INTRODUCTION- Bailment, as according to Section 148 of the Indian Contract Act (herein after referred to as ‘ICA’), defines as the transfer of the goods while not giving up its ownership, i.e. only the possession of the goods is transferred … Continue reading Bailment is a sui generis concept!
Introduction The most widely accepted definition of ‘goods’ is found in Section 2(7) of the Sale of Goods Act 1930. It defines goods as every kind of movable property (defined in the General Clauses Act, 1897), excluding money and actionable … Continue reading Has the Concept of Goods been widened through Judicial Interpretations?
Introduction The concept of ‘bailment’ is dealt with in chapter IX of the Indian Contract Act, 1872. ‘Bailment’ is a technical common-law term that encompasses change or transfer of possession of goods, upon a contract to return or dispose of … Continue reading The Contract of Bailment – Case Analysis
Introduction: COVID-19 was categorized as a pandemic by the World Health Organization (“WHO”) on March 11, 2020. There is a significant impact on the business sector around the globe. In this era of open borders and extra-territorial business activity, this … Continue reading Does COVID-19 qualify as a Force Majeure Event with respect to all contracts?
1. Introduction In India, Partnership, which provides for the right of association, has been guaranteed under Article 19(1)(c) of the Indian constitution (the freedom to form or associate with unions). The rights and obligations of a partnership firm do not … Continue reading Partnership Doctrine: The Intrinsic Interplay between Facts and Law
INTRODUCTION Hypothecation Defined Hypothecation is not created by any statute but has been used in the mercantile arena for a long time. There is no provision catering to Hypothecation either in the Contract Act or the Sale of Goods Act. … Continue reading Hypothecation is no different from Pledge: A justification