Contract law

CONTRACTUAL RELATIONSHIPS

The Indian Contract Act, an important legislation governing contractual relationships in India, encompasses various provisions that recognize certain relations resembling those created by contract. These provisions offer legal recognition and protection to...

AGREEMENT WITHOUT CONSIDERATION IS VOID (SECTION 25)

SECTION 25 -  Agreement  Without Consideration Void Unless It Is In Writing And Registered,  Or Is A Promise To Compensate For Something Done, Or Is A Promise To Pay A Debt Barred By Limitation Law. Section 25 of the Indian Contract Act, 1872, deals with agreements...

WHO ARE COMPETENT TO  CONTRACT  (SECTION 11)

In the realm of contract law, the Indian Contract Act, 1872, plays a vital role in defining the rights and obligations of parties entering into an agreement. Section 11 of the Act sheds light on the concept of competency to contract.  Section 11 of the Indian Contract...

 PERFORMANCE OF CONTRACT

Contracts play a vital role in commercial transactions and serve as a legal framework for parties involved to fulfil their obligations. In India, the performance of contracts is regulated by the Indian Contract Act, 1872.  Definition of Contract Performance: Under the...

CONTRACTS WHICH NEED NOT TO BE PERFORMED 

Contracts play a vital role in our daily lives, and it's essential to be aware of the various provisions under the Indian Contract Act.  SECTION 62  (Effect of Novation, Rescission, and Alteration of Contract) :  This section states that if a contract is altered,...