Contract of Indemnity

‘Indemnity’, according to Longman’s Dictionary, means protection against loss, especially in the form of promise to pay, or payment for … More

Contingent Contracts

The word ‘contingent’ means to be dependent or conditioned by some other event or fact. The contingent contract thus means … More

Court Allahabad High court Judge Justice Banerji Citation [1913] 40 ALJ 489 Facts: Defendant (Gauri Dutta) Nephew had absconded and … More

Under Section 10 certain conditions have been stated to make an agreement a contract; one of which is that parties … More

Validity of an agreement by way of wager: According to Section 30 of the Indian Contract Act, 1872, wager agreements … More

The term ‘contract’ has been defined under section2(h) of the Indian contract act 1872, which states that- a contract is an … More

Unlawful agreements: Section 23 of the Contract Act lays down a plethora of circumstances wherein the object or consideration of … More

NATURE OF BANK GUARANTEE: INDEPENDENT AND AUTONOMOUS A bank guarantee is an undertaking by a bank or a banking institution … More

Over the years of existence of contracts and contract law, different perspectives ands views have developed with time. These perspectives … More

A type of bailment is a pledge. Pawn is another name for pledge. Bailment of commodities as a security for … More

In the English Law, A contract is said to have formed if both the parties of the contract express their … More

A settlement at the distribution of assets, liabilities, and issues referring to the custody of children if the wedding falls … More

INTRODUCTION: Is a contract possible without offer, acceptance or consideration? If we look at today’s world, yes there can be … More

Indian contracts acts, 1872 is one of the branch or mercantile law, or also known as commercial law. Contracts are … More