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UGC NET LAW (058) · UNIT 06

UGC NET Law (058) Commercial Law: Detailed Study Notes

Commercial Law is a high-scoring unit built on statutes, section numbers and time limits as much as on cases. The notes follow the syllabus: the Indian Contract Act (formation, breach, quasi-contract, specific contracts), the Sale of Goods Act, Partnership and LLP, the Negotiable Instruments Act, Company Law (incorporation, shares, directors, meetings) and CSR. Topic 0 explains how the unit is tested and Topic 11 collects the priority order, a numbers and time-limits cheat sheet, a landmark-case master list and a revision plan.

  • 4modules
  • 12topics
  • 72sub-topics
  • 3memory points
  • 2.3 hto read once

Start here: How the Exam Tests This UnitRapid-recall sheet

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How to use these notes

  1. Round 1: ReadStart with Topic 0, then go through Topics 1 to 10. Company Law (Topics 8 and 9) usually carries the most questions, so give it the most time; learn definitions, numbers and thresholds.
  2. Round 2: ReviseSwitch on Revision mode on any topic page to keep each section's key terms, lists and tables. Use the Exam Pointers at the end of Topic 5 and the priority order in Topic 11.
  3. Last week: RecallUse the rapid-recall sheet (numbers, time limits and the case master list), then the recent amendments in Topic 11 and practice MCQs.

Full syllabus map

Every topic and sub-topic in this chapter, in study order.

Module 1Start Here and the Law of Contract

How the unit is tested, then formation, breach, frustration, void and voidable agreements, standard forms and quasi-contract.

4 topics · 22 sub-topics · 31 min

Module 2Specific Contracts and Sale of Goods

Bailment, pledge, indemnity, guarantee and agency, then the Sale of Goods Act 1930.

2 topics · 14 sub-topics · 25 min

Module 3Partnership, LLP and Negotiable Instruments

The Partnership Act 1932, the LLP Act 2008 and the Negotiable Instruments Act 1881 including cheque dishonour.

2 topics · 13 sub-topics · 24 min

Module 4Company Law, CSR and Final Revision

Incorporation, prospectus, shares and debentures, directors and meetings, CSR, and the exam strategy and master tables.

4 topics · 23 sub-topics · 57 min

Keep going

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