Taxmann Special Contracts By Shipra Gupta & Neelam Batra 1st Edition June 2026

Special Contracts By Shipra Gupta & Neelam Batra 1st Edition June 2026 Special Contracts By Shipra Gupta & Neelam Batra 1st Edition June 2026 Description Special Contracts is a comprehensive and contemporary treatise on the law governing the principal special contracts recognised under Indian law—Indemnity, Guarantee, Bailment, Pledge, Agency, Sale of Goods, and Partnership. In a single, cohesive volume, it brings together the three foundational commercial statutes that govern these relationships: the Indian Contract Act 1872, the Sale of Goods Act 1930, and the Indian Partnership Act 1932. The book combines rigorous doctrinal analysis with practical insight, tracing each subject from its statutory text through its development in the courts to its present-day commercial application. It is built on a concept-based, example-led method: abstract principles are introduced through everyday situations and then reinforced with statutory provisions, illustrations, and decided cases. The aim, as the authors put it, is not merely to state the law as it exists, but to help the reader understand the principles that shape its development and application. Running to roughly 800 pages across 20 chapters, the text is well equipped for both study and reference: worked examples and illustrations, comparative tables, a Synopsis at the start and a Summary at the end of every chapter, an exhaustive List of Cases, and a detailed Subject Index. The writing is deliberately clear, lucid, and reader-friendly, making it equally suited to first-time learners and to professionals who need an authoritative, up-to-date reference. The book has been designed to serve a wide spectrum of readers: Law Students Pursuing LL.B., B.A. LL.B., LL.M. and Other Programmes, studying Special Contracts, Commercial Law, or Mercantile Law Aspirants of Judicial Services and Competitive Examinations, and Students of Professional Courses (CA, CS, CMA) where mercantile/commercial law forms part of the syllabus—the Synopsis and Summary features make it well suited to revision Academicians and Teachers seeking a structured, current teaching resource Researchers and Scholars in contract, commercial, and business law Judicial Officers needing a dependable statement of settled and emerging principles Practitioners and Advocates, together with Bankers, Corporate Professionals, and Business Managers who routinely handle guarantees, securities, agency arrangements, sale transactions, and partnerships The Present Publication is the 1st Edition, authored by Prof. (Dr) Shipra Gupta and Dr Neelam Batra, with the following noteworthy features: [Comprehensive Coverage] All major Special Contracts in one volume: Indemnity, Guarantee, Bailment, Pledge, Agency, Sale of Goods, and Partnership [Three Statutes, One Volume] The Indian Contract Act 1872, the Sale of Goods Act 1930, and the Indian Partnership Act 1932 treated together with their shared contractual foundations [Up-to-Date Case Law] Recent Supreme Court decisions cited up to 2025 [Extensive List of Cases] 50 pages carrying well over 1,000 case citations, giving the book strong precedential depth and easy case navigation [Concept-Based Approach] Emphasises genuine understanding over rote memorisation [Example-Led Pedagogy] Worked Examples and Illustrations (including the statutory illustrations under the Contract Act) connect doctrine to real transactions [Comparative Tables & Distinctions] Dozens of ‘difference/distinction between’ treatments (e.g., the indemnity-versus-guarantee comparison table; pledge vs hypothecation and mortgage; sub-agent vs substituted agent) distil key contrasts at a glance [Chapter Synopsis & Summary] A Synopsis at the start and a Summary at the end of every one of the 20 chapters, for orientation and quick revision [Detailed Subject Index] A full Subject Index for fast look-up and reference [Section-Wise Analysis] Detailed treatment of statutory provisions alongside their judicial interpretation [Contemporary Commercial Focus] Attention to evolving legal concepts and modern realities: economic reform, globalisation, technology, and new business models [Clear, Reader-Friendly Style] Lucid presentation that keeps a demanding subject accessible This section sets out the substance the book treats—the doctrines, concepts, and finer points covered across the three statutes. Under the Indian Contract Act 1872 Indemnity—essentials, indemnity against loss and liability, implied indemnity, whether Section 124 is exhaustive, insurance as a contract of indemnity, and the indemnity-holder’s rights Guarantee—the tripartite relationship and consideration; the surety’s secondary and co-extensive liability; kinds of guarantees; bank guarantees as independent