Found 727 Articles for Introduction To Law

Antitrust Law: Meaning & Applicability

Mukesh Kumar
Updated on 16-Jan-2023 14:31:29

82 Views

Antitrust law is meant to protect consumers from anticompetitive behavior. A closely related goal is to protect small suppliers like farmers and ranchers from price fixing by large buyers. When buyers with market power agree to depress the prices they pay small, competitive suppliers, they exploit them in the same way that colluding sellers exploit consumers. They take the suppliers’ wealth without providing them with countervailing benefits. Price fixing, however, lies at the core of antitrust law and is easy to condemn from a variety of perspectives. Even if the ultimate objective of antitrust law were not to protect consumers ... Read More

Alternative Dispute Resolution: Meaning & Significance

Mukesh Kumar
Updated on 16-Jan-2023 14:20:01

4K+ Views

Although the Indian legal system is among the oldest in the world, it is also widely acknowledged that it is becoming less effective at handling open cases. Indian courts are overburdened with protracted, unresolved issues. The situation is that despite the establishment of more than a thousand fast-track courts that have previously resolved millions of cases, the issue is still far from being resolved as backlogs of unresolved cases continue to grow. Alternative Dispute Resolution (ADR), which settles disputes in a way that is acceptable to all parties, might be a useful tool in dealing with such a circumstance. The ... Read More

All India Bar Examination: Meaning & Purpose

Mukesh Kumar
Updated on 16-Jan-2023 14:09:30

904 Views

In order to control the entry of professionals into the legal area, the Bar Council of India launched the All India Bar Examination in 2011. With approximately 4-5 lakh law students graduating from India's 1700 law colleges every year, it is critical to ensure that only those with the necessary qualifications are permitted to practice law before all levels of courts. The examination, which is administered (normally) every year, aims to determine whether a candidate for advocacy work is qualified to do it. Its purpose is to evaluate both the applicant's analytical skills and fundamental legal knowledge. What is the ... Read More

Absolute Liability: Concept and Significance

Mukesh Kumar
Updated on 16-Jan-2023 13:50:37

194 Views

Following the infamous "oleum gas leak case, " the idea of absolute culpability was developed in India. One of the landmark cases in Indian law is this one. The term strict responsibility or liability was first time used in the M.C. Mehta case, but no exceptions were provided and the defendant was held entirely responsible for the incident caused by his servants’ negligence. According to the ruling in the Ryland v. Fletcher case, the defendant will not be permitted to raise a defense if he or she was at fault. Meaning of Absolute Liability There was an urgent necessity ... Read More

Transactional Law: Meaning and Significance

Mukesh Kumar
Updated on 16-Dec-2022 14:28:52

665 Views

A transactional lawyer, often known as a "business lawyer, " can structure complicated commercial real estate agreements, make wills and trusts, and negotiate and draft contracts. Transactional attorneys can represent both businesses and people. What is Transactional Law? Transactional legal work involves many different elements of business operations. This includes sales, acquisitions, and mergers. All types of professional transactions fall under this area of legal expertise. When compared to litigation practice, transactional practice typically entails handling legal issues out of court. Transactional Law Across Jurisdictions Transactional law practice is notable for the extent to which uniform laws and model acts ... Read More

Tort Law: Definition and Meaning

Mukesh Kumar
Updated on 16-Dec-2022 14:24:27

1K+ Views

It is founded on morality, which is intended to be a legal imperative on people to carry out their obligations, and when there is a breach of such duty, tort law provides the complainant with relief in the form of compensation or damages from the defendant. What is meaning of Tort? Tort is a civil wrong, meaning it is an offense against a person. The Latin word "tortum, " which implies crooked or twisted, is where the term "tort" originates. In this sense, it is comparable to the term "wrong" in English. Criminal and civil law are the two divisions ... Read More

Tort Law in India

Mukesh Kumar
Updated on 16-Dec-2022 14:20:28

885 Views

"Truly speaking, morality is the foundation and structure of the entire tort law." Therefore, it would be naive to rigorously or definitively shut down the constantly increasing horizon of tortious liability. Even for social development, orderly societal development, and cultural advancement, a court's liberal stance on tort liability would be beneficial. − J. Sahai Any misconceptions about the importance of the law of torts are dispelled by the statement made by Hon. Sahai J. His observations also predict an increase in tort lawsuits in India. It would be helpful to turn to the history of England over the past three ... Read More

Space Law: Meaning and Significance

Mukesh Kumar
Updated on 16-Dec-2022 13:57:38

251 Views

In general, people have a very good understanding of what "air" and "space" are and how movement occurs in both. While wings and rotors use aerodynamic lifting surfaces, airships and balloons use aerostatic flight (airplanes, sailplanes, and helicopters). The flight paths of aeroplanes in space are determined by ballistics and orbital mechanics. There is dispute on the exact meaning of the line dividing airspace from outer space. What is Space Law? The corpus of rules in international law known as "space law" regulates behaviour in and around regions of space above Earth's lower atmosphere. It is defined by natural science ... Read More

Rule of Law

Mukesh Kumar
Updated on 16-Dec-2022 13:52:59

282 Views

The notion behind the rule of law is that no one, not even the most powerful official, is above the law and that all aspects of creating, upholding, and interacting with legal norms are governed by the law. Governments are legally restricted, which requires them to follow the same laws to govern the citizens. Thus, the idea of equality before the law, which states that no "legal" person shall enjoy privileges that are not accorded to all people and that no person shall be immune from legal sanctions, is a concept that is closely related. What is Rule of Law? ... Read More

Religious Law: Meaning & Examples

Mukesh Kumar
Updated on 16-Dec-2022 13:46:12

2K+ Views

There are various religions that practised in the modern world. Each of them includes a set of guidelines outlining how we ought to and how should be our conducts. For instance, the Ten Commandments are a significant collection of guidelines that Catholics and adherents of other Christian religions must abide by. These commandments address significant issues like not killing, as well as other serious issues like not lying or acting ungratefully. While the purpose of these laws is to try to create a decent person, the ultimate goal is to appease a greater force; therefore, breaking these commandments may not ... Read More

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