KNOW THE LAWCONSENT IN RELATION TO UNDUE INFLUENCEIntroduction Consent is defined in Section 13 of the Indian Contract Act (ICA) as the parties' agreement, or consensus ad idem (when they...
KNOW THE LAWRESCISSION OF CONTRACTS AND RIGHTS OF RESCISSIONINTRODUCTION Before knowing about rescission of contract first of all it must be known that what a contract is. A contract is nothing but...
KNOW THE LAWENFORCEMENT OF A CONTINGENT CONTRACTIntroduction- In layman's terms, the word 'contingent' means depending on the occurrence or non occurrence of the future event in order...
KNOW THE LAWPOSSESSION, PARTITION, AND EARNEST MONEY (Under Specific Relief Act, 1963)Introduction In this article, we are going to talk about the specific performance of a contract or deed under the Specific Relief Act,...
KNOW THE LAWEFFECT OF FAILURE TO ACCOMPLISH OBJECTIVES OF CONTRACT IN TIMEINTRODUCTION A contract to be legally enforceable it is very necessary to meet certain set of basic essentials. But even if the parties...
KNOW THE LAWSTANDING OFFERSIntroduction A contract is a combination of mutual consent and legal enforcability. The offer and acceptance are the first or initial...
KNOW THE LAWVOLENTI NON-FIT INJURIAAs we have been told from a very young age that taking the responsibility of our own doings is a vital part of life. If we have hurt...
KNOW THE LAWTHE RULE OF STRICT LIABILITYThe principle of strict liability had evolved in the case of Rylands v Fletcher. In this case, the defendant had got a reservoir built...