Abstract Rising disputes under the Contract law are a significant concern under smooth trade practices. Many times, disputes may arise out of uncertainty about Lien and pledge. The confusions may extend to the scope of ‘General Lien’ and ‘Particular Lien’. …
Introduction India is a country where there is a diverse culture and social behavior. India has one of the oldest and finest legislation in the world that pertains to various laws and regulations. Laws are evolving day-to-day and all laws …
Introduction Every human establishes contracts in his daily existence. With the growth of trade, commerce, and industry in contemporary society, man’s ability to make contracts improves. People can strike the finest bargain to contract because of the law’s conferment and …
Introduction to Contract of Agency A contract of agency is a special contractual arrangement in which one person appoints another to act on his behalf in transactions.[1] The principal is the individual who appoints the other to handle his business. …
Introduction Each there, there are so many cases of bailment then whether it’s one small matter or a big matter. The word ‘bailment’ has been originated from the French word ‘bailler’ which means ‘to deliver’. The term has been described …
Introduction A contract is an agreement enforceable by law. In other words, a contract is an agreement reached by two competent parties through an offer and its acceptance to do or not to do something, supported by valid consideration and …
Introduction We hear the term “sale” in our day-to-day dealings with the local vendors, traders, etc. Owing to the fact that we tend to use this word so casually, we often confuse “sale” with an “agreement to sell”. Irrespective of …
Introduction According to Section 2(h) of the Indian Contract Act, 1872, a contract refers to an agreement enforceable by law. As clear from the usage of the phrase ‘enforceable by law’, such an agreement not backed by the provisions of …
Introduction Free consent is one of the most critical facets of a contract. It is critical to the contract that the parties agree to the same thing in the same sense, and the thing must be interpreted broadly to encompass …
Introduction One of the most important requirements for entering into a legal contract is that both parties must have the capacity to contract. According to section 11 of the Indian Contract Act, 1972. “Every person is competent to contract who …