Sale of Goods Act 1930

Author: Shyam Gupta Teerthanker Mahaveer University BBA LLB (Hons) The sale of goods is the most reappear transaction in every kind of business. Most of the time businessman get easily involved in the sale of goods and enter in the contract of sales. And these contracts are ruled by Sales of Good Act 1930. The

Agreement To Use Trade Mark (Format)

An agreement of license between a trademark owner and a manufacturer is an official document that states that the manufacturer of a product has permission to manufacture the product by the company or the individual who has trademarked it. However, the trademark owner gets to choose the licensing terms of this agreement. This  Agreement To

Marriage Lore: A sacrament or a contract?

Author: Sukhkamal Walia UILS, Panjab University  According to Ameer Ali, “ Marriage is an institution ordained for the protection of the society and in order that human beings may guard themselves from foulness and unchastity.” EVOLUTION OF THE PHENOMENON OF MARRIAGE Basically, Marriage is derived from various obsolete words to the current contemporary usage. Therefore,

Contingent Contracts

According to Section 31 of the Indian Contract Act, 1872, a “contingent contract” is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen. Thus the contract is dependent or conditional upon the happening or non – happening of a future event or contingency.

Legal Fiction

“Property exists by the grace of the law. It is not a fact, but a legal fiction.” Author – Ankit Kumar Co-Author – Megha Pandey Amity Law School Noida   Legal fiction is an assumption that is technically untrue or unknown that is used to guide legal decisions. They derive their legitimacy from tradition and precedent

Porosity of China’s Intellectual Property Law

AUTHORED BY: Adithya Paul Ambrose AMITY LAW SCHOOL, LLM (Taxation Law) The Porosity of China’s Intellectual Property Law and the Road Ahead for India Abstract: The scarcity and inconsistent nature of China’s published judicial decisions indicates that its IPR enforcement is still virtually nonexistent when compared to the number of violations. Paired with jurisdictional confusion

Decoding Goods and Services Tax- An Overview

Goods and Services Taxes  (GST) in an indirect tax. It is applied on value addition achieved at each stage of supply of goods and services. It is a complete, multi-stage and destination based tax. To explain GST, we need to first know what the term “multi-stage” means. Before you buy any good from the market

Things that you must know about E-Contracts!

Introduction The Internet has changed people’s way of communicating. Plus, the way people are doing business has also changed the Internet and electronic data exchange. It developed a new kind of trade and trade called e-commerce. E-commerce is increasing with a high level of internet penetration worldwide and the rise of internet users. High speed

Case Laws on Definition and Scope of Financial Debt

Insolvency and Bankruptcy Code, 2016 (the “IBC”) was enacted because the earlier legislation was lopsided and favored the corporate debtors resulting in huge outstanding debts to banks and financial institutions. Say for instance, according to section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985, the protection also extended to the guarantors and therefore,

SHARE CAPITAL – A COMPREHENSIVE OVERVIEW

AUTHORED BY: SANAH SETHI AMITY LAW SCHOOL (L.L.B 3 YEARS) SHARE CAPITAL: MEANING AND KINDS The words “capital” and “share capital” are synonymous. The word “capital” has several meanings. It means a particular amount, invested to start a business. Capital may be used to mean capital goods that are, the tools of production, the money available

How to file Copyright Infringement Suit?

An infringement of copyright is a Trespass on a private domain owned and maintained by the owner of the copyright and hence preserved by law and infringement of copyright would appear only when there is substantial production of the plaintiff’s work. Notwithstanding what has been said above, in honor of the infringement of copyright of

How to send a Legal Notice

Several occasions may arise when a person or entity ought to take legal action against another person. Some of these instances which are enlisted are – consumer complaint, property dispute, check bounce, divorce, eviction, etc. The focal point to file a Legal notice is to inform other person that you are about to take a

Anti-Competitive Agreements

Anti-Competitive Agreements in India INTRODUCTION Competition means a struggle for superiority and in the corporate world. The term is generally understood as a process whereby the economic enterprises compete with each other to secure customers for their product. The enterprises compete to outsmart their competitors, sometimes to eliminate the rivals. The benefits of having competition

Tax Incidence In IGST

CHAPTER-I Introduction IGST (Integrated Goods and Service tax) is a part of Goods and Service Tax (GST). Integrated GST is one of the three categories under Goods and Service Tax (CGST, IGST and SGST) with a concept of one tax one nation. IGST is governed by Integrated Goods and Service Tax Act 2016. As per

Contract of Agency Project

Contract of Agency Project INTRODUCTION When a person appoints another to act on his behalf with a third party, it is called ‘Agency’. The person who appoints is called ‘Principal’. The other person who is appointed is called ‘Agent’. The contract between Principal and Agent is called ‘Contract of Agency’. ‘Agency is the legal relationship

Law Of Contract Notes

Law Of Contract Notes Question No. 1: Who is competent to contract Discuss the law relating to minor’s agreement in India, with case laws. Also brief about English Law Indian law in this context ? OR            Minor’s agreements are void ab-initio. In which case the above rule was established. Discuss in brief that case and