Mulla The Sale of Goods Act and The Indian Partnership Act

This popular book is a lucid commentary on the topics of partnership and the sale of goods which are an extension of the law of contract. The present edition has been thoroughly revised to incorporate the landmark as well as other important decisions of the Supreme Court and the High Courts. An exclusively novel feature of this edition is the addition of the text of the Limited Liability Partnership Act, 2008 alongwith short notes.

The commentary also includes a brief overview of the principles of law found in the United Nations Convention on International Sale of Goods as applicable to international trade law. Most helpfully for readers, it also includes an explanation of important terms of usage in international trade such as CIF, FOB, Ex-works etc. This handy volume provides a complete understanding of fundamental concepts. For easy understanding of readers the book has been divided into three parts namely, the Sale of Goods Act, the Indian Partnership Act, and the Limited Liability Partnership Act, 2008.

Keyfeatures
• The book has been divided into three parts:
? The Sale of Goods Act, 1930
? The Indian Partnership Act, 1932
? The Limited Liability Partnership Act, 2008
• Includes a comprehensive commentary on statutory provisions supplemented with recent Case Law on the topics of partnership and the sale of goods which are an extension of the law of contract.
• Explains the key concepts of the sale of goods and partnership in India.
• Commentary explains the commercial terms widely used in international trade.
• It also deals with the nature of partnership, and all provisions dealing with partnership such as partners, registration of firms, dissolution of firms etc.

New to this edition
• Includes a brief commentary on the salient features of Limited Liability Partnership.
• An overview of the Limited liability Partnership Act, 2008 supplemented with short notes.
• Provisions of United Nations Convention on International Sale of Goods applicable to international trade discussed.
• Old illustrations under the statutory provisions have been replaced with examples from contemporary commercial transactions.
• Thoroughly updated and revised edition including all important decisions of the Supreme Court and the High Courts.

The Sale of Goods Act, 1930
(Act No. III of 1930)
I Preliminary ..................................................................................... 3
II Formation of the Contract............................................................... 15
III Effects of the Contract .................................................................... 55
IV Performance of the Contract ........................................................... 87
V Rights of Unpaid Seller Against the Goods.................................... 107
VI Suits for Breach of the Contract ..................................................... 127
VII Miscellaneous ................................................................................. 139

The Indian Partnership Act, 1932
(Act No. IX of 1932)
I Preliminary ..................................................................................... 149
II The Nature of Partnership............................................................... 155
III Relations of Partners to One Another ............................................. 171
IV Relations of Partners to Third Parties ............................................. 185
V Incoming and Outgoing Partner...................................................... 207
VI Dissolution of a Firm...................................................................... 219
VII Registration of Firms ...................................................................... 247
VIII Supplemental .................................................................................. 271

x The Sale of Goods Act & The Indian Partnership Act
The Limited Liability Partnership Act, 2008
(Act No. 6 of 2009)
I Preliminary ..................................................................................... 286
II Nature of Limited Liability Partnership.......................................... 289
III Incorporation of Limited Liability Partnership and Matters Incidental Thereto........................................................................... 292
IV Partners and Their Relations........................................................... 295
V Extent and Limitation of Liability of Limited Liability
Partnership and Partners ................................................................. 298
VI Contributions .................................................................................. 299
VII Financial Disclosures...................................................................... 300
VIII Assignment and Transfer of Partnership Rights ............................. 302
IX Investigation ................................................................................... 302
X Conversion into Limited Liability Partnership ............................... 308
XI Foreign Limited Liability Partnerships........................................... 309
XII Compromise, Arrangement or Reconstruction of Limited
Liability Partnerships...................................................................... 309
XIII Winding up and Dissolution ........................................................... 312
XIV Miscellaneous ................................................................................. 313
Subject Index ........................................................................................................ 327

Justice K Kannan is a Judge of the Punjab and Haryana High Court. He is the revising editor of several leading books including Modi, A Textbook of Medical Jurisprudence & Toxicology and Paruk’s The Indian Succession Act.

He enrolled as an advocate in July 1977 and is a third generation lawyer in his family. Justice Kannan was elevated as Judge of the Madras High Court in July 2008. He was on the editorial board of the Madras Law Journal from 2006 to 2008.