Module 1 : Negotiable Instruments
Unit – I : Negotiable Instruments
♦ Negotiable Instruments – Introduction and Characteristics of Negotiable Instruments, Maturity of Instruments (S. 21 to 25)
♦ Classification of Negotiable Instruments (Ss. 11, 12, 17-20, 42, 104, 134, 135)

Unit – II : Promissory Notes and Bills of Exchange
♦ Promissory Notes and Bills of Exchange (S. 4, 5, 108-116) – Essential Elements of Promissory Note and Bills of Exchange, Bills in Sets (S. 13)
♦ Kinds of Promissory Note and Bill of Exchange. Distinguish Between Promissory Note and Bill of Exchange.

Module 2 : Cheques and Delivery
Unit – I : Cheque
♦ Cheque – Concept, Types and Crossing of Cheque (S.6 to 25 and 123 to 132)
♦ Dishonour of Cheque – Concept and Penalties. Distinguish Between Bill of Exchange and Cheque

Unit – II : Delivery
♦ S. 46 : Delivery, S. 47 : Negotiation by Delivery, S. 48 : Negotiation by Indorsement
♦ S. 49 : Conversion of Indorsement in Blank into Indorsement in Full, S. 50 : Effect of Indorsement, S. 51 : Who May Negotiate

Module 3 : Presentment and Discharge of Liability
Unit – I : Presentment
♦ Section 61 : Presentment for Acceptance, 62 : Presentment of Promissory Note for Sight, 63 : Drawee’s Time for Deliberation, 64 : Presentment for Payment
♦ 65 : Hours for Presentment, 66 : Presentment for Payment of Instrument Payable after Date or Sight, 67 : Presentment for Payment of Promissory Note Payable by Instalments

Unit – II : Discharge of Liability
♦ Section 82 : Discharge from Liability; (a) By Cancellation; (b) By Release; (c) By Payment, 83 : Discharge by Allowing Drawee more than Forty-Eight hours to accept, 84 : When Cheque not duly Presented and Drawer damaged thereby
♦ 85 : Cheque Payable to Order, 85A : Drafts drawn by one Branch of a Bank on another Payable to Order, 86 : Parties not consenting discharged by Qualified or Limited Acceptance

Module 4 : Miscellaneous Provisions and Protest
Unit – I : Miscellaneous Provisions
♦ Miscellaneous Provisions – Parties to Negotiable Instruments Holder, Drawer, Drawee in Case of Need (S. 7, 115 and 116), Payee
♦ Holder in due Course, Rights and Privileges of Holder in Due Course, Payment in Due Course (S. 10), Presumptions as to Negotiable Instruments, Noting (S. 99) and Protest (S. 100-102)

Unit – II : Protest
♦ Section 101 : Contents of Protest, 102 : Notice of Protest, 103 : Protest for Non-Payment after dishonour by Non-Acceptance
♦ 104 : Protest of Foreign Bills, 104A : When Noting Equivalent to Protest