https://www.taxtmi.com/caselaws?id=274298 An agreement granting a financial agent exclusive rights to collect and appropriate monies to satisfy advances creates an equitable charge over specified funds when it embodies the parties' intention and the company has acted under it; a mere irregularity in sealing does not defeat the substantive obligation where power to create the charge existed and the company manifested assent by conduct. An appellate objection that the document required registration and was not raised at trial cannot be entertained. The agreement is therefore binding and creates a valid equitable charge on the outstanding bills and realized monies. en-us Fri, 22 Nov 1929 00:00:00 +0530 Mon, 06 Aug 2018 12:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274298 An agreement granting a financial agent exclusive rights to collect and appropriate monies to satisfy advances creates an equitable charge over specified funds when it embodies the parties' intention and the company has acted under it; a mere irregularity in sealing does not defeat the substantive obligation where power to create the charge existed and the company manifested assent by conduct. An appellate objection that the document required registration and was not raised at trial cannot be entertained. The agreement is therefore binding and creates a valid equitable charge on the outstanding bills and realized monies. Case-Laws Indian Laws Fri, 22 Nov 1929 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274298