Author: MJ

MEANING OF ADMINISTRATIVE LAW Administrative Law can be defined as the law relating to public administration. It is the law relating to the performance, management and execution of public affairs and duties. Administrative law is concerned with the way in Read More …

There is no precise legal definition of a company‟ .The word „company‟ is a by- product of mercantile rather than legal ingenuity and was in use in England long before what is now called „company law‟ came into existence Although Read More …

NATURE AND CHARACTERISTICS What is a negotiable instrument? This is a document which represents money and the title in passes to a bona fide transferee free from only defect. It is a chose in action. Negotiable instruments are transferable by Read More …

ALTERNATIVE DISPUTES RESOLUTION Alternative dispute resolution (ADR) includes dispute  resolution processes and techniques  that act as a means for disagreeing parties to come to an agreement short of litigation. It is a collective term for the ways that parties can Read More …

Carriage of goods, in law is the transportation of goods by land, sea, or air. The relevant law governs the rights, responsibilities, liabilities, and immunities of the carrier and of the persons employing the services of the carrier. Until the development of Read More …

Bankruptcy is a legal proceeding involving a person or business that is unable to repay their outstanding debts. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of creditors, which is less common. All Read More …

Bailment mainly referred to as the Transfer of the Personal property to a person for the complete safekeeping purpose only. Normally, the Contract of bailment is a contractual relationship for a specific period of time. The person receiving property would Read More …

When one person signifies to perform the contract or discharge the liability incurred to the third party, on behalf of the second party, in case he fails, then there is a contract of guarantee. In this type of contract, there Read More …

NATURE OF THE CONTRACT Insurance is an important part of modern life. Individuals and businesses take out insurance to protect themselves from loss that may occur due to damage to property or loss of life. What is insurance?  This is Read More …

Introduction Partnership is the relation which subsists between persons carrying on a business in common with a view of profit. Characteristics of partnership Membership-The logical minimum number in partnership is 2 with a maximum of 20. It is not an Read More …