Forums
Corporate & Other Laws
A relation with friends is also fiduciary right .there are chances to dominate
Answers (11)
Normally, not. For fiduciary relationship to be presupposed, at the outset of relationship it is known who may dominate the will. Example father in case of Father-son, Solicitor in case of solicitor-client etc. In case of friend-friend, you can't say that.
Sahibdeep Singh
Normally, not. For fiduciary relationship to be presupposed, at the outset of relationship it is known who may dominate the will. Example father in case of Father-son, Solicitor in case of solicitor-client etc. In case of friend-friend, you can't say that.
Sir but fiduciary relationship mean relationship of trust and confidence exist between parties But In case of friends why their Is no relationships sir??
sai t
Sir but fiduciary relationship mean relationship of trust and confidence exist between parties But In case of friends why their Is no relationships sir??
Why their no such relationship between friends sir??
Sahibdeep Singh
Normally, not. For fiduciary relationship to be presupposed, at the outset of relationship it is known who may dominate the will. Example father in case of Father-son, Solicitor in case of solicitor-client etc. In case of friend-friend, you can't say that.
Sir is their any what's app group available for CA foundation students sir if their is can u please share the link sir
sai t
Sir but fiduciary relationship mean relationship of trust and confidence exist between parties But In case of friends why their Is no relationships sir??
Think from a law perspective. Assuming a fiduciary relationship between friends will bring so many contracts, under the ambit of undue influence. So, we can't generalise. There has to be something more than mere friendship and it will depend on the circumstances of case.
Sahibdeep Singh
Think from a law perspective. Assuming a fiduciary relationship between friends will bring so many contracts, under the ambit of undue influence. So, we can't generalise. There has to be something more than mere friendship and it will depend on the circumstances of case.
Yes sir their can taken advantage by the person on his friend now the but in some cases it can also be unlawful sir because their can be chanses of stifling prosecution also sir concept is clearly understood sir thank you