CHANGING FACADE OF CONTRACTS IN THE MARITIME INDUSTRY
Keywords:
Marine Contracts, Maritime Law, Admiralty ContractsAbstract
Open vessels and high seas have been the essence of history. The sailors went out in search of habitation, spices, culture in ever long rides to discover the undiscovered. Even in the 21st century the major trade practices take place by seas. This makes it very important to have concurring rules for the safety of the carriages and the trades of the sea. Under Indian law, when in doubt of authoritative development, an endeavour should be made to accommodate the pertinent terms of an agreement if conceivable and not treat any contract as inactive surplusage. Indian courts host held that if a get-together tries to summon an end condition in the agreement, it is officeholder upon the party to rigorously follow the procedural necessities specified in the agreement to impact a legitimate end.
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