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good faith

Property Laws

Transfer by Ostensible Owner

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Introduction: The Transfer of Property Act[1], 1882, was passed with an aim to make the transfer of property easier and quick, thereby making it accessible to the population at large. In this act, several certain general principals are mentioned, which has to be followed while making an estate transfer. An Read more…

By Isha Mittal, 5 years30/10/2020 ago
Insurance Law

Essential Elements of Insurance

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What is Insurance? Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured.[1] It can be described as a social device to reduce or Read more…

By Shivi Chola, 5 years14/05/2020 ago
Common Law Principles

Duty of utmost Good Faith

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Introduction to the general principle of “Duty of the utmost Good Faith” The Common law principle of “Duty of the utmost good faith” (also called uberrimae fidei) refers to the minimum legal obligation of the parties entering a contract to act honestly and not mislead or withhold critical information from Read more…

By Aniket Pandey, 5 years29/04/2020 ago
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