What is a Partnership? A partnership is a form of business where two or more people share ownership, as well as the responsibility for managing the company and the income or losses the business generates. That income is paid to partners, who then claim it on their personal tax returns – the business is not…
View detailsA precedent is a concept or rule stated or established in a previous legal case. It contains prior legal decisions made by judges in comparable situations, and so serves as a guide for what must be done in similar circumstances in the future. In the 18th century, the Government of India act, 1935 held that decisions…
View detailsIntroduction Section 96 to 106 of the Indian Penal Code, 1860 deals with the right of private defence of person and property. The provisions of these sections give authority to the person to use necessary force against wrong-doers in order to protect one’s own body and property as well as another’s body and property. One…
View detailsHeads of income Income is classified under 5 main heads under section 14 of the act Income from salary Income from house property Income from capital gains Profit and gains from business and profession Other sources of income Agricultural income Agricultural income is any rent or revenue by means of cash or in-kind, derived from a…
View detailsAn Arrest is an act of taking a person into custody as he/she may be suspected of a crime or an offence. It is done because a person is apprehended for doing something wrong. After arresting a person further procedures like interrogation and investigation is done. It is part of the Criminal Justice System. In…
View detailsSalmond defines right as an “interest which is protected and recognized by the rule of law. It is an interest which has its duty and disregard of which is wrong”. Rights can be said as fundamental normative standards concerning what is authorised or owed to persons according to some legal system, social convention, or ethical…
View detailsCybercrime is a term for any illegal activity that uses a computer as its primary means of commission. It is an offence that is committed against individuals or groups of individuals with a criminal motive to intentionally harm the reputation of the victim or cause physical or mental harm to the victim directly or indirectly,…
View detailsIntroduction The contract of the sale of goods is governed by The Sale of Goods Act, 1930. The Act extends to the whole of India except the state of Jammu & Kashmir. Till 1930, all the transactions related to the sale of goods was regulated by The Indian Contract Act, 1872. In 1930, Sections 76-123…
View detailsIntroduction Before learning about the various aspects of Law of Torts and reformations needed in India, it is expedient for us to understand what a ‘tort’ is. Tort is a wrong done to a person, but it is not a criminal wrong. Rather, it’s a branch of civil law tree. It is a civil wrong…
View detailsThe Consumer Protection Act, 2019 (the Act) received the President’s assent on 9 August 2019 which has replaced the Consumer Protection Act, 1986. The Act aims at protecting and strengthening the rights of the consumers by establishing authorities, imposing strict liabilities and penalties on product manufacturers, electronic service providers, misleading advertisers, and by providing additional…
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