Adv Ch Shahid Bhalli

What are the Five 5 Principles of Equity as Per Law

As per Lawkidunya, here below the Five 5 Principles of Equity as Per Law

The Principle of Fairness: This principle holds that equity aims to ensure that the law is fair and just, and that it is applied consistently and objectively.

The Principle of Natural Justice: This principle holds that parties to a legal dispute should have the opportunity to be heard and to present their case before a decision is made.

The Principle of Proportionality: This principle holds that the remedies provided by equity should be proportional to the harm that has been suffered, and that they should not be overly burdensome or disproportionate to the circumstances of the case.

The Principle of Trust: This principle holds that equity is concerned with the protection and enforcement of trusts, which are legal relationships in which one person holds property for the benefit of another.

The Principle of Specific Performance: This principle holds that a court of equity may order a person to specifically perform their obligations under a contract, rather than simply awarding damages, if damages would not be an adequate remedy.

These are the five principles of equity that are most commonly recognized and applied in legal systems around the world. They are based on the principles of fairness, justice, and proportionality, and they help to ensure that the legal system is able to adapt to the changing needs of society and to provide remedies that are tailored to the specific circumstances of each case.

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