Where There are Equal Equities The Law Shall Prevail/Maxims of Equity
Channel: KD Talks
Date: 2021-01-30

#Where There is Equal Equity The Law Shall Prevail
#Maxims of Equity
#KD CVAM
Where there are equal equities , the law shall prevail
#legal equities
#law of maxims

Equity will provide no specific remedies where the parties are equal, or where neither has been wronged. Thesignificance of this maxim is that applicants to the chancellors often did so because of the formal pleading of the lawcourts, and the lac+ of flexibility they offered to litigants. Law courts and legislature, as lawma+ers, through the limitsof the substantive law they had created, thus inculcated a certain status quo that affected private conduct, and privateordering of disputes. Equity, in theory, had the power to alter that status quo, ignoring the limits of legal relief, or legaldefenses. %ut courts of equity were hesitant to do so. This maxim reflects the hesitancy to upset the legal status quo./f in such a case, the law created no cause of action, equity would provide no reliefA if the law did provide relief, andthen the applicant would be obligated to bring a legal, rather than equitable action. This maxim overlaps with thepreviously mentioned Kequity follows the law.

Thanks for watching this video : Plz LIKE , SHARE and SUBSCRIBE

Regards

for the previous maxim 
https://www.youtube.com/playlist?list=PLZbE18PXSJn2sZg2ZZFRrZP1eEuRKFO

Evidence act,1872 playlist link
https://youtube.com/playlist?list=PLZbE18PXSJn1C3U3Y4ZRNR5wWAQdCgaM1

Playlist of Code of Criminal Procedure
https://youtube.com/playlist?list=PLZbE18PXSJn39KudqkEJz03XU01Y7_u6E

Plz find  the playlist of Law of maxims 
https://www.youtube.com/playlist?list=PLZbE18PXSJn2sZg2ZZFRrZP1eEuRKFOza