Category Archives: Indian Contract Act

Reimbursement of person paying money due by another, in payment of which he is interested – Obligation of person enjoying benefit of non-gratuitous

Indian Contract Act – CHAPTER V. OF CERTAIN RELATIONS RESEMBLING THOSE CREATED BY CONTRACT Section 68. Claim for necessaries supplied to person incapable of contracting, or on his account. If a person, incapable of entering into a contract, or any one whom he is legally bound to support, is supplied by another, person with necessaries… Read More »

Indian Contract Act – Obligation of parties to contracts – Effect of refusal to accept offer of performance

Indian Contract Act – CHAPTER IV. OF THE PERFORMANCE OF CONTRACTS Section 37. Obligation of parties to contracts The parties to a: contract must either perform, or offer to perform, their respective promises, unless such performance’ is dispensed with or excused under the provisions of this Act, or of any other law. Promises bind the… Read More »

Indian Contract Act – Compensation for loss or damage caused by breach of contract – Compensation for failure to discharge obligation resembling those created by contract

Indian Contract Act – CHAPTER VI. OF THE CONSEQUENCES OF BREACH OF CONTRACT Section 73. Compensation for loss or damage caused by breach of contract When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract, compensation for any loss or… Read More »

Indian Contract Act – of contracts, voidable contracts and void agreements

Indian Contract Act – CHAPTER II OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTS Section 10 . What agreements are contracts All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void…. Read More »