The doctrine of part performance of contract has been dealt with in section 53-A of the Transfer of Property Act, 1882. It is based on the principle of equity which says that a right or liability...

The Indian Contact Act, 1872, defines the term contract under Section 2(h) as follows: An agreement enforceable by law is a contract. For a better understanding it can be bifurcated into two p...

"Consideration is the recompense given by the party contracting to the other", As defined by Blackstone. Segment 25 of the Indian Contract Act opens with the statement that: "an agreeme...

Evolution of practice of legal practices and law firms in IndiaIn the ancient era, people used to reside in the formation of small groups. Usually, when there were disputes and quarrels the peopl...

Banking and telecom have a very significant impact on and meaning to the daily life and welfare of consumers. The range of these types of services is very broad, and their regulation is also ch...

Meaning And Explanation In general, an individual is responsible for his actions, but in few cases, the law holds him vicariously liable for the actions of another, regardless of whether or no...

Legal System with respect to Indian Economy:We all know that the legal system of a country significantly affects the economic development of that particular country. India is also not separated f...

What constitutes a valid contract! Offer+acceptance = promise Offer+acceptance+consideration = agreement An agreement enforceable by law = valid Contract Travel restrictions, event cancellati...

Disclosure of information in good faith and in the interest of the public is colloquially termed as ‘whistleblowing’. The information reported by a former or current employee about the act of ...

Foreign Liabilities and Assets (FLA) is an Annual Return which is to be submitted by all those Indian Resident Companies which have received Foreign Direct investment (FDI) and/or made Investme...