Introduction The Doctrine of holding out partnership goes back to the Partnership Act of 1890. This is also called the partnership as the estoppels. The liability of every person goes to the firm individually, but there is the formation of …
Introduction Analytical school of Jurisprudence is often referred to as ‘Austenian School’ or ‘Positivist School’. It is referred to as the positivist school because the exponents of the analytical school of jurisprudence are not concerned with the past or the …
Introduction The term “Reservation” refers to the act of keeping back, withholding or setting apart. Reservation is an act of setting limited conditions or withholding from the complete exposition. The reservation policy exists in India before Independence for uplifting the …
Introduction before heading towards the securities market and securities laws in India, let’s understand what actually securities are. Securities are nothing but a financial asset which can be traded. Securities are considered as those financial instruments which possess some value …
Introduction The word ‘Jurisprudence’ is derived from ‘Juris Prudentia’. It is a Latin term that means science, study or knowledge of law. The meaning of jurisprudence has been changing over time and has been stirring controversy amongst some scholars. Irrespective …
Introduction What is a Contract? A contract has been defined under Section 2 (h) of the Indian Contract Act, 1872 as: “An agreement enforceable by law.” According to Salmond, “A contract is an agreement creating and defining obligation between two or more …
Introduction In recent times, an enactment is less likely to leave room for doubts. But due to the difficulty of transforming the intention of the legislature into written words, judges may face a few issues while deciding on a case. …
Introduction The Workmen Compensation Act 1923 was enacted as social security legislation to reimburse workers or employees in the event of an accident due to and during the course of their employment. It came into force in 1924 and applies …
Introduction In general parlance, precedent is the statement of law created by a judicial pronouncement, which is a binding principle that could be adopted or taken as an example while deciding the subsequent cases with similar material facts. In other …
Introduction: Indemnity is a legal concept, entered in the form of a contract, or mentioned as a clause in commercial contracts, wherein a party promises to the indemnified party to do good the losses arising as a consequence of the …