercial Laws syllabus of O6 Commercial Laws syllabus of O6 Commercial Laws syllabus of O6 Commercial Laws syllabus of O6 Commercial Laws

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