Concept and Meaning The Rule of Promissory Estoppel is an equitable doctrine in contract and constitutional law. It prevents a promisor from withdrawing a promise […]
Tag: indian contract law
Promissory Estoppel.
Meaning and Legal Foundation The Doctrine of Promissory Estoppel is an equitable principle that prevents a person from going back on a promise, even in […]
39. A partner filed a criminal case against a person accusing him of theft of the firm’s assets. However, the court found the accused innocent. Then the accused filed Suit against the firm for damages and malicious prosecution. Is the firm liable? Discuss.
1. Facts of the Case ‘A’, one of the partners of a partnership firm, filed a criminal complaint against a person, alleging theft of the […]
36. ‘A’ contracts to sell ‘java sugar’ according to sample produced by him. On the delivery of the same to ‘B’ the buyer, it appears that the sugar agrees with the sample, but it is not java sugar Will ‘B’ be entitled to any remedies.
1. Facts of the Case ‘A’, a seller, entered into a contract with ‘B’, a buyer, to sell “Java sugar” according to a sample produced […]
33. ‘A’ undertakes to save ‘B’ free from liability arising out of any proceedings which ‘C’ may take against ‘B’ in respect of a certain sum of Rs. 2000. What is the nature of this contract.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Section 124, Indian Contract Act, 1872 – Contract of Indemnity […]
31. ‘A’ agrees to sell B, 50 bales of cotton out of 300 bales in his own godown. The godown at the time of contract has been destroyed by fire unknown to A. What are the remedies of ‘B’ against ‘A’
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Bailment Defined – Section 148, Indian Contract Act, 1872 “A […]
17. X a active partner of a firm with Y and Z. X retires without giving a public notice. Whether X is liable to the creditors to a loan sanctioned after his retirement Decide.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Section 32 of the Indian Partnership Act, 1932 – Retirement […]
4. Raju, a partner of a firm, borrows money on his own credit by giving his own promissory note for the same, but he subsequently uses the proceeds of the note in the partnership concern of his own free will without any reference to the lender to do so. Is the firm liable for the loan?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Partner’s Implied Authority b) Acts Done Beyond Implied Authority c) […]
2. Mohan Lal delivers diamonds to Neel Kamal on sale or return basis. Neel Kamal delivers the diamonds to Om Prakash on sale or return. An unknown person takes away the diamonds from Om Prakash. Can Mohan Lal file a case against Neel Kamal for the price of the diamonds?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Sale or Return Contract b) Transfer of Property and Risk […]
28. Explain the Doctrine of “Caveat Emptor” and state the Exception to it.
Understanding the Doctrine In every sale transaction, both the buyer and the seller have certain duties and responsibilities. The law expects both parties to act […]