contracts; the surety’s rights against the principal debtor, creditor and co-sureties; discharge of the surety; and personal guarantors under the Insolvency and Bankruptcy Code 2016 Bailment & Pledge—the duties and rights of bailor and bailee and the finder of goods; the rights of pawnee and pawnor, who may create a valid pledge, and pledge distinguished from hypothecation and mortgage Agency—actual and apparent/ostensible authority, agency by necessity, and ratification; the duties and rights of agents, sub-agents and substituted agents; the undisclosed-principal doctrine; and the agent’s personal liability Under the Sale of Goods Act 1930 Sale versus agreement to sell, and sale distinguished from exchange, gift, bailment and hire-purchase; auction sales Implied conditions and warranties, and the retreat from caveat emptor toward greater buyer protection Passing of property and risk in specific and unascertained goods, and the nemo dat quod non habet rule with its exceptions Delivery rules, instalment deliveries, and the acceptance and rejection of goods The unpaid seller’s lien, stoppage in transit and right of resale; and damages and other remedies for breach Under the Indian Partnership Act 1932 The nature and kinds of partnership, its historical development, and the position of a minor admitted to the benefits of partnership The mutual rights and duties of partners and a partner’s implied authority to bind the firm The firm’s liability to third parties, including the doctrine of holding out (Section 28) Admission, retirement and expulsion of partners, and the liabilities of incoming and outgoing partners Modes and consequences of dissolution, and registration of firms with the effects of non-registration under Section 69 The structure of the book is as follows: Three-part Architecture — The 20 chapters fall into three parts that track the three statutes—and within each part, the chapters follow the natural life-cycle of the relationship rather than an arbitrary order: Part I · Indian Contract Act 1872 (8 Chapters) — Begins with the risk-allocation contracts (indemnity, then guarantee), moves to possession and security in movable property (bailment, then pledge), and closes with a four-chapter treatment of agency that runs from its creation, through the principal–agent relationship and dealings with third parties, to its termination Part II · Sale of Goods Act 1930 (6 Chapters) — Follows a sale through its life-cycle—formation, conditions and warranties, the transfer of property and risk, and performance—ending with the rights of the unpaid seller and the remedies available for breach Part III · Indian Partnership Act 1932 (6 Chapters) — Tracks the life of a firm—its conceptual foundations, the relations of partners among themselves and with third parties, the entry and exit of partners, dissolution, and registration Consistent Chapter Template — The repeating internal pattern is the real backbone of the book. Each chapter opens with a Synopsis (a section map) and an Introduction that grounds the topic in a familiar scenario—the Bailment chapter, for instance, begins with everyday acts like handing clothes to a dry cleaner or leaving a vehicle in a parking lot. It then develops the statutory provisions section by section, layers in judicial interpretation through case law, and reinforces the discussion with illustrations, worked examples, and comparative tables, before closing with a Conclusion and a bulleted Summary for rapid recall. About the Author- Prof. (Dr) Shipra Gupta is a Professor in the Department of Laws, where she has been engaged in teaching and research since 2003. She specialises in Legal Research Methodology, Commercial Law, and Constitutional Law, with research interests spanning gender issues, human rights, and the legal concerns of marginalised and vulnerable sections of society. She is the author of two Taxmann titles—Gender Inequality Illustrated through a Legal Perspective on Female Foeticide and Legal Research Methodology—and has published widely in her fields of expertise. Her work reflects a sustained commitment to advancing legal education, promoting social justice, and fostering rigorous legal research. Dr Neelam Batra is an experienced legal academician, researcher, and author currently serving at Panjab University Regional Centre, Ludhiana. Her academic interests span Contract Law, Commercial Law, Family Law, Criminal Law, the Laws relating to Women and Children, and Legal Research Methodology. She is the author of Legal Research Methodology and has contributed to legal scholarship through research publications, academic writing, and lectures on contemporary legal issues, speaking at universities, judicial academies, bar associations, and other professional forums before students, lawyers, and members of the judiciary.