Negotiation of Negotiable instruments
by The negotiation has been defined under section 34 of The Negotiable Instrument Act as follows: ‘When a promissory note, bill of exchange or cheque is …
Tag: Commercial Law
Dishonor of Negotiable Instruments
You might have heard of a cheque bouncing due to insufficient funds. There might arise disputes in regard to acceptance of a negotiable instrument, similar …
Agency Contract, Nature, Elements, Formation, Termination, Advantages and Challenges
Agency Contract, Nature, Elements, Formation, Termination, Advantages and Challenges
Duties and Rights of Agent and Principle
In a contract of agency, the principal appoints an agent to perform some specific task or business on his behalf. The principal is bound by …
Laws of Sales of Goods: Definition and essential of a Contract of Sale
Sale of commodities constitutes one of the important types of contracts under the law in India. India is one of the largest economies and also a …
Law of Contract Meaning and essential of a Valid contract
Law of contracts in India defines Contract as an agreement enforceable by law which offers personal rights, and imposes personal obligations, which the law protects …
Void Agreements/Contract in Indian Contract Act, 1872
Void Agreements/Contract in Indian Contract Act, 1872
Quasi Contract, Nature, Elements, Types, Examples
Quasi Contract, Nature, Elements, Types, Examples
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