Beruflich Dokumente
Kultur Dokumente
Term-II
Course on
Business Law
By
Dr. Narendra Y Phadnis
Professor-HRM & Law
IMT-Nagpur
Ignorantia Juris non execusat
‘Ignorance of Law is No Excuse’
In Personam (i.e. as against specific person (s) or parties) & not in rem
(i.e. not against the whole world).
By & Large Third parties & Strangers are not bound by the terms of
contract. (No Rights- No obligations).