K. Adhitya, VIT Chennai
ABSTRACT
The Doctrine of Antecedent Debts is a fundamental legal principle that ensures stability and fairness in contractual relationships. It has evolved over time, drawing influences from various legal systems. The doctrine's core principles of non-retroactivity and creditor protection are essential worldwide and this doctrine has also influenced the modern legal system, however, there are a few limitations and situations where this doctrine cannot be applied. As legal systems develop, the doctrine adapts to changing dynamics, safeguarding the rights, and obligations of the people who are not liable to pay a certain sum of money and don’t have to pay the money and also safeguards the rights and obligation of people who should get their sum of money. Overall, it maintains a balance between legal certainty and fair treatment, fostering stability in contractual relationships.
Keywords: Incurred debt, antecedent, pious obligation, antecedent, creditor, moral, and immoral debts.
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