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THE INDIAN CONTRACT ACT, 1872 _____ ARRANGEMENT OF SECTIONS _____ SECTIONS PREAMBLE PRELIMINARY 1. Short title. Extent. Commencement. Saving. 2. Interpretation-clause. CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS 3. Communication, acceptance and revocation of proposals. 4. Communication when complete. 5.
The Indian Contract Act, 1872. भारतीय संविदा अधिनियम, 1872
Feb 13, 2020 · Indian Contract Act 1872. The Indian Contract Act is divisible into two parts. The first part (Section 1-75) deals with the general principles of the law of contract and therefore applies to all contracts irrespective of their nature.
The Indian Contract Act, 1872 [1] prescribes the law relating to contracts in India and is the key act regulating Indian contract law. The Act is based on the principles of English Common Law. It is applicable to all the states of India.
Full text containing the act, Indian Contract Act, 1872, with all the sections, schedules, short title, enactment date, and footnotes.
The Indian Contract Act, 1872 codifies the legal principles that govern such ‘contracts’. The Act basically identifies the ingredients of a legally enforceable valid contract in addition to dealing with certain special type of contractual relationships like indemnity, guarantee, bailment, pledge, quasi contracts, contingent contracts etc.
1. Short title . This Act may be called be the Indian Contract Act, 1872. Extent, commencement - It extends to the whole of except the State of Jammu and Kashmir; and it shall come into force on the first day of September, 1872.
