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...
Read MoreContracts 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...
Read MoreIndian 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...
Read MoreI. 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...
Read MoreI. 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 ...
Read MoreA contract to be lawfully enforceable should be valid. The Indian Contract Act, 1872 under section 10 provides the essential conditions that are to be complied with for a valid contract. They are the ...
Read MoreHISTORY BEHIND LANDMARK CASE OF SHREYA SINGHAL VS UNION OF INDIA ‘Shreya Singhal v. Union of India’ AIR 2015 SC 1523 [Writ Petition (Criminal) No. 167 of 2012] is a landmark case that plays a ve...
Read MoreThe Indian Prime Minister, in his address to the nation, announced the Atmanirbhar Bharat Abhiyan package or Self Reliant India Movement worth Rs Twenty lakh crore. To help in reducing the ongoing COV...
Read MoreThe Udyog Aadhaar is a unique identification number issued by the Ministry of Micro, Small and Medium Enterprises, Government of India for medium and small businesses. The Udyog Aadhaar was establishe...
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