SU LMS

In Law, the term "Equity" refers to a particular set of remedies and associated procedures involved with civil law. These equitable doctrines and procedures are distinguished from "legal" ones. While legal remedies typically involve monetary damages, equitable relief typically refers to injunctions, specific performance or vacatur. A court will typically award equitable remedies when a legal remedy is insufficient or inadequate. For example, a court will typically award equitable relief for a claim which involves a particular or unique piece of real estate or if the plaintiff requests specific performance. Origin of equity was the chancery court in England of which discussed in detail in the lesson of week one.

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