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Articles by Smita Singh

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Extent of applicability of promissory estoppel against State

  Smita Singh   28 May 2018 at 12:58

Understanding promissory estoppelThe doctrine of promissory estoppel is evolved by equity to avoid injustice and to mitigate the rigor of strict law. The doctrine is neither in the dominion of contract nor in the domain of estoppel[1]. It is based on ..

Posted in Civil Law |   1000 Views

Legal enforceability of Letter of Intent or Memorandum of Understanding

  Smita Singh   21 May 2018 at 16:41

Introduction It is not uncommon for the parties to a contract to, upon agreeing into principal/broad terms of their agreement, reduce the same into writing and call the same as Letter of Intent (LoI), Term Sheet or Memorandum of Understanding (MoU). ..

Posted in Civil Law  3 comments |   4419 Views

Piercing the Corporate Veil of subsidiary or holding company for assessing the eligibility of bidder

  Smita Singh   18 May 2018 at 11:39

Introduction The law governing Companies globally and in India recognises a company to be a personality, distinct from its shareholders. In the celebrated case of Salomon v. Salomon & Co. Ltd.[1] Lord Halsbury LC, stated:�[a company] must ..

Posted in Corporate Law |   6279 Views

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