Indemnity Definition: Section 124 of the Indian Contract Act, 1872, defines a contract of indemnity as a contract by which one party prom...

  1) Twelve Golden Rules governing ratification of act of agent by principal. https://www.lawweb.in/2020/07/ratification-by-principal-of-act...

  The Doctrine of Frustration is a legal concept in contract law that allows for the discharge of contractual obligations when unforeseen ev...

1) Contracts  generally include a provision for the one party  to pay  liquidated damages  (or  liquidated and ascertained damages , ) to ...

There are twelve rules governing ratification of act of agent by principal. 1) The contract must be made by the agent for or ...