Jurisindia

"Collection of positive approach of little little things can be a light your future dream". My name is Yadav Dinesh. I am pursuing my Law Graduation degree from United university Prayagraj. And This website is nothing but the outcome of several hours efforts which is positive and with some minor negative, as these 2 are parallel with each other, positive and negative feedback and work make life come true. This website Dealing with article and blogs relating Law education.

Kinds of Banking and their functions

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Kinds of Banks Mainly their are 4 types of Banks based on ownership. But there are many existence of different types of Banks According to their functionary mechanism such following banks mentioned below:- Kinds of banking Central Bank Commercial Banks The two primary characteristics of a commercial bank are lending and borrowing. It’s main aim … Read more

Arbitration agreement

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Section 7 Arbitration agreement Arbitration and conciliation act section 7(1) arbitration agreement In this Part, “arbitration agreement” means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not. Section 7(2) arbitration and … Read more

Insurance of fire and the Life

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Fire insurance Fire insurance is an agreement where by one party in return for a consideration undertake to indemnify the other party against the financial loss for the goods damaged or destroyed by means of fire. Characteristics of fire insurance’s Contract of indemnity Offer and acceptance Lawful consideration Period of insurance Cause of accident Scope … Read more

Banker and Customer relationship

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How the Banker and Customer relationship exist ? The legal relationship exist between Banker and customers as through various activities and service such as:- General relationship between Banker and customers Creditor- debitor Trustee- beneficiary relationship Principle – agent Leasor – leasee Pledger-pledge Contract of indemnity Hypothecation All above mentioned are the contracts between banker and … Read more

Conciliation, section 61 to 81 arbitration and conciliation act 1996

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The arbitration and conciliation act 1996, section 61 to 81 Part III of this act, deals with the conciliation. Conciliation is forum to settle the dispute by the parties itself through a conciliator. Meaning of Conciliation Conciliation, is alternate dispute method that allows 2 parties to present there sides to a neutral 3rd party “the … Read more