Search results
Sep 24, 2012 · The Indian Contract Act 1872 establishes the framework for contracts in India. It aims to ensure that rights and obligations from contracts are upheld and legal remedies are available for breaches. The Act applies across India except Jammu and Kashmir.
Jun 14, 2019 · INDIAN CONTRACT ACT, 1872 • Enacted by: Parliament of India • Date enacted: 25 April 1872 • Date commenced: 1 September 1872 • Total sections: 238 • Extent: All States of India except the State of Jammu & Kashmir • The Indian Contract Act consists of the following two parts: Part 1: deals with the General Principles of Law of ...
Feb 18, 2015 · 1. The document defines key terms related to contracts such as agreement, consideration, promise, consensus, offer, acceptance and revocation. It also outlines the essential elements of a valid contract including offer and acceptance, lawful consideration, capacity to contract, free consent and legality of object. 2.
At present the Indian Contract Act may be divided into two parts: •Part 1: deals with the General Principles of Law of Contract Sections 1 to 75 •Part 2: deals with Special kinds of Contracts
Topic of this presentation is Indian Contract Act. Nehal A / Delhi. 1 year of teaching experience. Qualification: M.A (Amity University, Uttar Pradesh - 2015), B.B.A (Maharshi Dayanand University , Rohtak - 2013) Teaches: Economics. Contact this Tutor. Indian Contract Act 1872 Dr. Ritu Arora (Associate Professor)
Mar 25, 2019 · Indian Contract Act 1872 Contract - Agreement between 2 or more persons which law will Enforce. Essentials: 2 or more parties Offer and Acceptance – one has to offer and other has to Accept Identity of Minds – Agreed upon the Subject Matter
People also ask
What is Indian Contract Act?
What is Indian Contract Act 1872?
What are the basic principles of contract law in India?
What is a contract in law?
Indian Contract Act,1872 The Law of Contract is applicable not only to Business Community but also to others in the day-to-day transactions. On day to day basis we enter into contracts whether express or implied without even realising about it.