IntroductionDefinitionIs the institution of unsuccessful criminal or bankruptcy or liquidation proceedings against another without reasonable or probable cause. Alternatively, malicious prosecution may refer to institution of unsuccessful criminal proceeding maliciously and without reasonable and probable cause....
IntroductionThe spirit of law especially in contracts is to protect the disadvantageous who have been induced to enter into unfair contracts by the advantageous one who seek to benefit from such kinds of contract, and this may largely explain as to why whether be it illegal or void contract will not be enforced before...
IntroductionEssentially it’s a well celebrated principle in law of contracts that when a contract is so breached the innocent party will be entitled with several remedies from the other party who breached the contract as per Section 73 (1) of the Law of Contract Act . In simple terms remedies refers to compassion be it...
Insurance and gambling definedInsurance is a contract, where by one person called the insurer undertakes in return for the agreed consideration called the premium to pay to another person called the insured a sum of money or its equivalent on the happening of the specified event.A propounding meaning of insurance was provided...
INTRODUCTIONThe assertion that only parties to contract can sue or being sued under it is commonly known as doctrine of privity of contract and largely is a common law principle or mechanism by which contractual rights and liabilities are limited to the contracting parties. The logic behind this is that only contracting...