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?
(The author is a Lecturer at the Jindal Global Law School, Sonipat. The prompt behind this post came from three of her students: Akshay Purandare, Manan Parekh and Ritvik Mishra. The author thanks Malcolm Katrak for his insightful comments on … Continue reading Mistaken Illustrations
This post seeks to critically analyze the recent case of Nabha Power Limited (“NPL”) v. Punjab State Power Corporation Limited&Another (“PSPCL”) with respect to remedying ambiguous terms in commercial contracts. This case is of vital importance as the Court comprehensively analysed … Continue reading Subjectivity or Objectivity? Supreme Court on Implied Terms in Commercial Contracts
“Honesty”, “Fair play” and “Confidence” are not just the words to be quoted but mean a lot while contracting. When you enter or make a contract, you agree on the mutual terms also you mutually place trust and confidence of … Continue reading How to pin down the breacher!