Contract Law

Life Insurance Corporation of India V/S Manish Gupta

“A contract of insurance involves utmost good faith” Case name: Life Insurance Corporation of India V/S Manish Gupta Case number: Civil Appeal No.3944 OF 2019 Court: The supreme court of india Bench: JUSTICE DR.DHANANJAYA Y CHANDRACHUD,              JUSTICE HEMANT GUPTA Decided on: APRIL 15, 2019 Relevant Act/Sections: BRIEF FACTS AND PROCEDURAL HISTORY: The case took …

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The Oriental Insurance Co Ltd V/S P.S.T.S & Sons Pvt Ltd

One of the general principle is that an agent is not personally liable to third parties. But under certain circumstances, an agent can also be made liable. When he becomes liable he can sue and be sued. This general principle is expressed in Section 230 of the Indian Contract Act BRIEF FACTS AND PROCEDURAL HISTORY: …

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V. Krishnamurthy Vs M/S Kasthuri& Sons

“In cases where the agent is personally liable, a person dealing with him may hold either him or his principal or both of them liable” Case name: V. Krishnamurthy V/s M/S Kasthuri& Sons Case number: O.S.A Number-363 of 2008 Court: Madras high court Bench: Justice A. Selvam, Justice Kalaiyarasan Decided on: SEPTEMBER 06, 2016 Relevant …

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Mumthas C V/S Tahsildar

In Principal-Agent relationship, a responsibility is imposed on the Principal on the acts of Agent. The responsibility is based on common law principle “respondeat superior” (“let the master answer”). Case name: Mumthas C V/S Tahsildar Case number: Civil appeal number-32296 of 2016 Court: Kerala high court Bench: Justice N. Nagaresh Decided on: FEBRUARY 11, 2021 …

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Jagran Prakash Ltd V/S The Deputy Commissioner Of Income Tax

“Principal and agent relationship can also exist without any written or codified agreement” Case name: Jagran Prakash Ltd V/S The Deputy Commissioner Of Income Tax Case number: Civil appeal number-388 of 2012 Court: Allahabad high court Bench: Justice Ashok bhushan, Justice Krishna prakash Decided on: MAY 03, 2012 Relevant Act/Sections: Section 194H, 182 of the …

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Mohan Lal & Anr. V/s. Grain Chamber Ltd., Muzaffarnagar & Ors.

A Company can always restart the business with the assets it possessed and prosecute the objects for which it was incorporated Case name: Mohan Lal & Anr. V/s. Grain Chamber Ltd., Muzaffarnagar & Ors. Case number: Civil Appeals Nos. 114 and 115 of 1965 Court: Supreme Court of India Bench: Hon’ble Justice J. C. Shah, …

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Energy Watchdog V/s Central Electricity Regulatory Commission and Ors Etc.

An unexpected rise in the price of coal will not absolve the generating companies from performing their part of the contract for the very good reason that when they submitted their bids, this was a risk they knowingly took. [Case Brief]: Energy Watchdog V/s Central Electricity Regulatory Commission and Ors Etc.  Case name: Energy Watchdog …

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THE NAIHATI JUTE MILLS V/S HYALIRAM JAGANNATH

Where the contract makes provision (that is, full and complete provision, so intended) for a given contingency it is not for the court to import into the contract some other different provisions for the same contingency called by different name. [Case Brief] The Naihati Jute Mills Ltd. Vs. Hyaliram Jagannath Case name: The Naihati Jute …

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