Managing Director – Meaning and Legal Position A Managing Director is a key executive entrusted with substantial powers of management in a company. Under Section […]
Tag: section 196
35. X rents out his houses to ‘y’ and the contract is terminable on three months’ notice. Z, without X’s authority gives notice to termination to ‘y’. X ratifies the notice and files a suit for ejectment. Is ‘X’ entitled to get decree.
1. Facts of the Case X, the owner of a house, rented his property to Y under a rental agreement that could be terminated with […]
24. ‘A’ holds a lease from ‘B’ terminable on three months’ notice. C without B’s authority, gives notice of termination to ‘A’. B ratifies the notice and files a suit for rejectment. ‘B’ is entitled to get decree or not.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Ratification under Indian Contract Act Key Requirement: b) Agency Law […]
14. ‘X’ holds a lease from ‘Y’, terminable on 3 months notice. ‘Z’ an unauthorized person gives a notice of termination to ‘X’ Can the notice be ratify by ‘Y’.
1. Facts of the Case The problem involves principles of agency under the Indian Contract Act, 1872, specifically dealing with unauthorized acts and ratification. 2. […]
6. ‘X’ helds a lease from Y, terminable on 3 months’ notice. ‘Z’ an athorised person gives a notice of termination to ‘X’. Can the notice be ratified by Y.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Doctrine of Ratification b) Acts Incapable of Ratification c) Case […]