The Air (Prevention and Control of Pollution) Act, 1981
Industrialization and urbanization have resulted in a profound deterioration of India’s air quality. Of the 3 million premature deaths in the world that occur each year due to outdoor and indoor air...
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Types of Damages under Section 73 of the Indian Contract Act, 1872
The Indian Contract Act, 1872 does not define the term ‘’ damages.’’ However, commonly, it means an award of money to be paid to a non-defaulting party by a defaulting party as compensation fo...
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Free Consent Under the Indian Contract Act, 1872
In order for a valid contract to persist, it is essential to ensure the free consent of the parties. There is a concept of consensus-ad-idem which implies that the parties entering into the contract m...
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CIRCUMSTANCES LEADING TO LAPSE OF AN OFFER
INTRODUCTION TO LAPSE OF AN OFFER A contract is formed between two parties when one party makes an offer to another with the intent of obtaining the other party's approval to the offer. Once the ...
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Void Agreements
The law relating to contracts in India is governed by The Indian Contract Act, 1872. However the Contract Act does not purport to codify the entire law relating to contracts, the Act also specifically...
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Offer and Acceptance
Contracts play a vital role in our everyday life ranging from employment contracts to insurance policies. In Fact, we enter into contracts even without thinking, for example, while downloading an appl...
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Communication of Proposal
Indian Contract law occupies the most important place in commercial law. Without the law on contracts, it would have been difficult to exercise a trade or any other commercial activity. It is not only...
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Reciprocal Promise
I. WHAT IS RECIPROCAL PROMISE- AS PER INDIAN CONTRACT ACT,1872 In order to understand the Reciprocal Promise meaning, we must to first comprehend the definitions of proposal, promise, consideration...
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TYPES OF OFFER UNDER INDIAN CONTRACT ACT, 1872
I. MEANING OF OFFER OR PROPOSAL UNDER INDIAN CONTRACT ACT, 1872 Under Indian Contract Act, 1872 the term ‘Offer’ and ‘Proposal’ is used interchangeably. An offer and its acceptance is the ...
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