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SIX - SEMESTER LL.B. three year DEGREE COURSE ORDINANCES - page 50 / 61

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Optional Paper -12: law of trust, equity and fiduciary relation

This course is designed to acquaint students with general principles of Equity, Trust and Fiduciary Relations and remedies available under Equity. The course shall be divided in two parts:

(1)  Equity(2)  Trust & Fiduciary Relations.

The course shall comprise of the following :

History, nature and principles of Equity-Emergence of law of trust from Equity— The making of Indian Law of Trust and provisions of law of Trust-Religious Trusts-Principles of Equity and Equitable Remedies, Equitable Relief in different branches of law with special reference to property law.

(1)  Equity

(a)

Nature of Equity

(b)

History of Courts of Equity

(c)

Relations of law of Equity

(d)

The maxims of equity

(e)

Different Equitable remedies.

(2)  Trust & Fiduciary Relations :

(a)

Essentials of Trust

(b)

Fiduciary Relationship— Concept, kinds vis-a-vis Trusteeship

(c)

Trust and contract, Power, condition, charge and personal obligations— distinguished

(d)

Classification of Trust and its importance

(e)

Private Trusts

(f)

Public Trusts

(g)

Appointments, Retirement and removal of Trustee

(h)

Rights, Power, Discretion and control of Trustees

(i)

Duties of trustee in relation to :

(i)  Trust property; and

(ii)  Beneficiary

(j)

The Administration of Trust

(k)

Liability for Breach of Trust

(l)

Rights and Remedies of the Beneficiary

(m)

Constructive Trusts.

Optional Paper -13: air & space law

This course shall comprise of the following :

(1)

Sovereignty over Space. Five freedoms of Air

(2)

Hijacking. Aviation safety and terrorism

(3)

The concept, substance and subject matter of International Space Law

(4)

The History of the Development of Space Law

(5)

Sources of International Space Law

(6)

Fundamental Principles of International Space Law

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