Legal Insights

Lapse: Protecting Your Rights and Benefits in Contracts

Lapse is a crucial concept in contract law that primarily refers to the cessation or stoppage of rights, benefits, or obligations arising from a contract due to inactivity or a failure to fulfill the terms stipulated within the agreement.

Understanding Expropriation: Rights, Risks, and Remedies in India

Expropriation refers to the process by which a government takes private property for public use. This legal construct allows authorities to acquire land or assets from individuals, typically under the premise of serving the greater good.