Revocation of Proposal and Offer| Free law notes

Introduction The Indian Contract Act determines under Section 2 the definition of the word “contract” (h). According to the section, ...
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Discharge of contract| Free Law Notes

Introduction The parties enter into a contract with their respective obligations to be performed. When the obligations are performed the ...
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DAMAGES- FREE CONTRACT LAW NOTES

DEFINITION: Damages are monetary compensation allowed to the injured party by the court for the loss or injury suffered by ...
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Remedies for the Breach of Contract:The Indian Contract Act 1872 Notes

Remedies for the Breach of Contract: Remedy means course of action available to an aggrieved party when other party breaches ...
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Discharge of a Contract: The Indian Contract Act Notes

Discharge of a contract means termination of contractual relation between the parties to a contract in other words a contract ...
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Quasi Contract & Its Types:- The Indian Contract Act Notes

QUASI CONTRACT[Contracts implied in law or implied contract] Quasi contract means a contract which lacks one or more of the ...
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Contract of guarantee:- The Indian Contract Act 1872 Notes

MEANING OF CERTAIN TERMS (Sec. 126) UNDER INDIAN CONTRACT Meaning of ‘contract of guarantee’A ‘contract of guarantee’ is a contract ...
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Contract of Indemnity- Indian Contract Law Notes

INTRODUCTION TO CONTRACT OF INDEMNITY Indemnity Meaning – To make good the loss incurred by another person To compensate the ...
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Contract of Bailment:- Contract Act Notes

MEANING OF CONTRACT OF BAILMENT (Sec. 148) A bailment is the delivery of goods by one person to another for ...
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PLEDGE-The Indian Contract Act 1872 Notes

MEANING OF ‘PLEDGE’, ‘PAWNOR’, ‘PAWNEE’(Sec.172) ‘Pledge’The bailment of goods as security for payment of a debt or performance of promise ...
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