NEGOTIABLE INSTRUMENT ACT

INTRODUCTION The negotiable instrument act was introduced in the year 1881.The act which helped to promote the growth of banking and financial transactions. Predominantly this act was introduced in the period of British rule, most of the provisions in this act still remain unchanged. The legal definition of negotiable is that something can be transferable…

Sources of Hindu law

INTRODUCTION Hindu law is composed of different texts and scriptures; the development of Hindu law was both natural and, at times, aided by laws implemented during the British period. There are two types of Hindu legal sources: ancient and modern. Ancient sources include religious texts such as shrutis and smritis, as well as several Upanishads,…

“Good faith lies at the root of the insurance company”…. a special reference to life, fire, and marine insurance.

INTRODUCTION An insurance policy is a contract between the policyholder and the insurer. The policyholder pays a premium. In return, the insurer provides the agreed insurance cover. The parties to an insurance contract must be honest with each other and must not hide any information relevant to the contract from each other. This is known…