Categories
Indian Contract Act

Communication of Acceptance (S. 3 and S. 4)

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Communication of 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 the communication of acceptance. Section 2(h) of the Indian Contract […]

Categories
Indian Contract Act

Revocation of Offer (Ss. 3, 5, and 6)

Indian Legal System > Civil Laws > Indian Contract Act, 1872 > Revocation 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 […]

Categories
Indian Contract Act

The Indian Contract Act – 1872: Introduction

Law > Civil Laws > Indian Contract Act, 1872 > Introduction Prior to the Indian Contract Act, English law of the contract was followed in India. The extent of modifications made in the Act as per the Indian conditions and its adaptability to the Indian economy. Before the act was enacted , the contractual relationship […]