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The Court held that when a contract is valid no doubt of it being cancelled arises and when it is void ab initio then also no option of cancelling it arises as it is not present in the eyes of law. When a contract has no existence, no action is enforced on it. N.P. Thirugnanam v.Dr. R.J. Mohan Rao- a plaintiff not "ready and willing" to perform his part of the contract would not be entitled to a specific performance decree. c. Shakuntala Devi v. Chamru Mehta- The Court held that Section 4 of the Specific Relief Act would only be available with regard to civil matters and not to criminal proceedings. Indian Oil Corporation Ltd. V. Amritsar Gas Services & Ors. -It was held that a contract which is in its nature determinable cannot be enforced by the Court.
A shopkeeper bought two articles for Rs. 200 each. If he sold one of them at 40% profit and the other at 25% loss, then find the difference between the ...
If 7% of S.P. is equal to 8% of C.P. and if 9% of S.P. is Rs. 2 more than 10% of C.P, then find C.P. and S.P.
By selling 18 table fans for Rs 11,664 a man incurs a loss of 10%. How many fans should be sold for Rs.17,424 to earn 10% profit?
An article with cost price of Rs. 1800 is marked 44% above its cost price and sold after two successive discounts of 20% and Rs. ‘X’ respectively su...
A and B started a business by investing sum in the ratio 3:5 respectively for 10 and 12 months respectively. If annual profit earned by B is Rs.1600, th...
The profit earned by selling an article for Rs. 9,200 is 3/4th the loss incurred on selling the same article for Rs. 6,000. Find the selling price of th...
Mina sold 25 lamps at a profit of 20%. If she had sold all the lamps for Rs. 2500 more, her overall profit would have been 40%. What is the selling pric...
Marked price of an article is 1.45 times of cost price. Selling price is Rs. 1500.Find the discount percentage if profit percentage is 25%
A shopkeeper purchases an article at a 30% discount on the marked price and sells it at a 50% profit on the cost price. If his profit amounts to ₹840,...
Table given below shows the cost price and selling price of five different articles.