JAIIB: Legal & Regulatory aspects of Banking (Part 1) 

Permitted Business for Banks

Prohibited Business for Banks

Constitution of Banks

Overview of RBI Act

Overview of Banking Regulation Act

Reserve Bank as a Central Bank and Regulator of Banks

Government as Regulator of Banks

Control over Co-operative Banks

Regulation by other authorities over banks

Essential elements of contract Introduction

Essential elements of valid contract detailed explanation

Different types of contract

Contracts on the basis of validity

Contracts on the basis of Formation

Contracts on the basis of Performance

Formal Contracts

What is Proposal/ Offer?

Clssification of Offers

General Rules of Offer

Rules Regarding Acceptance

Communication of Offer and Acceptance

Revocation of Offer and Acceptance

What is Consideration?

Legal requirements related to Consideration

Case #1 Consideration received from third party - Contract valid or not valid?

Case #2 - Consideration from third party - Contract valid or not valid?

Exception to the rule - No Consideration No Contract

Privily of Contract

Exceptions to Privily of Contract

Legality of Object on a Contract

What is Public Policy?

What are Electronic Contracts?

Capacity to enter into Contract

Who is a Minor?

Effect of an Agreement with Minor

Unsound Mind Person

Other disqualified persons

What is Free Consent?

What is Coercion?

Impact when contract is obtained by Coercion

What is Undue Influence?

Examples for Undue Influence

Examples for Undue Influence

How to rebut the presumption of undue influence?

What will happen to the contract obtained by Undue Influence?

Difference between Coercion & Undue Influence

What is Fraud?

What will happen to contract obtained by Fraud?

What is Misrepresentation?

What will happen to a contract obtained by Misrepresentation?

Voidability of agreements without free consent

Difference between Fraud and Misrepresentation

Mistake (Mistake of Law)

Mistake (Mistake of Fact - Bilateral)

Mistake (Mistake of Fact - Unilateral)

Contract of Indemnity

Rights of Indemnity Holder

When Contract of Indemnity is Enforceable?

What is Contract of Guarantee?

Essential features of contract of guarantee

Difference between Contract of Indemnity & Guarantee

Liability of Surety

Types of Guarantee

Revocation of Continuing Guarantee

Rights of Surety against Creditor

Rights of Surety against Co-sureties

Discharge of Surety by Revocation

Discharge of Surety by Conduct of Creditor

What are Quasi Contracts?

Five kinds of Quasi Contractual Obligations

Quantum Meruit

What are Contingent Contracts?

Rules related to Contingent Contracts

What is Wagering Agreement?

Difference between Wagering Agreement & Contingent Agreement

Discharge of Contracts

Discharge by Performance

Discharge by Agreement / Consent

Discharge by Lapse of Time

Discharge by Opertion of Law

Discharge by Impossibility of Performance

Cases where Contract not discharged on ground of supervening impossibility

Discharge by Breach of Contract

What is Bailment?

Essential Ingredients of Bailment

Classification of Bailment

Duties of Bailor

Duties of Bailee - Part 1

Duties of Bailee - Part 2

Rights of Bailor

Rights of Bailee

Finder of Goods and his rights

When Contract of Bailment can be termintated?

Partnership - Definition and Features

Accounting Rules in the absence of Partnership Deed

Fixed Capital and Fluctuating Capital Methods

Difference between Fixed Capital and Fluctuating Capital Methods

Welcome Lecture and Introduction to Companies Act 2013

What is Company?

Seperate legal entity of company?

Lifting of corporate Veil

Classes of Companies

Classification of Companies on the basis of Liability

One Person Company

Private Company

Comparison between OPC & Private Company

Small company

Public limited company

Holding and subsidiary companies

Example Holding and Subsidiary Relationship

Whether Subsidiary company can hold shares in holding company

Associate Company

Classification of companies on the basis of access to capital

Government Company

Foreign Company

Section 8 Company

Dormant Company

Nidhi Companies

Public Financial Institutions

Conversion of Public Company into Private Company

Conversion of Private Company into Public Company

Memorandum of Association An Overview

Contents and Forms of Memorandum of Association

Reservation of Name for Companies

Alteration in Capital Clause of Memorandum

Examples for Alteration in Capital Clause of Memorandum

Registered Office of Company

Change in Registered Office from one jurisdiction of one RoC to another RoC

Provisions related to publication of Name of Company

Alteration of Articles

Conversion of OPC into Private / Public Companies

Conversion of a Private Company into One Person Company

Alteration in MoA & AoA to be noted in every copy

Rectification of Name of the Company (Sec 16)

Copies of Memorandum & Articles to be given to Members (Sec 17)

Conversion of Companies from One Class to another (Sec 18)

What is Doctrine of Ultra Vires?

Effects of Ultra Vires Transactions?

Doctrine of Constructive Notice

Doctrine of Indoor Management

Knowledge of Irregularity - Exception to Doctrine of Indoor Management

Negligence - Exception to Doctrine of Indoor Management

No knowledge of Articles - Exception to Doctrine of Indoor Management

Illegal transactions & Forgery - Exception to Doctrine of Indoor Management

Articles of Association and related provisions in Companies Act 2013

Articles of Association and related provisions in Companies (Incorporation) Rule

Companies Act overrides Memorandum and Articles

Provisions related to Alteration of Memorandum

Alteration of Name Clause in Memorandum

Alteration of Situational Clause in Memorandum

Alteration of Objects Clause in Memorandum

Provisions of Alteration of Memorandum in Companies (Incorporation) Rules, 2014

Introduction to Public Offer and Private Placement

Public Offer and Private Placement

Introduction to Sale of Goods Act 1930

Definition of Goods

Other Definitions

Contract of Sale, Agreement to Sell and Sale

Difference between Contract of Sale and Agreement to Sell

Difference between Sale and Hire Purchase - Part 1

Difference between Sale and Hire Purchase - Part 2

Essentials of Contract of Sale of Goods

Making of Contract of Sale

Effect of Destruction of Goods

Ascertainment of Price

Agreement to sell at valuation and stipulations to time

Transfer of Ownership

When the property passes from seller to buyer?

Ascertaining time of transfer of property when intention of parties cannot be as

Reservation of Right of Disposal

Effect of Destruction of Goods

Transfer of Title by Non Owners of Goods or Sale by Non Owners

What is Performance of Contract under Sale of Goods Act?

Delivery OF GOODS

Rules of Delivery (Part 1)

Rules of Delivery (Part 2)

Rules of Delivery (Part 3)

Acceptance of Delivery

Buyers Liability for rejecting goods

Rights of the Buyer

Duties of the Buyer

Introduction to Control over organisation of Banks

Licenense Requirement from RBI and its discretion

Conditions to be satisfied for getting Banking License

Licensing for Foreign Banks and Local Area Banks

Cancellation of License

Branch LIcensing

Paid Up Capital and Reserves

Share holding in Banking Companies - Part 1

Share holding in Banking Companies - Part 2

Subsidiaries of Banking Companies