contract

We live in a very technical world where most of the work is done through the use of electronic devices. In recent years, rapid development has been seen in the technology field. It has changed the way of operation of businesses. We can easily witness the same. In the time of COVID, when

An extremely important question that had to be interpreted was whether Minors can enter into agreements or not has been remarkably answered by the Allahabad High Court in its recent judgment of the case of Sadhna Kumari v. State of U.P . The court was of the view that any

Under the Indian Contract Act 1872, discharge of contract means the disposing/ending of the contract between parties, and hence contractual obligations of both parties to the contract end there. Parties are discharged from the contract when they have not fulfilled their contractual

Section 25 of the Indian Contract Act 1872, specify that “an agreement that has been made without any kind of consideration is void subject to certain exceptions” . Consideration means something in an exchange between two parties for the promise. Consideration is a must for the validation of any

On 1st February 2006, Gujarat Urja Vikas Nigam Limited (GUVNL) issued a public notice inviting tenders for supply of power. The participating bidders were to quote their prices under three competitive bidding processes- escalable tariff, non-escalable tariff or partly escalable and partly

The term “Estoppel” comes from an old French word- “Estoupail” (or variation), which suggests a “stopper plug” of placing a brake on the imbalance of the situation. Estoppel is mainly a judicial principle of common law that enables a court to prevent an individual from accusing or denying a

With the decision of Lalit Kumar Jain v. Union of India , the Supreme Court has managed a final knockout to the individual underwriter’s right of subrogation emerging after the endorsement of the goal plan. The seat maintained the established legitimacy of the warning dated November 15,

The Indian Contract Act 1872 defines the term contract as “An agreement enforceable by law as to contract” it is a legally binding agreement that is formed with the consent of two or more parties agreed on the point mutual terms forming consideration for each other. With the growing

There’s been many circumstances in which law as well as justice require that a certain person be required to oblige to an obligation, although neither has he breached any contract nor has he committed a tort. To understand this with an example, a person who owns a house