The contract may be discharged by operation of law which takes place: 1. By Death: If contracts involve the personal skill or ability of the promisor, the

Under certain special circumstances, a person may receive a benefit to which the law regards another person as better entitled or for which the law considers

IIFL Home Finance, a 100% subsidiary of IIFL finance, is a leading technology driven housing finance company which provides loans to low and middle income

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Breach of contract means the promisor fails to perform the promise or breaking of the obligations which a contract imposes. It occurs when a party to the

Damages are the monetary compensation allowed to the aggrieved party for the loss or injury suffered by him by the breach of contract. The fundamental

In Lok Sabha, the National Institute of Pharmaceutical Education and Research (Amendment) Bill, 2021 was introduced on March 15, 2021, and the Rajya Sabha also

In Sale, the transfer of ownership passes from seller to buyer immediately. It is an executed contract. Sale can be only in specific or existing goods. If the

Caveat Emptor is a fundamental principle governing the law of sale of goods; it means “Let the buyer beware”. In other words, it is no part of the seller’s

“Quantum Meruit” means “As much as earned or as much as merit. The general rule of law is that unless a person has performed his obligation in full, he cannot

According to section 12(1) of the sales of goods act, 1930. ‘A stipulation in a contract of sale with reference to goods which are the subject thereof may be a

When a party is in breach of a negative term of the contract (i.e., where he is doing something which he promised not to do), in such a case the court may by

Property in goods means ownership of the goods. It is different from possession of the goods. Possession refers to the custody of the goods. There may be

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The Realty sector in Dubai is back in the limelight beating the Covid-induced uncertainties and it is showing strong signs of sustained growth if one is to go

The essence of the right of a lien is to retain possession. The seller should be in possession of goods under lien. It can be exercised even when the buyer is

The Payment of Bonus Act, 1965 was enacted to provide for the payment of bonuses to persons employed in certain establishments on the basis of profits or

The substantive law of torts in England arose out of the forms of common law procedures. It had its origin in royal writs issued by the Chancery. In theory,

The Limitation Act provides that if a new party (whether as plaintiff or defendant) is added or substituted, the suit should be deemed to have been instituted