Section 148 of the Indian Contract Act, 1872 defines bailment. It is defined as:delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is...

It is presumed by the law that if the law is created for the regulation of any group of people of that aspect of society are supposed to follow the law. Similarly, when the Law of Contract is c...

The movement for consumer rights started since the Vedic period with a trader or a service-provider oriented approach where honesty and integrity in business was mandated by law. Even in the In...

The parties to the contract can form a consensus where they mutually decide to either substitute or rescind the entire contract or to modify, alter, vary or rescind some of its terms. Now, sinc...