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Indian Contract Act

Termination of Offer

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Termination of Offer The party who makes the offer is known as the offeror, and the party who accepts the offer is known as the offeree. Termination of offer is where the offer is terminated before the other side(offeree) has the opportunity to […]

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Indian Contract Act

Communication of an Offer (S. 3 and 4)

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Communication of Offer A proposal is main ingredient of a valid contract. The term “proposal” of the Indian Contract Act is synonymous to the term “Offer” in English law. Section 2(a)of the Indian Contract Act, 1872 defines proposal as “when one person signifies […]

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Indian Contract Act

Acceptance Ss. 2(b), 7, 8

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Acceptance In contract proposal and acceptance of proposal are important ingredient. In last few articles, we have discussed, proposal, types of proposal, revocation of proposal. In this article, we shall discuss another important ingredient of contract that is acceptance in details. Section 2(h) […]