Doctrine of Reputed Ownership and the Consequences of Doctrine of 'Relation Back', Proof of Debts, Compositions and Schemes of Arrangement, Distribution of Property, Discharge of Property, Discharge of the Debtor, Powers, Duties and Liabilities of the Official Assignee and Receiver, and the Law Relating to Appeals, Revision and Reviews.
Optional Paper - 8 : Law of Insurance - I
The course shall comprise of the following :
(1)Origin and History of Insurance Law :
Nationalisation and Regulation of Insurance Business.
Definition, Essentials, Nature, Kinds and Application of Doctrine of Utmost Good Faith and Doctrine of Indemnity
(a)Insurable Interest - Definition, Essentials, Nature and Person having Insurable Interest.
(b)Premium - Definition, Mode or Method of Payment, Days of Grace, Forfeiture and Return of Premium.
(c)The Risk - Meaning, Essentials, Scope, Alteration and Application of Doctrine of Causa Proxima.
(d)Assignment of Insurance Policy - Nature and Manner
(e)Warranty - Meaning, Characters, Kinds, the Effect of Breach of Warranty, Warranty and Representation.
(3)Life Insurance : Definition, Essentials, Nature, Scope, Event Insured, Circumstances Affecting the Risk Including Suicide, Categories of Insurance Policies.
(4)Fire Insurance : Definition, Nature, Scope, Meaning of the Term, Fire, Loss by Fire, Categories of Fire Insurance Policy and the Application of Special Doctrine - Reinstatement, Sabrogation, Contribution etc.
(5)Marine Insurance : Definition, Scope, Nature, Categories of Marine Insurance Policies, Insured Perils, Loss and Abandonment, Partial Losses and General Average, Measure of Indemnity.
(6)Miscellaneous Insurance (Burglary, Liability and Motor Vehicle) - Definition, Nature and Scope.
(7)Double Insurance and Reinsurance
Optional Paper - 9 : Conflict of Laws
Definition; Nature and Scope of Private International Law. Domicile, Nationality and Renoi. Classification. General Principles Relating to Jurisdiction.
Conflict of Laws Relating to -
(a)Persons : Status and Capacity, Corporations.
(b)The Family : Validity and Effects of Marriage, Divorce, Legitimacy : Adoption; Guardianship and Lunacy.
(c)Contracts : Form, Interpretation, Illegality and Discharge.
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