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Category: Law Notes

A collection of law notes at hand at any moment for a quick understanding of all the vital details related to the subject matter.

The Banking Structure

The Indian Banking Structure Introduction  “The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented” Josiah Stamp. The object of this report is to understand in depth the concept of what are banks, history of […]

Doctrine Of Indoor Management

Doctrine of Indoor Management

Explanation of Doctrine Of Indoor Management with Landmark Case law Doctrine Of Indoor Management Doctrine of indoor management protects the interests of the outsiders, As per this doctrine the outsider is not suppose to have the knowledge regarding the internal management and functioningof the company and his or her knowledge […]


gift deed format

Important Highlights 1. Under Section 122 of the Transfer of Property Act, a Gift is the transfer of certain existing movable or immovable property made voluntarily and without consideration by one person called the Donor to another person called Donee and accepted by or on behalf of the Donee. 2. […]

Types of Contracts

types of contracts

A. Basis of Enforceability.i. Valid contract.ii. Void contract.iii. Voidable contract.iv. Illegal contract.v. Unenforceable contract. B. Basis of Formation.i. Express contractii. Implied contractiii. Tacit contractiv. Quasi-contractv. E contract C. Basis of Performance.i. Executedii. Executory a. Unilateral b. Bilateral A. Basis of Enforceability. i. Valid Contract. ICA, 2(h) All essential elements of […]

Meaning and Nature of Contract

A) Why do we need to study contract law. The basic purpose of contract law is to provide a framework within which individuals can freely contract and the contract can legally bind the contracting parties by the creation of laws which are applicable only to the very individuals that create […]