The concept can be best explained through the facts of a recent case (which are fairly straightforward). Picture this: A bank called – ‘No Bank’ lent various… Read more “A few words on the rule of ‘Contra Proferentem’ (Contract Law demystified)”
Category: Contract Law
To sever or not to sever! Understanding the ‘Blue-Pencil Rule’ of Severability under Contract Law.
Many a times, parties to a contract find, much to their dismay, that some parts of their contracts are not legal and valid and, therefore, unenforceable. In… Read more “To sever or not to sever! Understanding the ‘Blue-Pencil Rule’ of Severability under Contract Law.”
Some points on ‘Standard form contracts’
A Standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, or a take-it-or-leave-it contract) is a contract between two parties, where the… Read more “Some points on ‘Standard form contracts’”
Territorial Jurisdiction in case of a E-Contract.
This post addresses the question of : Validity of a contract entered into through E-mail (E-Contract) and how territorial jurisdiction is to be determined in such cases.… Read more “Territorial Jurisdiction in case of a E-Contract.”
A primer on law relating to liquidated damages/Section 74 of the Contract Act
Law of Liquidated Damages and Penalty (S.74) When the contract mentions a ‘specific amount’ to be paid as compensation in case of breach : Whether that amount… Read more “A primer on law relating to liquidated damages/Section 74 of the Contract Act”