Procedural History: (i)The decree was passed by Learned Gentle J. for the plaintiff for a sum ` 6,000 with interest and costs. (ii) The learned Chief Justice and Mukherjea J. allowed another appeal and the decree granted through gentle J. became modified and the plaintiff’s suit was decreed within the Read more…
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: Pacta Sunt Servanda is a Latin term which means agreements must be kept or they must be executed in good faith. This principle incorporates the basic tenets of good faith, trust and cooperation on which the whole International law is based, as a customary legal principle. Pacta Sunt Servanda 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: 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: The robust rise in the e-commerce industry has led to an increasing need for a proper legislative framework to govern Electronic contracts or E-contracts in India. E-contracts are contracts based on industrial transactions carried out electronically and formed via an exchange of emails and online agreements. [i]The law pertaining Read more…
Introduction: In the age of digitalization, various technologies are being invented and every possible thing is trying to do through technology or digital mode. It is good that the digital mode is easy, efficient, and cheap. In the legal world, the use of technology is increasing day by day and Read more…