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Abandonment of Contract, How is it different from Breach of Contract?
Contract, as according to Section 2(h) of the Indian Contract Act, 1872 is any agreement that can be enforced in the court of law. An Agreement as under section 2(e) of the act means any promise(s) made by one party for a standard consideration. When such promise or consideration is not fulfilled, the contract is … Continue reading Abandonment of Contract, How is it different from Breach of Contract?
Read more »Unpacking The Performance Of Contracts And Liability Of Indian Parties Under The Incoterms 2020
Introduction and nature of Incoterms The word “Incoterms” refers to the list of guidelines laid down by the International Chambers of Commerce for the sale of essential items of goods across the world. The Incoterms are a ready to use guiding principles which can be used during the agreement between international parties about their purchase … Continue reading Unpacking The Performance Of Contracts And Liability Of Indian Parties Under The Incoterms 2020
Read more »Arbitration : A Perspective
Arbitration is a form of Alternative Dispute Resolution. ADR methods enjoy significant advantages such as lower costs, greater flexibility of process, higher confidentiality, greater likelihood of settlement, choice of forum, choice of solutions etc. Having said that one of the most popular widely recognised and practised forms of ADR is Arbitration. Arbitration Law in India … Continue reading Arbitration : A Perspective
Read more »Ambushed!
India may be a cricket crazy nation but it is the Olympics that has every Indian clinging on to his television set these days, cheering for his country. The Olympics is one of the biggest sporting events in the world where more than 200 nations participate in nearly 400 events. The media exposure became a … Continue reading Ambushed!
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