REVOCATION OF CONTINUING GUARANTEE
INTRODUCTION According to Section 126 of Indian Contract Act 1872 the ‘Contract of guarantee’ is a contract to perform the promise or discharge the liability […]
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INTRODUCTION According to Section 126 of Indian Contract Act 1872 the ‘Contract of guarantee’ is a contract to perform the promise or discharge the liability […]
Explore MoreINTRODUCTION Contract of Guarantee, Surety, Principal debtor and Creditor (Section—126) Contract of Guarantee is a contract which is made to perform the promise or to […]
Explore MoreIntroduction Contract of Indemnity (Section 124) As per Indian Contract Act under section 124, Indemnity is defined as a promise which is enforced by a […]
Explore MoreIntroduction Doctrine of holding out links itself back to the Partnership Act of 1980. This Doctrine has been incorporated under section 28(1) of the Partnership […]
Explore MoreA partnership is a form of business organization wherein two or more persons join together to carry out business. A partnership can be considered as […]
Explore MoreINTRODUCTION According to Section 4 of the Indian partnership Act 1932, a firm is the collective name of people who have entered into the partnership […]
Explore MoreGENERAL DUTIES OF PARTNERS (SECTION 9): Section 9 states three sub-sections which provide with three different duties of partners under the Indian Partnership Act. Section […]
Explore MoreSection 12 of Partnership act states: The conduct of the business. Subject to contract between the partners, (a) each partner has a right to take […]
Explore MoreIn dealing with the violation of Art. 21 the Court deemed the arrest and detention as wrongful by citing various cases. These cases are Sunil Batra v. Delhi Administration(1978), Sita Ram and Ors. v. State of U.P. (1979).Â
Explore MoreThe liability of all the partners of a firm conjointly or together is mentioned underneath Section 25 of the Indian Partnership Act, 1932. It lays down the very fact that each partner of the firm may be command liable put together or severely for all acts done by the firm whereas he or she could be a partner of the firm.
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