Law of contract ppt india

  • What are the objectives of law of contract in India?

    The objective of the Contract Act is to ensure that the rights and obligations arising out of a contract are honored and that legal remedies are made available to those who are affected.
    According to Indian Contract Act, 1872 Section 1, this Act may be called the Indian Contract Act, 1872..

  • What is law of agreement in India?

    An agreement is defined under Section 2(e) of the Indian Contract Act, 1872 (the Act).
    It states that “Every promise and every set of promises, forming the consideration for each other, is an agreement”.
    Thus, more than often, a valid agreement becomes a contract..

  • The Indian Contract Act, 1872 recognizes five kinds of special contracts, namely indemnity, guarantee, bailment, pledge and agency.
    Each of these categories of contracts has developed its jurisprudence.
    They are peculiar to one another and warrants individual discussion as has been done by this author.
  • The objective of the Contract Act is to ensure that the rights and obligations arising out of a contract are honored and that legal remedies are made available to those who are affected.
    According to Indian Contract Act, 1872 Section 1, this Act may be called the Indian Contract Act, 1872.

What are the parts of Indian Contract Act?

The Indian Contract Act consists off the following two parts: GENERAL PRINCIPALS OF THE LAW OF CONTRACT SPECIAL KINDS OF CONTRACTS SECTIONS 1 TO 75 OF THE INDIAN CONTRACT ACT, came into force on September 1, 1987 SECTIONS 124 TO 238 OF INDIAN CONTRACT ACT

4 What is a Contract? 1

What is the scope of agreements against public policy under Indian Contract Act?

The Indian Contract Act has tried to restrict the scope of agreements opposed to Public policy

The following heads usually cover the agreements/opposed to public policy: 1

Agreements for trading with enemy countries; 2

Agreements for stifling prosecutions 3

Agreements included under “Champerty and Maintenance” under the English Law

Law of contract ppt india
Law of contract ppt india
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