Introduction: The basis for the Indian economy is contracting. If there is a contract then there is the performance of sales. And the law dealing with the sale is The Sale of Goods Act, 1930 which was derived from The Indian Contract Act, 1872. These Acts helps to promote the Read more
Introduction: Artist contracts and other formal provisions in a relationship may help prevent conflicts and misunderstandings. Agreement plays a significant role in any work of art, e.g. When organising an exhibition, whether temporary or on a trip, it is necessary to have a formal agreement or contract with participating organisations, Read more
Introduction: When we buy a ticket for a concert, a ticket for an adventure park, buying aeroplane’s ticket, buying groceries, purchasing milk, buying a car, scooter, or any other vehicle, or if we are buying a new house, furniture, clothes, accessories, or staying in a hotel, paying road taxes and Read more
Introduction: Rescission is a solution which is made accessible when the basic reason for making an agreement is essentially corrupted. It comes into action when due to the conduct or action of any party to the contract the entire reason for which the other party entered into the agreement is Read more
Introduction The events of globalization and a surge in domestic and international trade have led the people to find various dependable sources to guard and lessen the perils in the commercial dealings. People are doing business dealings globally, and events are becoming aside from each other. Thus, a forward-thinking establishment Read more
Introduction: In the contract, where two or more parties typically undertake to perform certain obligations vis-à-vis such obligation could be in the nature of reciprocal promises i.e, promises which form part or entire consideration for each other. In simple words “a promise in exchange for another promise” Ex- A agrees Read more
Introduction: At traffic lights, car or bike cleaner comes, and without asking or saying anything, starts to clean our cars and bikes and when they’re done, they ask for money. Are we legally or morally bound to pay them? Or can we tell them “I didn’t ask you to do Read more
Introduction: The doctrine of privity of contract is a common law principle which states that a person not a party to a contract cannot enforce the terms of the contract by suing on it. To simplify, only the parties to the contract bear the legal power to sue each other Read more
Introduction: After the formation of a contract, the next stage is reached, the fulfillment of the object the parties had in mind. When an object is fulfilled, the liability of either party under the contract comes to an end. The contract is then said to be discharged. Performance of joint Read more
Introduction: Specific performance is equitable relief provided by the court to impose the duty of doing what he agreed to try and do by contract against a defendant. Therefore, the remedy of specific performance compares with the remedy by way of negligence for breach of contract, which provides pecuniary compensation Read more
Introduction: “Operative clauses are the heart of Resolutions” Operative clauses are quite an enigma to a lot of people due to its selected use in a daily legal framework, but they are significantly found in the resolutions thereto. What is an Operative Clause? Objective clauses are sought to be Read more
Introduction: Power of attorney is an instrument by virtue of which a person authorizes another person to act on his/her behalf. The term instrument includes any written document, as defined by section 2(b) of the Notaries Act, 1952, “instrument includes every document by which any right or liability is, or Read more