Sales and Good Act 1930: Rights of Unpaid Seller

Sales and Good Act 1930: Rights of Unpaid Seller

Sales and Good Act 1930: Transfer of Ownership

Transfer of property in goods Meaning  of Passing of Property/Transfer of Property Passing of property implies transfer of ownership and not the physical possession of …

Sales and Good Act 1930: Conditions and Warranties

It is usual for both seller and buyer to make representations to each other at the time of entering into a contract of sale. Some …

Sale of Goods Act, 1930 Meaning and Essential Elements of Contract of Sale

Sale of Goods Act, 1930 is an important commercial law in India that governs contracts relating to the sale and purchase of movable goods. It …

Negotiable Instruments (NI) Act 1881: Discharge of Parties

By payment in due course Payment-in-due-course, is the payment made in good faith and in accordance with the apparent tenor of the instrument to the …

Negotiable Instruments (NI) Act 1881: Presentment of NI

A bill of exchange payable after sight must, if no time or place is specified therein for presentment, be presented to the drawee thereof for …

Negotiable Instruments (NI) Act 1881: Endorsement

Endorsement Section 15 defines endorsement as follows: “When the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for …

Negotiable Instruments (NI) Act 1881: Negotiable Instruments Features

Negotiable Instrument, in law, a written contract or other instrument whose benefit can be passed on from the original holder to new holders. The original …

Negotiable Instruments (NI) Act 1881: Meaning and Essential Features and Types

The law relating to “Negotiable Instruments” is contained in the Negotiable Instruments Act, 1881, as amended up-to-date. It deals with three kinds of negotiable instruments, …

Indian Contract Act 1872 Formation, Essential Elements

The Contracts or agreements between various parties are framed and validated by the Indian Contract Act. Contract Act is one of the most central laws …

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