Case study on indian contract act

The Act has chapters that deal with authentication of electronic records, electronic signatures etc.

Sale of Goods Act, 1930 (Part I – Introduction)

When he came to know of the reward, which had been announced in his absence, he brought an action against he defendant to claim this reward. Agreements such as there were outside the realm of contract altogether. These postings resulted in annoying phone calls to the lady.

In order that a promise to pay for the past voluntary services is binding, the following essential factors must exist: He is convicted and sentenced for the offence as follows: Registrar said leave can be granted on the condition if you will not come in service after the end of leave.

A Muslim is required to maintain his other relations only if he has the means. These are implemented by big businesses or influential people where the weaker party has a very limited say in the formulation of contract.

Business & Industrial law

Since the Plaintiff had spent money for the construction of market, the defendants in consideration thereof, made a promise to pay the plaintiff commission on the articles sold through their defendant agency in that market. The case deals with the various developments that led to the break-up The future uncertain even is collateral to the main contract.

In such a case, it is immaterial that at the time of accepting the offer, the acceptor does not intend to claim the reward mentioned in the offer. The UCC regulates the transfer or sale of personal property.

There are three elements generally: This case is about posting obscene, defamatory and annoying message about a divorcee woman in the Yahoo message group.

The police said an email challenging the security agencies to prevent a terror attack was sent by one Shahab Md with an ID sh. Over three crore cases. If the third party is prevented in his valuation due to the buyer or the seller, the party not at fault can file a suit for damages against the party in fault.

Investigation revealed that he was a known family friend of the victim and was interested in marrying her. The most common remedy of these cases is, the violator would be asked to pay for all the damages caused as compensation. Gorie Mohamed In order to construct a town hall at howrah, the commissioner of Howrah Municipality started to obtain necessary fund by public subscription.

He was brought to Pune and detained for 50 days before it was discovered that the IP address provided by Airtel was erroneous.

Indian Contract Act, 1872: Top 10 Landmark Judgements of Law of Contracts

Discuss the essential elements of a valid contract? Section 10 makes it clear that if the third party appointed under the agreement to fix the price cannot or does not make such valuation, then the agreement to sell goods will become void.

Unilateral contract refers to those legal agreements where only one party promises a performance or a service to another while the other only accepts the offer. Under the equitable doctrine of restitution minor has to restore back the benefit so received by him the exact things but it is applicable in case of goods and property not in the case of money.

It is voidable under English Law, such contract can be declared void on the will of minor. Exceptions to the Liability There are certain exceptions granted to the principal from the acts done by his servant which comes under vicarious liability which include: The five essential features of a contract of sale are as discussed below: In case of guardian appointed by the court, the age shall be 21 years.

Thus, a contract consists of two elements:Article shared by. The law of contract in India is contained in the Indian Contract Act, It extends to the whole of India except the State of Jammu and Kashmir and came into force on the first day of September Page 1 In case of breach of contract, which of the following remedy is available to the aggrieved party?

(a) Suit for rescission. (b) Suit for damages. As per Section 2(h) of the Indian Contract Act,An agreement enforceable by law is a contract.

Wikipedia defines a contract as a legally binding agreement between 2 or more parties which, if it contains the elements of a valid legal agreement, is enforceable by law or by binding arbitration. Consideration in contract law is simply the exchange of one thing of value for another. It is one of the six elements that must be present for a contract to be enforceable.

Section 31 of Indian Contract Act defines that Contingent Contract according to it: “A contingent contract is a contract to do or not to do something, if some event, collateral to such contract does or does not happen.”.

A Study of Contract Labour Regulation and Abolition Act, In the present day world globalization is increasing at a very high pace and it is resulting in profit oriented economies which in turn leads to the promotion of contract labour.

Case study on indian contract act
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