To call a contract valid, the parties must consent to it freely and voluntarily. The principle of consensus-ad-idem is followed meaning the contracting parties must…
View More Free Consent under the Indian Contract Act, 1872: Everything you need to knowCategory: Contract Law
ACCEPTANCE AND MODES OF ACCEPTANCE UNDER INDIAN CONTRACT ACT 1872
The primary legislation that governs the various aspects of the formation, acceptance, revocation or performance of contracts is the ‘Indian Contract Act 1872’. For a…
View More ACCEPTANCE AND MODES OF ACCEPTANCE UNDER INDIAN CONTRACT ACT 1872What is Communication & modes of Communication under the Indian Contract Act?
According to Section 2(h) of the Indian Contract Act 1872, An agreement enforceable by law is a contract. Before a contract comes into existence promisor…
View More What is Communication & modes of Communication under the Indian Contract Act?Definition, Essentials and Duties of Bailor and Bailee under the Indian Contract Act, 1872
Bailment in simple words means delivering goods to a particular person without transfer of ownership. It is a technical word or term in common law…
View More Definition, Essentials and Duties of Bailor and Bailee under the Indian Contract Act, 1872Reciprocal Promises under the Indian Contract Act, 1872: Everything you need to know (Section 51 to 57)
Under the contract act when the proposal is accepted it is known as a promise. The reciprocal promise means promises which form the consideration or…
View More Reciprocal Promises under the Indian Contract Act, 1872: Everything you need to know (Section 51 to 57)Difference between Fraud and Misrepresentation under Indian Contract Act, 1872
In our daily lives, we use the term fraud to refer someone who intended to deceive others, in legal terms section 17 of the Indian…
View More Difference between Fraud and Misrepresentation under Indian Contract Act, 1872Who are Competent to Contract under Indian Contract, 1872? (Section 11)
‘Competent’ as defined in English dictionaries means having the ability or skill needed for something. Section 11 of Indian Contract Act states “Every person is…
View More Who are Competent to Contract under Indian Contract, 1872? (Section 11)What agreements are contracts? (Section 10 of the Indian Contract Act, 1872)
An agreement simply defined by the Indian Contract Act[i] refers to every set of promises that act as consideration towards each other. If we break…
View More What agreements are contracts? (Section 10 of the Indian Contract Act, 1872)Revocation of Proposals and Acceptance: How Revocation is made? (Section 5 & 6 of Indian Contract Act, 1857)
The Indian Contract Act defines Contracts as an agreement enforceable by law. If we deconstruct the term agreement, it necessarily involves free consent of…
View More Revocation of Proposals and Acceptance: How Revocation is made? (Section 5 & 6 of Indian Contract Act, 1857)Parties to Contract & Their Obligation under the Indian Contracts Act, 1872
What are the parties to contract? Every contract must have at least two parties to a contract i.e. offeror and acceptor, also referred to as…
View More Parties to Contract & Their Obligation under the Indian Contracts Act, 1872How delivery to bailee is made under the Indian Contract Act, 1872
Bailment implies a sort of relationship in which the personal property of one person temporarily goes into the possession of another in return of fulfilment…
View More How delivery to bailee is made under the Indian Contract Act, 1872Difference between Coercion and Undue Influence under Indian Contract Act, 1872
Free consent has been given great importance in the law of contract as it signifies the will and meeting of minds of the parties entering…
View More Difference between Coercion and Undue Influence under Indian Contract Act, 1872