Section 10 of the Indian Contract Act, 1872 stipulates that contracting parties must possess legal competence, and Section 11 specifies that minors lack such competence. Due to the Contract Act...

According to section 4 of the Indian Partnership Act ,1932 , the term 'Firm' describes a collaboration of two or more partners who engage with each other to conduct activities. In simple terms,...

The Indian Partnership Act came into force on 1st October 1932 except Section 69( Effect of non Registration) which came into force on 1st October 1933. The Partnership Act is applicable to who...

Termination of agreements stands as a crucial aspect within the framework of contract law, playing a pivotal role in shaping the landscape of business transactions. This project delves into the...

Introduction : In simple terms, a contract means when two parties put into an agreement which can be oral or written in nature, which contains certain obligations( promises)which are to be perf...

The Indian Contract act, 1872 is the principal law regulating the contracts and agreements in the Indian Subcontinent. It is also one of the oldest legislations enacted in India by the British ...

'Mistake' is not defined in the Indian Contract Act. Section 20, 21 and 22 deal with the concept related to mistake. 'Mistake' can be defined as any action, decision or judgement that produced ...

In the legal case Bridges v. Hawkesworth, the plaintiff, Mr. Bridges, stumbled upon a significant amount of money at Mr. Hawkesworth's shop. Acting in good faith, Bridges entrusted the money to...

Tort and crime, two legal branches, are different because each of them deals with specific elements of wrongful behaviour as well as consequences for these. Tort law is mainly based on civil w...

Facts: A deal for a mortgage was made between Ajudhiya Prasad (Defendant), and Chandan Lal (Plaintiff), elated on October 15th, 1925, in Favor of Chandan Lal by Ajudhiya Prasad. However, Chand...