Mailed on 23/12/13 BRIEF DISCUSSION ON CONTRACT ACT- 1872 According to Section 2 (h) of the Indian Contact Act, 1872, "A contract is an agreement enforceable by law”. A contract therefore, is an agreement the object of which is to create a legal obligation i.e., a duty enforceable by law. From the above definition, we find that a contract essentially consists of two elements: (1) An agreement and (2) Legal obligation i.e., a duty enforceable by law. As per section 2 (e) "Every promise
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Merriam Webster Dictionary, lease can be defined as: “A contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent.” In layman terms however, leasing refers to a contract between two parties- the lessee to acquire the use of an asset with payment structured over time. The lessee chooses an asset and finds a lessor who will acquire it for him/her and enters into a non-cancellable, long term contract with the lessor to use and gain benefits from the
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MAHESHWARI & CO. Advocates & Legal Consultants An Overview on Indian Real Estate Prepared by:Mr. Ashish Mittal (Associate) Ms. Khusboo Bhargava, 5 Year, (BBA. LL.B. (Hons.)) th MAHESHWARI & CO. Advocates & Legal Consultants INDEX Sl. No. 1. 2. 3. 4. Particulars An Introduction to Investment in Indian Real Estate …………… Indian Residential Real Estate ……………………………………... Indian Commercial Real Estate ……………………………………. Challenges Faced By Real Estate Sector & Sectors Facilitating Growth ………………………………………………………………
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300 years of history, the question of Indian tribal sovereignty is still being debated and litigated daily. The question is, Who should exercise sovereign power over a wide range of governing activities — the tribes themselves, the states, the federal executive branch, Congress or the U.S. judicial system? Each legal entity has some claim to power, and the balance of authority between these powers has shifted over time. Because of this, tribes were forced to act under contradictory federal policies
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& HUMAN RESOURCE DEVELOPMENT [Constituent of SYMBIOSIS INTERNATIONAL UNIVERSITY (SIU)] (Established under Section 3 of the UGC Act 1956, by notification No.F.9-12/2001 – U.3 of the Government of India) (Accredited by NAAC with ‘A’ Grade) ------------------------------------------------- Study of arbitration, dispute resolution and mitigation practices in Indian Infrastructure Sector MBA – Infrastructure Management Batch 2013-15 Semester III Thesis Guide: Dr. Ajit Patwardhan
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CHAPTER 1 LAW OF CONTRACTS 2 Business Law Including Company Law 1.1 NATURE OF CONTRACT [Sections 1–2] INTRODUCTION We enter into contracts day after day. Taking a seat in a bus amounts to entering into a contract. When you put a coin in the slot of a weighing machine, you have entered into a contract. You go to a restaurant and take snacks, you have entered into a contract. In such cases, we do not even realise that we are making a contract. In the case of people engaged in trade
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International Law, March 2011 * National Guidelines for Accreditation, Supervision and Regulation of ART Clinics in India * The Assistive Reproductive Technology Regulation (Draft) Bill, 2010 * Socio Legal Issues * The Present Indian Scenario * International Perspective on Surrogacy * Conclusion * Bibliography Introductory Remarks The very word surrogate means “substitute”. That means a surrogate mother is the substitute for the genetic-biological mother
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SPEECH Indian Derivatives Market - A Regulatory and Contextual Perspective Shyamala Gopinath Indian Derivatives Market - A Regulatory and Contextual Perspective* Shyamala Gopinath Let me first thank Euromoney for inviting me for this seminar on Indian derivatives market. The esoteric world of derivatives has come into sharp focus in recent times precisely on account of their complexity and recent events have triggered a debate on their impact on the financial system stability. My discussion
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the United States is a right or a privilege but what should had never been in question, is the right that American Indians and Alaska Natives carry because they are the only true citizens of the United States who were born with a legal right to health care. Although this sentence carries truth from the very beginning in the making of what the United States is today, American Indians and Alaska natives are still labeled under the term as a “Vulnerable Population”. Funding: The term Vulnerable
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The given set of factors requires a discussion of the rules relating to formation of a contract, particularly focusing on offer and acceptance. According to the section 2(h) of Indian Contract Act 1872, “An agreement enforceable by law is a contract.” There should be two items which are objected to make contract are (i) An Agreement and (ii) Legal Obligation. In section 2(e) defines that, “Every promise and every set of promises, forming the consideration for each others, is an agreement.” From
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