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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 […]

Categories
Indian Contract Act

Proposal or Offer

Law > Civil Laws > Indian Contract Act, 1872 > Proposal or Offer In contract proposal and acceptance of proposal are important ingredient. In this article, we shall discuss proposal in details. Section 2(h) of the Indian Contract Act , 1872, defines the term ‘Contract’ as “An agreement enforceable by law is a contract.” Section […]