If parties to a contract have agreed to something unreasonable, they should be treated as if they have not agreed at all and be released. This happens in the case of general insurance contracts and is dealt with here in the light of a recen ..
1. Introduction Recently, a 2 judge bench of honble Supreme Court in Sita Ram Gupta Vs. Punjab National Bank and Ors {(2008) 5 SCC 711, Appeal (civil) 1878 of 2008, Date of judgment: 10/03/2008} held as follows (in para 8): 8&hell ..
An optimal mix of financial instrument can be structured to incentivize the management to focus on the long-term management. However there is not a single unique optimal mix available for all firms. It will vary on firm, industrial characteristics a ..
1/ The Industrial Loan is required for an industry which is a social activity generating employment for the masses (direct as well as indirect), generation of public revenue by way of taxation for meeting public expenses thro ..
ens Rea means Guilty Mind, can a Company, which is an artificial person, have a guilty mind? Ca ..
Applicability of Caveat Application in DRT proceedings Hon'ble High Court, Andhra Pradesh vide order dated February 26, 2009 in W.P. No. 3715 of 2009 has clarified the position with regard to the applicability of Caveat Application in DRT proc ..
Third party rights in SARFASI Act problems & suggestions:- The present situation of third party rights in ..
Requirement of transfer in case of conversion of a firm into a private limited company under Part IX of the Companies Act, 1956 The question involved in L.K.S. Gold House (P) Ltd. Vs. L. K. S. Gold Palace - [2005] 57 SCL 88 ..
Jurisdiction of DRT under the SARFASI Act, 2002:- the respondents borrowed Rs. 2.95 crores from petitioner ..
QUERY: "Kindly give opinion whether the jurisdiction of civil court is not excluded and the DRT does not have power to decide tenancy and ownership issues?" (This has become necessary to convince the Civil Court, before whom a suit is ..
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