Sankalp Shanker Srivastava INTRODUCTION- THE PRINCIPLE The origin of the principle of the Doctrine of Agency of Necessity rests in the idea where an agent exceeds his authority by acting on behalf of the principal in an emergency situation. This occurs when one party, the agent, is faced with an […]
Indemnity And Agency
-Sumit Kumar Suman, CNLU Introduction Indemnity can be treated as a sub-species of compensation and a Contract of Indemnity is a species of contracts. The obligation to indemnify is a voluntary obligation taken by the indemnifier. Mere possibility of loss occurring will not make the indemnifier liable. Loss to the […]
Agency under Contracts
– Anonymous Editor’s note:This paper analyses the role of an agent under the Indian law on contracts. In contracts of agency, there exists a legal relationship between two people where one person acts on behalf of the other. The essence of the principal-agent relationship is that the principal is too […]