• Contract
    understand by breach of contract? Explain in detail the various remedies that are available for a breach of contract. 8. Analyse the definition of contract under the Indian Contract Act, 1872. What is the difference between a void agreement and void contract? During the rainy reasons when dengue was...
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  • I.C and E.C comparision
    that of damages is available. Breach of Contract occurs when a party refuses to perform his liability under it, or by his own act makes it impossible that he should perform his duties under it or totally or partially fails to perform such duties. The party who is injured by the breach of contract may...
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  • marketing
    breach of contract is made by the other party to the contract. (c) All the parties may mutually agree to bring the contract to an end. 23 IDEAL / CPT / MERCANTILE LAW / THE INDIAN CONTRACT ACT, 1872   Waiver Merger 55 56 Waiver means intentional relinquishment of a right...
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  • Legal Asspect of Business
    remedies for breach of contract under Sale of Goods Act, 1930. Ans: A contract is comprised a reciprocal promises. In a contract of sale, if seller is under as obligation to deliver goods, buyers has to pay for it. In case buyer fails or refuse to pay, the seller shall have certain rights...
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  • Contracts
    Relief Act, 1963 and The Indian Contract Act, 1872. Suit for Damages:- The word ‘damages’ means monetary compensation for the loss suffered. Whenever a breach of contract takes place, the remedy of ‘damages’ is the one that comes to mind immediately as the consequence of breach. The aggrieved party...
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  • mercantile laws
    © The Institute of Chartered Accountants of India 9 THE INDIAN CONTRACT ACT, 1872  Example: When a grocer sells a sugar on cash payment it is an executed contract because both the parties have done what they were to do under the contract. 11.  Executory Contract: It is so called because...
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  • 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...
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  • Lam Project
    * Legal remedies for contract breach by any party Indian Contract Act of 1872 is the law which governs Contract disputes in India. In all contracts, whether commercial or construction contracts, breach often occurs due to failure of one contracting party to fulfil its contractual obligations...
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  • Case on Law of Quantum Meruit
    under Para 5 of the special instructions and since he did the work without fulfilling these requirements he is not entitled to claim any amounts at a higher rate for extra work done. Sections/Acts Sec 73 Indian Contract Act, 1872: Compensation for loss or damage caused by breach of contract...
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  • Insurance
    governed by Indian Contract Act, 1872 – Section 10 • Offer and acceptance • Competency of parties :Section 11  Major according to the law to which he is subject,  Sound mind ,  Not disqualified from contracting by any law to which he is subject. • Free Consent : Section 14 - Not caused by...
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  • Mb0051
    remedies are available to a seller for breach of contract of sale? Remedies available to the seller: In case of breach of the contract of sale of goods where the seller is the aggrieved party he has the following remedies: Suit for price: 1) Where under a contract of sale, the property in the...
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    : Contract Law (Part I) : The Indian Contract Act, 1872 – the methods of wealth creation ; the Romal Law concept of contract: ‘consensus ad idem’, ‘aggregio mentium’ ; what is a contract? ; the essential elements of a valid legal contract (Ss. 2(h) and 10) ; legal steps in the formation of a...
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  • Dsddf
    , by an agreement, created legal rights and obligations, which are purely personal in their nature and are only enforceable by action against the party in default. Section 2(h) of the Indian Contract Act, 1872 defines a contract as "An agreement enforceable by law". The word 'agreement' has been...
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  • Indian contract act Notes
     Chapter 2 : The Indian Contract Act 1872 Definition Sir Frederic Pollock - “Every agreement and promise enforceable at law” According to Sec 2(h) “An agreement enforceable by law Agreement – Every promises and set of promises forming consideration for each other. Essential Elements of...
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  • Contract Law
    (Ramchandra v. Bank of Kohlapur, 1952 Bom. 715). It may be pointed out that coercion may proceed from any person and may be directed agains't any person, even a stranger and also against goods, e.g., by unlawful detention of goods. (vi) Undue Influence Under Section 16 of the Indian Contract Act, 1872...
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  • Law : Basis of Indian Law
    A SMALL NOTE ON LAW OF CONTRACTS. The Essentials of The Indian Contract Act, 1872 Law of Contracts is the most important branch of Mercantile Law without which it would be difficult to carry on any trade or business in a smooth manner. Further, in the course of the discussion that follows...
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  • Intelligence
    defined as “every promise and every set of promises, forming consideration for each other.” * A proposal when accepted becomes a promise. Agreement = Offer + Acceptance INDIAN CONTRACT ACT 1872 The law of contract in India is contained in the Indian contract act, 1872...
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  • Contract law
    . (vi) Undue Influence Under Section 16 of the Indian Contract Act, 1872, a contract is said to be produced by undue influence "where the relations subsisting between the parties are such that one of the parties is in a position to dominate the will of the other and uses that position to obtain an...
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  • sale of good act
    thereof under a contract voidable under section 19 or section 19A of the Indian Contract Act, 1872 (9 of 1972 ), but the contract has not been rescinded at the time of the sale, the buyer acquires a good title to the goods, provided he buys them in good faith and without notice of the seller' s...
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  • Bbaro
    , consideration, privity of contract and lawful object.  Discharge of contract.  Remedies for breach of a contract. 1.1 Indian Contract Act1872 1.1.1 Law – Its origin Every human being would like to have his own way to express himself and act. Such an unrestricted freedom can be enjoyed only in...
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