INTRODUCTION The SARFAESI Act, 2002 (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act) was introduced by the Government of India to address the growing problem of Non-Performing Assets (NPAs) within the financial system. Over the years, it has emerged as one...
Introduction The digital revolution has significantly altered the landscape of commercial transactions,giving rise to electronic contracts or e-contracts—agreements formed and executed entirelythrough electronic means. These contracts are now integral to modern commerce, from onlineretail and service subscriptions to cloud agreements and fintech platforms. However, thetransition...
INTRODUCTION Section 56 of the Indian Contract Act, 1872, which goes as follows:“56. Agreement to do impossible act.—An agreement to do an act impossible in itself is void.Contract to do an act afterwards becoming impossible or unlawful.—A contract to do an actwhich, after the contract...
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