Rishabh Aggarwal

Author Archives: Rishabh Aggarwal

Various Methods of Creation of Agency

Various Methods of Creation of Agency | Overview Introduction Creation of Agency Methods of Creation of Agency Conclusion: Various Methods of Creation of Agency In the commercial world, the agency plays a crucial role in extending the Principal’s arms into areas which are not in his or her reach. To initiate this relationship, there are various methods established……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Difference Between Servant And Agent

Often used interchangeably, servant and agent are far different as far as the legal connotation is concerned. Hence, their difference becomes important to understand the liabilities for two respective positions. Philosophically and legally, their difference is drawn out in the following article. Introduction In the commercial world, and that too in a digitalised and over-competitive world, the increasing……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Registration of Firms and Effect of Non Registration

Registration of Firms and Effect of Non-Registration are two important paradigms of Chapter 7 of the Indian Partnership Act, 1932. It is not mandatory for a firm to get registered, and the process is also fairly simple. But, the consequence of non-registration takes away the opportunity to enforce the contractual or legal rights. Introduction Firms formed under the……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Partnership and Private Limited Company: Advantages & Disadvantages

Partnership and Private Limited Company have a number of advantages and disadvantages for each of the business types. On one hand, there is a great deal of flexibility available and on the other, there exist procedural compliances that have to be met. One should carefully choose among the two. Introduction When it comes to business associations, the two……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Test of Partnership: Explanation, Components & Case Laws

Test of Partnership has to be carefully applied by the courts so as to judge whether a given relation is that of a firm or not. It is to investigate the real intention of the partners. A mere fact of the share of profits would not make the relation that of a partnership. I. Introduction Partnership stands for……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Properties of Firm | Indian Partnership Act, 1932

Properties of firm are covered under Section 14 of the Indian Partnership Act, 1932. Various aspects like goodwill and the rights and interest held in properties are considered as properties of the firm. The essential is an express or implied agreement among the partners. Rest, the property can be acquired also. I. Introduction A firm is just a……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Formation of Partnership | Indian Partnership Act, 1932

Formation of Partnership is an important activity which has to take place within the tenets of the law. The permissible restrictions are present in the Indian Partnership Act, 1932. The agreement through which the partnership is originated is to be legal and the object should not be illegal. The partnership is not created by status and can be……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Partnership: Concept, Definition and Essentials

The concept of Partnership is an important area to explore before delving into the legal nuances of this vast arena. Having no legal entity still binding its constituents, called partners, this is the beauty of this concept. I. Introduction – Concept and Definition of Partnership A unique form of association, the partnership allows individuals to collaborate by maintaining their……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Declaratory Decrees | Specific Relief Act 1963

Declaratory decrees issued under section 34 of the Specific Relief Act. It acknowledges the legal character or right to property of the plaintiff. It helps in avoiding all possible future controversies and litigations that can arise over the title. It is binding only between the parties. I. Introduction: Declaratory Decrees under the Specific Relief Act 1963 Under Chapter 6……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only

Cancellation of Instruments | Specific Relief Act 1963

Cancellation of instruments is a remedy provided under the Specific Relief Act, which combines equity and law so as to provide justice to the aggrieved. There can be a void or voidable instrument, which can be sought to be cancelled at the option of the plaintiff. The remedy is dependent upon the discretion to be exercised by the……...

This content is for Aspirant and Veteran members only. Unbox the Secret of Most Affordable Legal Learning.
Login Join Now @ ₹ 1 Only