THE NEGOTIABLE INSTRUMENTS ACT 1881
Meaning of Negotiable Instrument:
Negotiable Instrument means a promissory note, bill
of exchange or cheque, payable either to order or to
According to Willis, A negotiable instrument is one
the property in
THE SALE OF GOODS ACT 1930
According to Section 4(1) of the Sale of Goods
Act,1930,contract of sale of goods is a contract
whereby the seller transfers or agrees to transfer the
property in goods to the buyer for a price.
Contract of sale is a te
THE INFORMATION TECHNOLOGY ACT 2000
We often put our signatures on different papers,
letters, documents etc. in order to reveal our identity
or to authenticate the documents.
If the persons are illiterate, they have to put their
THE CONTRACT ACT 1871
According to section 2(h) of the Indian Contract Act:
An agreement enforceable by law is a contract.
All agreements are not enforceable by law and,
therefore, all agreements are not contracts.
Some agreements may be enforceable by
THE COMPANIES ACT 1956
Definition & Meaning:
A voluntary association of persons.
A company, in broad sense, may mean an association of
individuals formed for some common purpose. But is a
voluntary association of persons. It has a capital divisible
THE CONTRACT ACT 1872
CONTRACTS OF INDEMNITY:
The term indemnity means to make good the loss or
to compensate the party who has suffered some loss.
Meaning of Contract of Indemnity(Section 124):
A contract by which one party promises to save the