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Insurance Law – Unit I LLB Class Notes
Introduction: Nature and Definition History of Insurance History and development of Insurance in India Insurance Act, 1938 Insurance Regulatory Authority Act, 1999: Its role and functions
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Banking Law – Unit V LLB Class Notes
Ancillary Services and E- Banking: Remittances General, DD, MT, TT, Traveler’s cheques, bank orders, credit card, debit/smart cards, safe deposit vaults, gift cheques, stock invest E-Banking E-Banking Definition E-Banking includes Internet banking, mobile banking, ATM banking, computerized banking E-Banking Services Retail Services Wholesale Services E-Cheque – authentication Cyber Evidence Banking Ombudsman
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Banking Law – Unit IV LLB Class Notes
Banker and customer Relationship Definition of banker and customer General relationship Special relationship Banker’s duty of secrecy, banker’s duty to honour cheques, banker’s lien, and banker’s right to set off Appropriation of payments Garnishee order Customer’s duties towards his banker Opening of New Accounts Special types of customers Minor’s A/C, Joint A/C, Partnership A/C, Company’s
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Banking Law – Unit III LLB Class Notes
Law relating to Negotiable Instruments, 1881 Act (Read with the amended Act of 2002) Negotiable Instruments Kinds Holder and holder in due course Parties Negotiation Assignment Presentment Endorsement – Liability of parties Payment in due course Special rules of evidence Material alteration Noting and protest Paying banker and collecting banker Bills in sets Penal provisions
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Banking Law – Unit II LLB Class Notes
Employment of funds Loans and Advances Guarantees Advances secured by Collateral securities Agency Services Financing of Exports Special Banking Services Advances to Priority Sectors and Credit Guarantee schemes Securitisation Act, 2002
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