Contract Law

Contract Chaos Across Borders โš–๏ธ


Listen Later

๐Ÿ›๏ธ The Contract Word That Changes Everything

๐ŸŒŸ Imagine signing a contract thinking you're protected from natural disasters, only to discover that the same 'indemnity' clause means something completely different in another country. Welcome to the fascinating world of international contract law!

๐Ÿ’ก What You'll Discover:

  • ๐Ÿ” Why Section 124 of Indian Contract Act requires 'human agency' while English law doesn't care
  • โš–๏ธ The shocking difference between Indian 'contingent contracts' and English 'indemnity promises'
  • ๐ŸŽฏ How multinational companies navigate these legal landmines in international deals
  • ๐Ÿ’ฐ Strategic opportunities hidden in these cross-border legal differences

๐Ÿš€ Real Cases Discussed:

  • ๐Ÿ’Ž Secretary of State vs. Bank of India Limited - How a forged note created 'implied indemnity' liability
  • โญ Dugdale vs. Lovering - The English case that shows how simple agreements become binding promises

๐ŸŽฏ Business Impact Revealed:

  • ๐Ÿšจ Why your indemnity clause might not cover natural disasters in India
  • ๐Ÿ’ก How English law's broader approach can provide better protection
  • ๐Ÿ”ง Practical tips for drafting bulletproof international contracts
  • ๐Ÿ“ˆ How legal reform discussions in India might change everything

๐ŸŽ™๏ธ Perfect for business owners, legal professionals, or anyone curious about how the same legal word can mean completely different things across borders. You'll never look at contract clauses the same way again!

...more
View all episodesView all episodes
Download on the App Store

Contract LawBy Sharad Bansal