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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.
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The contributions made by A and B are in the ratio of 2:3. If 20% of total profit is donated and A gets 5890 as his share of profit, what is the total p...
A and B entered into a business investing their capital in the ratio of 21:18, respectively and the respective ratio of time for which they made their i...
A and B together started a business by investing their capital in the ratio of 11:8, respectively and total amount invested by them together is Rs. 7600...
‘M’ started a business with an investment of Rs. 4000. After 4 months ‘N’ joins the business with an investment of Rs. 2850. If the total profit...
M and N started a business by investing Rs.6000 and Rs.7000 respectively. After 6 months, M and N increased their investments by 40% and Rs.2800 respect...