PAPER- III: LAW OF BANKING AND NEGOTIABLE INSTRUMENTS

Unit-I:

i. History of the Banking Regulation Act —

ii. Salient features —
iii. Banking Business and its importance in modern times.

Unit-II:

i. Relationship between Banker and Customer —

ii. Debtor and Creditor Relationship —
iii. Fiduciary Relationship —
iv. Trustee and Beneficiary —
v. Principal and Agent —
vi. Bail and Bailee —
vii. Guarantor, etc.
viii. Unit-III:
ix. Cheques —
x. Crossed Cheques —
xi. Account Payee —
xii. Banker's Drafts —
xiii. Dividend Warrants —
xiv. Postal order and money orders —
xv. Travellers cheques and circular notes —
xvi. Negotiable instruments and deemed negotiable instruments —
xvii. Salient features of Negotiable Instruments Act.

Unit-IV:

i. The Paying Banker —

ii. Statutory protection to Bankers —
iii. Forgeries—
iv. Collecting Banker –
v. Statutory protection.

Unit-V:

i. Banker's lien and set off. –

ii. Advances –
iii. Pledge –
iv. Land –
v. Stocks –
vi. Shares –
vii. Life Policies –
viii. Document of title to Goods –
ix. Bank Guarantees –
x. Letters of Credit.