Stages of Crime: Understanding the Progression Under Criminal Law Crime, in its simplest form, is an act or omission punishable by law. However, criminal law […]
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44. Surety as a favored Debtor
Meaning of Surety as a Favored Debtor A surety is considered a favored debtor under the Indian Contract Act, 1872, particularly Section 141. This principle […]
43. Pledge.
Meaning of Pledge A Pledge is defined under Section 172 of the Indian Contract Act, 1872 as a bailment of goods as security for payment […]
42. Termination of Agency.
Meaning and Legal Provisions The concept of Termination of Agency is governed by the Indian Contract Act, 1872 under Sections 201 to 210. An agency […]
41. Consequences of Non Registration of a Firm
Meaning and Legal Provision Under the Indian Partnership Act, 1932, the registration of a partnership firm is not compulsory, but Section 69 clearly provides the […]
40. Sub Agent
Meaning of Sub-Agent A Sub-Agent is defined under Section 191 of the Indian Contract Act, 1872. A sub-agent is a person employed by an agent, […]
39. Mercantile Agent.
Definition of Mercantile Agent A Mercantile Agent is defined under Section 2(9) of the Indian Sale of Goods Act, 1930. It refers to an agent […]
38. Actual Delivery.
Meaning of Actual Delivery Actual Delivery refers to the physical handing over of goods by the seller to the buyer or their authorized agent. Under […]
37. Specific Goods.
Meaning of Specific Goods Specific Goods are defined under Section 2(14) of the Sale of Goods Act, 1930 as goods that are identified and agreed […]
36. Agency by Operation of Law.
Meaning of Agency by Operation of Law Agency by Operation of Law arises not from an express agreement between parties but automatically due to circumstances […]