Contract Law

SMART E-CONTRACTS WINS OVER REGULAR CONTRACTS

Written BY- TANUSHREE CHAKRABORTY INTRODUCTION In recent years, traditional business models have become out-of-date and, in many cases, do not produce enough revenue for the owners or shareholders of the company. This is the typical example of a situation in the newspaper industry in the United States of America in which many of the prominent newspapers have shut down or merely switched to the electronic media.[1] E-contract is one of the branches of e-business. It …

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SPECIFIC PERFORMANCE OF THE CONTRACT

Written by- Vartika Singh The Indian Contract Act, 1872 and the Specific Relief Act, 1963 are the governing laws looking over the execution of contracts between parties. Parties to a contract are under a legal obligation to perform their part once they engage into a contract. In case, any of the parties deny to perform their part while the other party has performed or is willing to perform their duty as mentioned in the contract, …

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CHEQUE BOUNCE NOTICE

Written by- SHIBANI AGARWAL ABSTRACT This research paper deals with the common mistakes which leads to a cheque bounce and the procedure which should be followed to issue a cheque bounce notice. I have also dealt with the amendments done under the Negotiable Instrument Act,1881. Keywords: Cheque bounce, Dishonor, Negotiable Instrument Act. INTRODUCTION A bill of exchange which is payable on demand is called a cheque. In a transaction, there are two parties- one who …

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