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The Government of A.P issued an order for acquisition of land and later the Government refused to take the land. Meanwhile one year period had completed. Advise the land losers for loss sustained by them for a period of one year as per Land Acquisition Act.

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Issue: 1. Whether order for acquisition by Govt. of A.P is valid? YES 2. Whether the withdrawal of acquisition by Govt. is valid? YES 3. Whe...

Explain the nature and extent of surety liability. State the circumstances in which surety is discharged from his liability. Therefore, where the liability of the principal is held to be not enforcement on the ground of the contract being illegal, there is no question of surety being made liable. If the principal debtor happens to be minor and the agreement made by him is void, the surety too cannot be made liable in respect of the same because the liability of the surety is coextensive with that of the principal debtor.

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  Liability of Surety:- According to Section 128, “The liability of the surety is coextensive with that of the principal debtor, unless it i...

Emergency Provisions Part XVIII of the Constitution of India contains Articles 352-360 which deals with 'Emergency Provisions'. There are three kinds of provisions according to the Constitution.

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Introduction Part XVIII of the Constitution of India contains Articles 352-360 which deals with 'Emergency Provisions'. There are th...

Contract of Agency Define pledge. Discuss the essential elements of a pledge. He is entitled to remuneration and other expenses properly incurred by him in the agency. But if he is guilty of misconduct, he is not entitled to receive the remuneration. Illustration: A employs B to recover Rs. 1000 from C. Through B’s misconduct, the money is not recovered. B is entitled to no remuneration for his services and must make good the loss.

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Introduction:-           The law of agency governs situations where one person (agent) is appointed to act as the representative of another ...

Article 266 (1) of the Constitution of India, a Consolidated Fund Of State ( a separate fund for each state) has been established where all revenues both tax revenues such as Sales tax/VAT, stamp duty etc..and non-tax revenues such as user charges levied by State governments.

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  Consolidated Fund of India Art- 266- Under Article 266 (1) of the Constitution of India, all revenues ( example tax revenue from personal ...

State the rights of a surety against the principal debtor, creditor and co-sureties.

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Against principal debtor Right of subrogation:-After paying the guaranteed debt, the surety steps into the shoes of the creditor and acquire...

Discuss the various kinds of Guarantee. and also discuss Revocation or termination of a continuing guarantee. A becomes surety to B for the amounts he lends to C up to Rs.10,000 at 20 percent per annum. Afterwards, when B had already lent Rs.6,000 to C they mutually agree that the rate of interest for the subsequent loans should be reduced to 10 percent only. A is discharged from the liability for the subsequent loans.

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Kinds of Guarantee:- A guarantee may be given for the payment of debt , for the payment of the price of goods sold on credit, the good condu...