Introduction and Kinds of Negotiable Instrument

This article is written by Gaurav Lall pursuing BBA LL.B. (Hons.) at United World School of Law. The article speaks about a brief introduction and kind of negotiable instruments under the Negotiable Instrument Act, 1881. INTRODUCTION The aspect of present-day business activities added to the development of more current methods for encouraging financial-based transactions. Already,Read More

Quasi-contract

This article is written by Mohit Bhardwaj. A 2nd year Law student, currently pursuing BBA-LL.B from Unitedworld School of Law, Karnavati University. The main objective of this article is to describe Quasi Contract, a contract can become a contract without fulfilling its essential elements. INTRODUCTION For understanding the meaning of Quasi Contract firstly we have toRead More

Rights and Duties of Bailor and Bailee

This article is written by Preeti Bafna doing BBA L.L.B from Unitedworld School of Law, Karnavati University.  While understanding the rights and duties it is important to know the concept of bailment. A ‘bailment’ is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when theRead More

Rights and Duties of Indemnifier and Discharge

This article is written by Darshika Lodha, a BBA.LLB(Hons.) student of Unitedworld School of Law, Karnavati University.  In this article, she is trying to explain the rights and duties of Indemnifier and discharge. INTRODUCTION An indemnity contract essentially involves one party promising to make good its losses to the other. These losses may arise either becauseRead More

Consideration under the Indian Contract Act, 1872

This article is written by Ishika Gupta pursuing BBA L.LB from Gitarattan International Business School. This article aims to deliver all the basic elements related to consideration in detail and easy way.  INTRODUCTION The Latin maxim “quid pro quo” means something in return.  For a contract to be valid it is essential that there mustRead More

CONTINGENT CONTRACTS: INDEMNITY AND GUARANTEE

This article has been written by Aaditya Kapoor, a law student of Vivekananda Institute of Professional Studies. Through his research, Aaditya strived to shed light upon contingent contracts, with special emphasis on two of its types: indemnity and guarantee. According to Section-31 of the Indian Contract Act, the term ‘Contingent Contract’ is defined as aRead More

Distinction between Sale and Agreement to Sell

This article has been written by Yash Dodani, a second-year student at NALSAR University of Law. He has tried to explain the difference between Sale and Agreement to sell. Introduction A contract is a private agreement between the parties involved. It clearly shows us the features of a capitalistic market. To encourage/regulate the business transactionsRead More

Capacity to Enter into a Contract

This article is written by Sharat Gopal, studying BA LLB in Delhi Metropolitan Education. The Indian Contract Act of 1872 is a codified law which deals with contracts. Before discussing who all can enter into a contract, it is important to discuss about contract law and its provisions. Indian Contract Act, 1872 Definitions    SectionRead More