What is a pledge? A pledge is a type of bailment which allows the pledgor/pawner to transfer the possession of an object to the pledgee/pawnee to maintain as a security or collateral until the duration of either repayment of a loan, deliverance of promised goods, or completion of specific contractual obligation. This is usually done to guarantee the performance…
View detailsINTRODUCTION Corporation means a company and governance means the procedure by which any organization is operated and controlled. Therefore, corporate governance deals with how the corporations are controlled, operated, directed, and rules and regulations relating to the same. IMPLICATIONS OF GOOD AND BAD CORPORATE GOVERNANCE Good corporate governance helps the organization to help achieve its…
View detailsIntroduction With “entrenched ageist attitudes” already undermining the autonomy of elder persons in making their own choices and decisions, the COVID-19 pandemic has brought into sharp focus further violence, abuse and neglect against them, a UN independent expert said on Monday, marking World Elder Abuse Awareness Day. “Distressing reports from care homes in different parts of…
View detailsGenerally unfair trade practices may include illegally refusing any transaction, deceptively soliciting customers, disrupting business activities of the rivals unfairly, unfairly excluding competitors. In the new corporate and business world today where there is cut throat competition the business persons daringly use unfair trade practices to edge over the other. This may give them advantage…
View detailsThe ideal market is the one in which various market participants are independent and act as competitive restrain on each other. This economic liberty of market participants is sine qua non for preserving free and unfettered competition in any market. Some time the market participants with an objective to make more money instead of competing…
View detailsINTRODUCTION When disagreeing parties are not satisfied with the judgement passed by the Court via litigation, Alternative Dispute Resolution (ADR) comes in play to save the day. ADR is an external dispute resolution method which is used to settle disputes between two parties or more, with the help of a third party. It has a…
View detailsShould Fathers be given Paternity Leave? Albeit paid leave is regularly outlined as an issue that matters to working ladies, paid parental leave is moreover fundamentally significant for fathers. Approaches that guarantee fathers have the help they need to organize their family duties, while additionally satisfying work needs; can essentially expand the individual and monetary…
View detailsA contract is an agreement between private parties or individuals that create mutual obligations, which are legally enforceable. Mutual assent, expressed by a valid offer and acceptance, adequate consideration, legality, and capacity are the basic elements required for an agreement to be legally enforceable. Contracts are legally enforceable promises. And whenever a promise is not fulfilled,…
View detailsTOPIC: What is a cheque, promissory note, and bill of exchange A brief history The NI Act is not a newly drafter post-colonial act. It dates back to the colonial rule and has remained largely unchanged. It was first drafted in 1866 by the 3rd Indian law commission however, due to constant objections by select…
View detailsAuction Sale INTRODUCTION A public sale is an auction sale. The products are auctioned to the general public who have gathered in one location for the auction, and all prospective buyers are referred to as bidders. The bid is the price they are giving for the products, and the things will be sold to the…
View detailsWhatsApp us
