In property and civil law, understanding rights and obligations among creditors is essential, especially when multiple claims exist on a debtor’s assets. Two significant doctrines […]
Tag: Equity
15. The directors of a company bought shares from ‘A’. They disclose to him that negotiations were conducted for the sale of all the company’s shares at higher price than they were to pay to “A”. A sued to have the sale set aside will he succeed.
Facts of the Case The directors of a company purchased shares from ‘A’. Before completing the transaction, they disclosed that the company’s shares were being […]
Equity
Meaning and Concept of Equity Equity refers to a system of justice based on fairness, conscience, and natural justice, applied where the strict application of […]
A intentionally and falsely leads B to believe that land belongs to A, and thereby induces B to buy and pay for it. The land afterwards becomes the property of A, and A seeks to set aside the sale on the ground that, at the time of the sale, he had no title. Decide.
Facts of the Case ‘A’ intentionally and falsely represented to ‘B’ that a certain piece of land belonged to him. Relying on this misrepresentation, B […]
‘A’ intentionally and falsely leads ‘B’ to believe that certain land belongs to ‘A’ and thereby induces ‘B’ to buy and pay for it. The land afterwards becomes the property of ‘A’, and ‘A’ seeks to set aside the sale on the ground that, at the time of the sale, he had no title. Can he do so? Examine by applying the relevant provision of the Evidence Act.
Facts of the Case ‘A’ intentionally and falsely represents to ‘B’ that a particular piece of land belongs to him. Relying on this representation, ‘B’ […]
18. Doctrine of Aul
Definition and Concept The Doctrine of Aul in Muslim law refers to the principle of proportionate reduction of heirs’ shares when the total of their […]