law
CONTINGENT AND QUASI CONTRACTS- CONTRACT ACT, 1872
6.1 CONTINGENT CONTRACTS In this unit, we shall briefly examine what is called a ‘contingent contract’, its essentials and the rules regar...
Read more
law
BREACH OF CONTRACT AND ITS REMEDIES - CONTRACT ACT, 1872
5.1 ANTICIPATORY BREACH OF CONTRACT An anticipatory breach of contract is a breach of contract occurring before the time fixed for perform...
Read more
law
CONTRACT ACT, 1872-Unit- 4.11 DISCHARGE OF A CONTRACT
4.11 DISCHARGE OF A CONTRACT A contract is discharged when the obligations created by it come to an end. A contract may be discharged in an...
Read more
law
CONTRACT ACT, 1872-Unit- 4.10 CONTRACTS, WHICH NEED NOT BE PERFORMED
4.10 CONTRACTS, WHICH NEED NOT BE PERFORMED – WITH THE CONSENT OF BOTH THE PARTIES Under this heading, we shall discuss the principles of N...
Read more
law
CONTRACT ACT, 1872-Unit- 4.9 APPROPRIATION OF PAYMENTS
APPROPRIATION OF PAYMENTS Sometimes, a debtor owes several debts to the same creditor and makes payment, which is not sufficient to discharg...
Read more
law
CONTRACT ACT, 1872-Unit- 4.8 PERFORMANCE OF RECIPROCAL PROMISE
PERFORMANCE OF RECIPROCAL PROMISE The law on the subject is contained in Sections 51 to 58. The provisions thereof are summarized below: (i...
Read more
law
CONTRACT ACT, 1872-Unit- 4.7 TIME AND PLACE FOR PERFORMANCE OF THE PROMISE
TIME AND PLACE FOR PERFORMANCE OF THE PROMISE The law on the subject is contained in Sections 46 to 50 explained below: (i) Time for perform...
Read more
law
CONTRACT ACT, 1872-Unit- 4.6 LIABILITY OF JOINT PROMISOR & PROMISEE
LIABILITY OF JOINT PROMISOR & PROMISEE Devolution of joint liabilities (Section 42) When two or more persons have made a joint promise,...
Read more
law
CONTRACT ACT, 1872-Unit-4.5 DISTINCTION BETWEEN SUCCESSION AND ASSIGNMENT
DISTINCTION BETWEEN SUCCESSION AND ASSIGNMENT The distinction between two legal concepts, viz., succession and assignment may be noted care...
Read more
law
CONTRACT ACT, 1872-Unit-4.4 BY WHOM A CONTRACT MAY BE PERFORMED (SECTION 40, 41 AND 42)
Person by whom the promise is to be performed-Section 40 If it appears from the nature of the case that it was the intention of the parties...
Read more
Social Plugin