Law of Contract, Definition, Essentials and Types of Contract
by Law of Contract, Definition, Essentials and Types of Contract
Tag: Litigation
Concepts and Characteristics Financial Forward Contracts
In forward contract, two parties (two companies, individual or government nodal agencies) agree to do a trade at some future date, at a stated price …
Sales and Good Act 1930: Rights of Unpaid Seller
Sales and Good Act 1930: Rights of Unpaid Seller
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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