27 June 2022 Can a bank retain property documents for use in another pending loan after a loan has been repaid? Bombay HC Opposes Sunil vs. Union Bank of India According to a decision by the Bombay High Court, a bank cannot claim a general lien on the title; papers of a borrower’s home even
INTRODUCTION The Partnership Act is a comprehensive structure for contractual and partner partnerships and the basis for the most common form of small business organization. The Indian Partnership Act enacted in the Year 1932 establishing the partnership law relating to the relationship between individuals who have decided to share the income of a business carried
INTRODUCTION Corruption has always been a hot topic in a fast growing economy like India as it has been one of the major reasons holding back its growth to full potential. Legislature has made innumerable efforts at trying to curb it over the years, some of which would be discussed in this write-up. It has
Introduction The origin of the current Specific Relief Act can be traced back to the year 1877 when the first act in the same name came up. As a matter of fact; the general remedy available before the aggrieved party was compensation or damage of loss suffered; and for this purpose prior to the amendment
Introduction Consent is the most fundamental concept of the Indian Contract Act, 1872. Consent is used in various fields like business, trade, commerce, law, research, and many more. The consent should be free and voluntary, only then a valid contract between two parties is possible. The execution of the contract is not possible between the
Introduction A contract is an agreement between two entities or individuals, which serves as legal protection for both parties involved in a potential business deal. The contract is an agreement enforceable by law that offers personal rights and imposes personal obligations for the protection of the rights of the parties. The basic contract law depends
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