Remedies Available For Breach Of Contract Under The Indian Contract Act 1872 Essays and Term Papers

  • A] Indian Contract Act, 1872

    A] Indian Contract Act, 1872 The Contract Act serves as a Mother Act. The Contract Act has a direct link with most other Acts. Whenever two or more people want to establish a relation between/amongst them, there is a need for a contract: Sale of Goods Act (buyer-seller relation), Partnership Act (principal-agent...

    378 Words | 2 Pages

  • Indian Contract Act, 1872

    Introduction to Indian Contract Act Definition of a Contract :- Sec. 2(h) of the Act defines the term contract as "An agreement enforceable by law is a contract”. Flow of the definition :- Contract Agreement Promise Accepted proposal Proposal/offer Contract as defined...

    7396 Words | 37 Pages

  • Describe The Remedies Available For Breach of Contract

    Describe the remedies available for breach of contract When signing a contract not only are you agreeing to the terms of this contract you are agreeing to the consequences if breach the contract. There are many remedies available if one of the party’s breaches the contract and if the party who breached...

    555 Words | 2 Pages

  • Indian Contract Act 1872

    Indian Contract Act 1872 Indian Contract Act 1872 is the main source of law regulating contracts in Indian law, as subsequently amended. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday...

    2493 Words | 8 Pages

  • The Indian Contract Act, 1872

    The Indian Contract Act, 1872 Contract – Meaning and Nature: The law of contract constitute the most important branch of mercantile or commercial law. The law relating to contracts is governed by the Indian Contract Act, 1872. This act mostly deals with general principle and rules governing contracts...

    368 Words | 2 Pages

  • Cases of Indian Contract Act 1872

    its product according to the instructions provided with it. “ | £100[1] reward will be paid by the Carbolic Smoke Ball Company to any person who contracts the increasing epidemic influenza colds, or any disease caused by taking cold, after having used the ball three times daily for two weeks, according...

    5473 Words | 21 Pages

  • Remedies for Breach of Contract

    Chapter 18: Remedies for Breach of Contract Election to discharge: self-help remedy Types of Judicial Remedies • Common law remedy of damages • Common law remedy of an action for a fixed sum • Equitable remedy of specific performance • Equitable remedy of injunction Limitation Act • Judicial...

    2888 Words | 10 Pages

  • Breach of Contract and Remedies

    Forms of breach of contract and the remedies that can be used. Table of contents: Introduction Contracts as a whole Forms of breach of contracts Remedies Introduction: As long as human kind can remember contracts has been in the existence. Goods were exchanged in order to survive...

    1327 Words | 5 Pages

  • Remedies of contract breach

    Group A8 group memebers: Question 1 HowCan Pte Ltd enters into a contract of sale with Panda Ltd in China for the sale of perishable goods, F.O.B (free on board: i.e. buyer has to make the shipping and other arrangements). Howcan Pte Ltd then gets SureCan Pte Ltd to transport perishable...

    5712 Words | 17 Pages

  • Breach of Contract Remedies

    Breach of Contract & Remedies 1 Breach of contract Nature of breach A breach of contract occurs where a party to a contract fails to perform, precisely and exactly, his obligations under the contract. This can take various forms for example, the failure to supply goods or perform a service as agreed...

    1740 Words | 6 Pages

  • Minor’s Contract? a Critical Analysis of the Indian Contract Act, 1872

    MINOR’S CONTRACT? A CRITICAL ANALYSIS of the Indian Contract Act, 1872 [pic] SUBMITTED BY Zoldrex2 2011 INDEX |S. No. |Particulars |Pg No. ...

    10824 Words | 36 Pages

  • Remedies for Breach of Contract

    REMEDIES FOR BREACH OF CONTRACT Failure of buyer to take delivery Section 44 states that, when the seller is ready and willing to deliver the goods and requests the buyer to take delivery, and the buyer does not, within a reasonable time after such request, take delivery of the goods, he is liable...

    613 Words | 2 Pages

  • The Contract Act 1872

    BASIC Bank Limited Head Office, Dhaka. THE CONTRACT ACT, 1872 Md. Hasan Imam Manager Board Division Introduction: The law of contract is the foundation upon which the superstructure of modern business is built. It is frequent that in business transactions quite often promises are made...

    2392 Words | 11 Pages

  • Contract Act 1872

    Of Business – Indian Contracts Act 1872 Indian Contract Act 1872 is the main source of law regulating contracts in Indian law. Citation Act No. 9 of 1872 Enacted by Parliament of India Date enacted 25 April 1872 Date commenced 1 September 1872 The law relating to contracts in India is contained...

    3474 Words | 10 Pages

  • Unconscionable Bargains Under the Indian Contract Act

    CONTRACTS ASSIGNMENT UNCONSCIONABLE BARGAINS SUBMITTED BY: KARAN SHANKAR IV Semester, SVKM’s Pravin Gandhi College Of Law, Mumbai 01 Index of authorities 03 02 Introduction 05 03 ...

    3249 Words | 11 Pages

  • The Contract Act 1872

    Chapter-1: The Contract Act 1872 The Law of Contracts is that branch of Law which determines the circumstances in which promises made by the parties to a contract shall be legally binding on them. The purpose of the Law of Contract is to ensure the realisation of the reasonable expectation of the...

    1143 Words | 6 Pages

  • Remedies - Contracts Act 1950

    REMEDIES • method by which an injured party enforces a right or corrects a loss. It will depend on the nature of breach and the result will be differ between parties. The remedies available for breach of contract are: 1) RESCISSION • An equitable remedy available at the discretion...

    1717 Words | 6 Pages

  • Critique on “Damages” as a Remedy for Breach of Contract Under Indian, American, English and Chinese Law.

    Critique on “Damages” as a remedy for breach of contract under Indian, American, English and Chinese law. Project: Law of Contracts [pic] |Submitted to: |Submitted by: | |Prof (Dr.) Amar...

    8885 Words | 26 Pages

  • Termination, Breach & Remedies of Contract in Nepal

    termination of contract and remedies available for breach of contract. Further, discuss the most appropriate remedy (in your opinion) for breach of contract in a market economy. Grounds of Termination of Contract: Termination of a contract takes place when the parties to the contract are released from...

    1243 Words | 4 Pages

  • Rightful Payment Under S. 145 of the Indian Contract Act, 1872; Dimensions and Nuances

    INTRODUCTION Sec. 145 of Indian Contract Act, 1872 deals with the recovery of the sum of money rightfully paid by the surety. The sum assured by the surety to the creditor being paid is divided into two categories: rightfully paid and wrongfully paid. For example, as per illustration(a) given with...

    1551 Words | 4 Pages