"An advocate must carry both the constitution in his pocket and compassion in his heart."
Collateral agreements play a significant role in modern business and legal transactions, providing an additional layer of assurance and security for the parties involved. These agreements, while secondary in nature, often underpin the main contract and ensure the fulfilment of obligations or protection of interests. This article delves into the concept, legal significance, and applications […]
A proposal is defined as an offer made by one party to another party with the intention of entering into a legally binding agreement. It is an expression of willingness to do or not to do something, forming the basis of a contract. The proposal under Indian Contract Act According to Section 2(a) of the Indian […]
This law provides guidelines that help in the formation and compliance of Contracts in a regulated and organized manner. These rules and regulations provide the framework for the course of Action to be followed in case of any disputes arising from the Contracts. The Act has 266 sections and applies to the entire country except […]