Question
In which case did the Court held that when a contract
is valid no doubt of it being cancelled arises and when it is void ab initio then also no option of cancelling it arises as it is not present in the eyes of lawSolution
The Court held that when a contract is valid no doubt of it being cancelled arises and when it is void ab initio then also no option of cancelling it arises as it is not present in the eyes of law. When a contract has no existence, no action is enforced on it. N.P. Thirugnanam v.Dr. R.J. Mohan Rao- a plaintiff not "ready and willing" to perform his part of the contract would not be entitled to a specific performance decree. c. Shakuntala Devi v. Chamru Mehta- The Court held that Section 4 of the Specific Relief Act would only be available with regard to civil matters and not to criminal proceedings. Indian Oil Corporation Ltd. V. Amritsar Gas Services & Ors. -It was held that a contract which is in its nature determinable cannot be enforced by the Court.
An effective MIS (Management Information System) should have all the features, except?
According to the RBI Annual Report 2023-24, what was India’s headline inflation rate for the fiscal year 2023-24?
From a machine that cost Rs.50,000 and has residual value of zero the following costs and revenues are expected to be derived over its life of 4 years:<...
What is the minimum yearly contribution required for NPS Tier I account to keep it active?
Calculate the Return on Capital employed of JKL Ltd based on given information?
Suppose two distributions have the same mean, same standard deviation and are equally skewed, but the first distribution is more peaked than the other. ...
Delegation is considered as an important principle in management. It is a part of the _______ Â management function
What is the goal of the system model of organizational behavior?
A situation in which two moral principles conflict with one another is known as ______
What is the primary purpose of financial regulations?