11 Sep
2006
11 Sep
'06
9:43 a.m.
On 10-Sep-06, at 8:01 PM, Saswata Banerjee & Associates wrote:
There is a doctrin in contract act that says that a promise made can be enforced even without consideration if the person to whom the promise is made has acted in good faith and made a financial commitment. If you give a license to the association and they build a stadium, you will have to compensate them if you withdraw the license before the period promised in the license.
for a lease, yes - license no
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regards
Kenneth Gonsalves
Associate, NRC-FOSS
lawgon@au-kbc.org
http://nrcfosshelpline.in/web/