Bailment is a legal relationship in common law, where the owner transfers the physical possession of personal property for a time, but retains ownership. The owner giving up custody is the &quo...
'Written contracts are the foundation of trust in business relationships, providing clarity, accountability, and protection for all parties involved.' In this article, we will learn all about...
The doctrine of Res Judicata is a legal principle that prevents the same matter from being relitigated between the same parties. It ensures the finality of legal proceedings and prevents unnece...
A contract comes into existence when the offer by the offeror/ proposer is accepted by offeree/ proposee. Such offer and acceptance must meet the criteria set forth by Indian Contract Act,1872 ...
As per the Sale of Goods Act, an unpaid seller is a seller who has not yet received the full payment for the goods they have sold. The rights of an unpaid seller under the Sale of Goods Act, 1...
With the increase of globalization and world economies , the importance of contracts cannot be overstated . Contracts ensure smooth and secure running of businesses across borders, playing a cr...
When a promissory note is executed for payment of debt arising out of a wagering transaction,it is hit by section 30 of the Indian Contract Act can't be enforced. ( Badri Das vs Meghraj ,AIR 19...
Contracts of indemnity and guarantee are a part of special contracts designed to offer security or compensation against potential losses. However, some distinct differences exist between the tw...
As a general rule, only the parties to the contract have contractual rights and obligations towards each other, i.e.; only the parties to the contract can sue and be sued in case of breach of c...
Section 64(1) of the Code of Civil Procedure, 1908 (the CPC) provides that any private transfer or delivery of the property attached contrary to the attachment by the Court shall be void as aga...