The question of whether or not an Agreement is a Side Letter and whether such agreement meets the requirement of a valid, binding and enforceable contract or not, must be analyzed on facts from case to case and that the same must comply with the provisions of the Indian Contract Act 1872. The following broad … Continue reading Validity and Legal Enforce-ability of Side Letters in India
Criminal Complaint after 5 years has lapsed and whether the bar under Section 468 of Cr. P C, 1973 will be applicable in initiating criminal action in the above mentioned case.Limitation prescribed under Section 468 of Cr.P.C. applies to only non-serious cases where the imprisonment term does not exceed three years. The section 468 of … Continue reading Criminal Action after 5 Years and Bar of Section 468 Cr.P.C.
The basic purpose of Indian Stamp Act, 1899 is to raise revenue to Government. However, over a period of time, the stamped document has obtained so much value that a ‘stamped document’ is considered much more authentic and reliable than an un-stamped document.Power of Parliament in respect of stamp duty –Parliament can make law in … Continue reading Stamp Paper Validity