How to Recover Money Lent Without a Written Agreement in India?
Introduction: In India, we often see that money transactions with friends, relatives or contact persons without entering a written agreement are very common. But such money transactions become pennies for lenders when the borrower is not willing to…
Read more »How to Recover Owed Money without a Contract or Agreement?
Introduction: Sometimes, people do not take it seriously to transact money with other people. This often happens when they are owed money without a contract or agreement. Most of the time, it happens between friends, family members or…
Read more »Is a sublease agreement legally binding?
Introduction: The simple answer to this question is yes. A sublease agreement is a legally binding document if it is properly drafted, includes all required terms, and follows the legal provisions of local laws. It sets up the…
Read more »How to Carry Out Contract Negotiation with Suppliers?
Introduction: Contract negotiation plays a significant role in contracts. It also helps to make great deals with supplier contracts. We often see that the suppliers’ contracts are very complex. Because so many factors may need to be determined…
Read more »Who is the Lessor in a Lease Agreement?
Introduction A property owner who wants to give his property on a lease must enter into a lease agreement and must sign it to make a legally valid document. The lease agreement defined the terms and conditions of…
Read more »Breach of Contract under the Indian Contract Act, 1872
Introduction A breach of contract arises when one contracting party does not fulfil their contractual obligation towards the specified under the contract. A breach of contract is a critical matter; it harms the contractual relationship between the contracting…
Read more »What is an Anticipatory Breach of Contract? Know Everything
Introduction An anticipatory breach of contract occurs when one contracting party inform through words, conduct, or action that they will not agree to fulfil their contractual obligation before performance time. Under the provisions of the law, it counts…
Read more »Section 13 of the Indian Contract Act, 1872: Consent Defined
Introduction: For making a legally valid contract, free consent is a significant element. Section 13 of the Indian Contract Act,1872, deals with consent, and Section 14 defines free consent. According to that, “When two or more persons agree…
Read more »What Is A Marketing Service Agreement?
Introduction A marketing services agreement (MSA) is a form of contract that is made between two parties. In this contract, the parties set the terms and conditions of the agreement. In this agreement, one party offers certain marketing…
Read more »Section 11 of the Indian Contract Act,1872: Who are competent to contract
Introduction Section 11 of the Indian Contract Act,1872, defines the fundamentals of the capacity of the parties. The provision of section 11 needs to be fulfilled for the parties to enter into a legally binding contract. In this…
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