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Frustration of Contract in Commercial Leases Post-COVID: India’s Legal Position
Introduction The COVID-19 pandemic and subsequent government-imposed lockdowns triggered unprecedented disruptions to commercial activities worldwide, creating significant challeng
Forfeiture of Earnest Money: Legal Insights in SARFAESI Proceedings
Introduction The recent Supreme Court judgment addressing appeals concerning the forfeiture of earnest money deposit by a Nationalized Bank in a property auction under the Securiti
SARFAESI Rule Affirmed by Supreme Court: Forfeiture of Entire 25 Percent Deposit on Auction Default
Introduction The Supreme Court of India has issued a crucial ruling stating that banks have the ability to forfeit the entire 25 percent earnest money deposited by an auction purch
Marine Insurance as a Contract of Indemnity: Legal Framework and Principles in India
Introduction Marine insurance represents one of the oldest forms of risk management in commercial trade, with its origins deeply rooted in the maritime trade practices that
