Equity, Maxims Of

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Meaning of Equity, Maxims Of

Originally, there were no strict or recognized principles of equity prevailing in Courts of Equity, and each chancellor dispensed justice according to his own opinion of the matter leading to the saying that equity followed the foot of the Chancellor. However, in course of time, certain well recognized doctrines came to be developed and enforced in Courts of chancery . Some of these doctrines or maxims are: equity acts in personam, allowing the granting of judgment for specific performance , orders of injunction , etc; equity looks to the intent rather than the form; equity looks on that as done which ought to be done; he who comes to equity must come with clean hands ; he who seeks equity must do equity; where equities are equal , the law will prevail; equitable remedies are Discretionary .

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Equity, Maxims Of in Historical Law

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