What is domicile certificate

A person is said to have a domicile in a country in which he/she is considered to have his/her permanent home. A person cannot have more than one domicile. Domicile plays an important role in the writing of Will, intestate succession, and succession planning. The Indian Succession Act, 1925, provides that succession to immovable property in India […]

Trademark Class 14

A comprehensive guide to Class 14 of the Trademark Filing Classification. Trademarks must be applied or registered under classes and each class represents a distinct class of goods or services. Class 14 of the Trademark Filing Classification. Trademarks must be applied or registered under classes and each class represents a distinct class of goods or services. In this post,

Fire Fighting Facilities Approval

Fire safety is a crucial part of any event or life in general. A fire license is a mandatory requirement for any business or organization operating in a building in Tamil Nadu. In Tamil Nadu, the process for obtaining a fire license or no-objection certificate (NOC) is governed by the Tamil Nadu Fire and Rescue

Cohort Retention Rate

Cohort retention rate and customer stickiness are two important metrics that businesses use to understand and improve their relationships with their customers. Cohort retention rate measures the percentage of customers who continue to do business with a company over time, while customer stickiness measures the strength of a customer’s loyalty to a company and their

Section 60 – THE INDIAN CONTRACT ACT, 1872

Application of payment where debt to be discharged is not indicated Where the debtor has omitted to intimate and there are no other circumstances indicating to which debt the payment is to be applied, the creditor may apply it at his discretion to any lawful debt actually due and payable to him fromthe debtor, whether

Section 59 – THE INDIAN CONTRACT ACT, 1872

Where a debtor, owing several distinct debts to one person, makes a payment to him, either with express intimation, or under circumstances implying, that the payment is to be applied to the discharge of some particular debt, thepayment, if accepted, must be applied accordingly.Illustrations(a) A owes B, among other debts, 1,000 rupees upon a promissory

Section 58 – THE INDIAN CONTRACT ACT, 1872

Alternative promise, one branch being illegal In the case of an alternative promise, one branch of which is legal and the other illegal, the legal branch alone can be enforced.IllustrationA and B agree that A shall pay B 1,000 rupees, for which B shall afterwards deliver to A either rice or smuggled opium.This is a

Section 57 – THE INDIAN CONTRACT ACT, 1872

Reciprocal promise to do things legal, and also other things illegal Where persons reciprocally promise, firstly, to do certain things which are legal, and, secondly, under specifiedcircumstances, to do certain other things which are illegal, the first set of promises is a contract, but thesecond is a void agreement.IllustrationA and B agree that A shall

Section 56 – THE INDIAN CONTRACT ACT, 1872

Agreement to do impossible act An agreement to do an act impossible in itself is void. 1. See s. 73, infra.2. C.f. ss. 62 and 63, infra.26Contract to do an act afterwards becoming impossible or unlawful.—A contract to do an actwhich, after the contract is made, becomes impossible, or, by reason of some event which

Section 55 – THE INDIAN CONTRACT ACT, 1872

Effect of failure to perform at fixed time, in contract in which time is essential When a party to a contract promises to do a certain thing at or before a specified time, or certain things at or before specified times, and fails to do any such thing at or before the specified time, the