Contract 2 : Specific Contract And Law of Partnership
Consequences Of Dissolution Of Partnership Firm
In today’s article we are going to know the Consequences Of Dissolution Of Partnership Firm. As we know that dissolution of a partnership firm leads to the termination of business operations, requiring the settlement of assets and liabilities among partners. After the dissolution of the firm, the partners have certain rights and liabilities. Sections 45 […]
5 mins read
Difference between bailment and pledge
In today’s article we are going to understand difference between bailment and pledge. Before understanding the differences lets firstly break down Bailment and pledge. Both Bailment and Pledge are special kinds of contract and both are governed by the Indian Contract Act,1872. Section 148 to 171 of the act deals with Bailment and Section 172 […]
3 mins read