SRD Law Notes

1) Introduction:             In the world number of states is not fixed and it is ever changing. Due to passage of time, old State disappear or unit…

The word ‘Contract’ is derived from the Latin term ‘Contractum’ which means “drawn together”. According to Section 2(h) of the Indian …

No Book-Keeping  Accountancy 1 Meaning: Bookkeeping records and classifies the business transactions. Book keep…

An acceptance to be valid and legally binding, it must be communicated to the offeror.  According to Section 2(b) When a person to whom t…

1. Acceptance         Acceptance of Offer / Proposal is very essential for formation of a contract . According to Section 2(b) of the Indian Cont…

Rectification is the correction of a document if it does not correctly express the common intention of the parties to it.Conveyances, le…

Section 463 to Section 477A of the Indian Penal Code, 1860 deal with the offences relating forgery,  forged documents and making or posses…

1) Meaning & Definition       According to Section 4(1) of the Sale of Goods Act 1930,  A contract of sale of goods is a contract whereby the …