Difference between Contingent Contract & Wagering Agreement

Difference between Contingent Contract & Wagering Agreement Difference between Contingent Contract & Wagering Agreement CONTINGENT CONTRACT – Contingent Contract is a valid contract in nature. Under Contingent Contract, future uncertain events are collateral to the main purpose of the contract. In Contingent Contract, there may or may not be reciprocal promises. Parties have real interest

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Banks Have Discretion To Exclude Such Borrowers From The OTS Scheme Where The Chances Of Recovery Are High: J&K And Ladakh High Court

Wednesday May 31, 2023. BY Malavika Sachin, Abdullah Qureshi, Shradha Patil | Debt Recovery The Hon’ble Single Judge Bench of Jammu & Kashmir and Ladakh High Court, comprising of Justice Sanjay Dhar in Ghulam Ahmad Mir Vs J&K Bank & Ors.[i]vide order dated 26th April 2023 held that a banking institution has the liberty to

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