bailment and pledge

What are Bailor and Bailee under Indian Contract Act 1872?

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What are Bailor and Bailee under Indian Contract Act 1872?

The bailment is defined in the Indian Contract Act. Bailment is used regularly in our daily life. When one person gives his goods to another person for a specific time limit. So to protect the rights of the parties the contract of bailment is required. It is a legal relationship between them who can make … Read more

What is Bail and its Types?

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What is Bail and its Types?

Bail is a pre-trial condition on the accused to ensure they will not obstruct the court proceedings. It is condition release of the accused that they will appear in court whenever required. In some other countries, bail implies a bail bond, a deposit of money or property to the court by the accused in return … Read more