43. அறிவுடைமை | The Possession of Knowledge - TNPSC
5 ஜூலை, 2024
Personal Laws are a set of laws that regulate and control relationships between two people or more people as a result of certain factors. The factors include marriage, affinity, and blood. Personal Laws govern and regulate matters or aspects of the personal sphere including marriage, divorce, maintenance, succession, minority, guardianship, etc.
(Source – chambersofsalmankhurshid) |
Based on religion, belief, and culture, personal rules may apply to a certain class of people, group of people, or individual. These can be categorised under "family law" in broad. Hindus, Muslims, Christians, Sikhs, and Parsis are currently all subject to their respective sets of personal laws in India. Personal rules, including those governing marriage, have been codified in a variety of laws that are applicable to followers of many religions.
Some of other key Personal Laws in India:
A decision has been made to establish 1,100 New Farmer Producer Organisations (FPOs) in the Cooperative Sector in order to accomplish Prime Minister Narendra Modi's vision of "Sahkar se Samriddhi".
According to a statement from the ministry of cooperation, the National Cooperative Development Corporation (NCDC) has been given these additional 1100 FPOs under the FPOs' Scheme. Each FPO is given financial support under the FPO Scheme in the amount of 33 lakh rupees. The Cluster Based Business Organisations are also given financial support in the amount of 25 lakh rupees each FPO.The Primary Agricultural Credit Societies, which are largely involved in short-term credit and the distribution of seeds and fertiliser, will now be able to engage in various economic activities, including high income-generating ones like beekeeping and mushroom cultivation, the Ministry stated. By establishing the essential market linkages for farmers, this project will guarantee that they receive fair pricing for their produce.
In order to create a valid contract, there must be an offer. Where one party makes an offer and the another party must accept it, and the consideration must be exchanged. Therefore, the proposal or offer must be accepted to enter into an agreement.
One who makes an offer is called as "offerer/promisor" and who accepts or receives it is called as "offeree/promisee."
Aspect | Contract | Agreement |
---|---|---|
Definition | A legally binding agreement enforceable by law. | A mutual understanding or arrangement between two or more parties. |
Essential Elements | Offer, acceptance, consideration, intention to create legal relations, and capacity of the parties. | Offer and acceptance. |
Consideration | There must be consideration while forming the contract. | Agreements can be formed without consideration. |
Defined under | Section 2 (h) of the Indian Contract Act, 1872. | Section 2 (e) of the Indian Contract Act, 1872. |
Enforceability |
Legally enforceable by the parties involved. | May or may not be legally enforceable. |
Legal Obligations |
Creates legal obligations between the parties. | May or may not create legal obligations, depending on the intention. |
Nature of Parties |
Parties can be individuals, companies, or entities. | Parties can be individuals, companies or entities. |
Legal Consequences | Breach of contract may lead to legal remedies or damages. | Breach of agreement may not have the same legal consequences as a contract |
Written/Formal Requirement | Some contracts must be in writing and comply with specific formalities. | Agreements can be oral or written, and formalities may not be necessary. |
Registration | Some contracts require registration, e.g., sale of immovable property | Agreements generally do not requure registration. |
Mutual Consent |
Requires mutual consent of the parties involved. | Requires mutual consent of the parties involved. |
Intention to be Legal | Must have an intention to create legal relations. | May or may not have an intention to create legal relations. |
Initially, there are two components which form the basis of a contract. They are,
A contract is an agreement between parties that creates mutual obligations that are enforceable by law. It is a binding agreement between two or more parties.It can also be described as "a set of enforceable promises, either written or oral."
For example,
1) When we buy a product at a store, we are entering into an agreement to purchase whatever it is we are purchasing.
2) When we get a new job, we sign an employment agreement to start work.