Differences Between Sub-Agent and Substituted Agent
Introduction In the realm of agency law under the Indian Contract Act, of 1872, the roles of sub-agent and substituted agent play crucial but distinct roles in business transactions. These…
Introduction In the realm of agency law under the Indian Contract Act, of 1872, the roles of sub-agent and substituted agent play crucial but distinct roles in business transactions. These…
Introduction When the relationship between a principal and an agent ends, it’s known as the termination of agency. Here’s a straightforward look at how this can happen under the Indian…
Introduction In commercial and legal contexts, agents play a crucial role by acting on behalf of principals in various transactions. The Indian Contract Act, of 1872, provides a comprehensive framework…
Introduction The relationship between an agent and principal is foundational to many commercial transactions. Under the Indian Contract Act, of 1872, this relationship is governed by specific rights and duties…
Introduction When you think about buying or selling property, the maze of paperwork, legalities, and financial intricacies can be overwhelming. This is where title agencies come to the rescue. They…
Introduction The concept of pledge is fundamental in contract law, especially in the context of securing loans and obligations. Defined under Section 172 of the Indian Contract Act, 1872, a…
Introduction A pledge is a special type of bailment where goods are transferred as security for a debt or performance of a promise. In India, this concept is governed by…
Introduction Understanding the difference between bailment and pledges is essential in legal and financial contexts. Though they might seem similar, they serve distinct purposes and come with unique rights and…
Introduction Bailment refers to the process where one party (the bailor) transfers the ownership of goods to another party (the bailee) for a specific purpose, with the understanding that the…
Introduction Bailment is a legal relationship where one person (the bailor) delivers goods to another person (the bailee) for a specific purpose, upon an agreement that the goods will be…