Novation is the complete substitution of the old contract with a new contract. If such substitution is complete, then the old contract need not be performed.
Copyright is a right which recognises ownership over creative works. In simple terms, copyright is a right given to the creators of any form of expression such as music, movies, books, caricatures, etc.
The doctrine of promissory estoppel is an equitable doctrine which finds its existence in both common and civil law. If one party acts on the promise of the other party, the other party is not allowed to go back on the said promise.
If the obligations under a contract are being assigned to another party, such an assignment cannot take place without the consent of the counterparty to the contract.
Mooting cannot be seen as a one person activity. In order to be a good mooter, there has to be a supportive, encouraging, and competitive environment in the college.
The terms and conditions of a contract can either be expressly stated or they may be implied in the contract. It is only in absence of an express term that implied terms are inferred.
This is a landmark case on the validity of a contract in case of mistake of facts. According to Section 20 of the Indian Contract Act, the mistake has to be….
