Articles

Aishwaryasandeep

Injunction*

An injunction is a court’s direction to one or more parties in a civil trial to refrain from performing, or less frequently to perform specific conduct or acts. Preliminary, or temporary, injunctions are usually issued before the start of a trial; they expire when the proceeding is resolved or at an earlier time specified. Permanent,…

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Specific Performance of the Contract

Introduction The Specific Relief Act, 1877 codified the law of specific relief in India. The Law Commission considered this provision in its Ninth Report, which was later replaced by the current act of 1963. The Specific Relief Act of 1963 addresses remedies granted at the discretion of the court to enforce individual civil rights. In…

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Salient features of the 60th amendment of the Indian Constitution*

Introduction A constitutional amendment modifies a polity’s, organizations, or other sorts of entity’s constitution. Frequently, amendments are included directly into the pertinent portions of an existing constitution. On the other hand, they can be added as extra additions (codicils) to the constitution, modifying the form of government without changing the wording of the original document.…

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Difference between Indemnity and Guarantee contract*

Introduction: Indemnity and guarantee contracts are a type of contingent contract governed by Contract Law. Simply put, indemnity means protection against loss in the form of monetary compensation. Indemnity occurs when one party promises to compensate the other party for a loss caused by the promisor’s or any other party’s actions. The guarantee, on the…

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Types of IPR covered by the TRIPS agreement

Introduction At present, the products of intellectual creativity such as inventions, designs, know-how and artistic works serve an important role, and in order to promote such creative activity, inventions, industrial designs, literary and artistic works, layout-designs of integrated circuits, trade secrets and so on are given protection.Furthermore, trademarks and other such signs are also protected…

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Contract of Guarantee*

Section 126[i] of the Indian contract act defines a contract of guarantee as a contract to perform the promise or discharge the liability of the defaulting party just in case he fails to meet his promise. To represent a contract of guarantee, there should be a concurrence of the principle-debtor, the creditor and therefore the…

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LIQUIDATED DAMAGES AND PENALTY

Introduction: When there is a breach of contract, liquidated damages and/or a penalty are due. While the terms penalty and liquidated damages may sound similar, there is a distinct difference between them. In this article, we will look at the laws that govern the payment of compensation in the event of a contract breach. Penalty…

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