ACTIONABLE CLAIMS

Section 3 of the Transfer of Property Act, 1882 defines Actionable Claims as A claim on any debt other than a liability secured by the foreclosure of immovable property or hypothecation for movable property or Claim to any beneficial interest in movable property that does not belong to the claimant, be it real or constructive.…

MESNE PROFITS

Right of possession is a right granted to all law-abiding citizens in India. If a person is deprived of this right and along with that the person is deprived of the income, he/she can obtain from that possession, then he/she must be compensated with damages. In such type of situation, the concept of Mesne Profits…