Month: January 2022

Supreme Court states RBI’s powers are legally binding It has control over financial institutions like the Small Industries Development Bank of India A Supreme Court bench comprising Justice Subhash Reddy and Justice Hrishikesh Roy has stated that the Reserve Bank of India (RBI) has wide supervisory powers over financial institutions like the Small Industries Development

Last Updated on 8 hours by Admin LB The purpose of this piece ‘Violence Against Healthcare Community: A Ready-Reckoner of Laws & Remedies’ is to simply provide an easy referencer to laws in India that address the violence suffered by healthcare workers and institutions in the discharge of their duties. Violence Against Healthcare Community: A

Last Updated on 7 hours by Admin LB Question: A teaches his parrot to recite an offer and sends the parrot to B. The bird repeats the recitation before B, who says ‘yes’ to the offer. Is this a valid offer and acceptance, giving rise to an agreement? Give a reason for your answer. [HJS

Last Updated on 4 hours by Admin LB Question: A accepts the proposal of B by a letter and puts it in a post. But the letter is lost in post transit. Whether acceptance is communicated? [HJS 1984] Find the answer to the mains question only on Legal Bites. [A accepts the proposal of B

Service tax refund cannot be denied: CESTAT GST Act cannot frustrate procedural requirement of filing TRAN-1 before December 27, 2017 The Chennai bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that the right to claim service tax refund cannot be frustrated for the procedural requirement of filing TRAN-1 before December 27,

CCI informs Karnataka High Court of final case hearing The Competition Commission of India said it would close the petition filed by Google against its order The Competition Commission of India (CCI) has told the Karnataka High Court that it would finally hear the case regarding Google Play Store rules. It said that it was

Last Updated on 4 hours by Admin LB Question: A makes an offer to B for the sale of radio to B for Rs. 200 only. The next day he sells the radio to C and this fact comes to the knowledge of B from his friends. Can B still accept the offer of A?

Last Updated on 2 hours by Admin LB Dealing with the Notion of Hardship and Force Majeure Clause in the Unforeseen Events, wherein Section 56 of the Indian contract act, 1872 talks about the agreement to do impossible acts. The first part of this section says “An agreement to do an act impossible in itself is

High Court to hear Future Group’s appeal Indian conglomerate challenges single judge order passed by the Singapore Arbitrational Tribunal The Delhi High Court is hearing the appeal filed by the Future Group challenging a single judge order. The court had dismissed its plea challenging the two orders passed by the Singapore Arbitration Tribunal. Future Group

Last Updated on 18 mins by Admin LB Question: A duly posts a letter of acceptance to B. But the letter is lost in transit by the negligence of the post office. What effect, if any, does this have on the formation of the contract? [Punjab JS 1995(11)] Find the answer to the mains question