Section 74 – Indian contract Act, 1872
Section 74 Indian contract act,1872 “When a contract is breached, the party that suffers damages is entitled to recompense from …
law of contracts
Essentials of a valid contract
Introduction: A contract is an agreement made between two or more parties to do or to abstain from doing a …
Exception to the Rule of Consideration under Indian Contract Act, 1872
Exception to the rule of consideration Introduction: Consideration is an integral part of the contract. The rule of consideration states …
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INDEMNITY UNDER INDIAN CONTRACTS ACT, 1872
INDEMNITY UNDER INDIAN CONTRACTS ACT, 1872 INTRODUCTION Contract of Indemnity is defined by section 124 of the Indian Contract Act …
Indian Partnership Act, 1932
INDIAN PARTNERSHIP ACT, 1932 According to Section 4 of the Indian Partnership Act, 1932- “Partnership” is the relation between persons …
Conditions and Warranties under Sale of Goods Act,1930
CONDITIONS AND WARRANTIES UNDER SALE OF GOODS ACT, 1930 Under the Sale of Goods Act, 1930 a condition can be …
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Sample Legal notice under Section 138 of the Negotiable Instruments Act, 1881
Legal Notice Date: 24/09/2020 To, Mr. Kunal sharma, Retailer in winter wear, Delhi. Sub: Legal notice under Section 138 of …
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Discharge of Surety – Contract of Guarantee
Introduction In a contract of guarantee ,the surety undertakes to pay an amount to the creditor in case the principal …
Sale of Goods by a Non-Owner
SALE OF GOODS BY A NON-OWNER INTRODUCTION “Nemo dat quad non habet” is a Latin maxim which means no one …
Section 138 Negotiable Instruments Act, 1881
INTRODUCTION The Negotiable Act, 1881 came into India in British Colonial period. It was first drafted in year 1866 and …