SRD Law Notes

Introduction -        Chapter -V, Section 68 to Section 72 of the Indian Contract Act, 1872 speaks about "Quasi-Contract or Certain relation…

Introduction -         Section 14 to Section 17 of the Sale of Goods Act, 1930 (SOGA) deals with the provisions relating to implied Conditions an…

Meaning of voidable contract -           A voidable contract is something different and peculiar. One of the parties to the contract alone will …

Introduction -             Agreements create rights and duties. An agreement constituent the best evidence of justice between the parties and sho…

No                                          Coercion                          Duress 1) Meaning –  …

1) Meaning of Quantum meruit :       The phrase "Quantum meruit" literary means as much as earned or as much as is merited.   When a pe…

1) Introduction:            Breach of Contract means "non-observance of a contractual obligation", or failure to perform the Contract. …

1) Introduction -              Section 62 of the Indian Contract Act 1872 deals with the doctrine of novation. The expression "Novation"…

1) Breach of Contract :         Breach of contract means failure to perform the contractual obligation by either of the parties without any lawfu…

1) Introduction              A contract is said to be discharged when the obligations created by it come to an end. In other words discharge of c…

1.Meaning and Definition of Pledge :          Pledge also known as 'Pawn'. It is a Special Kind of Bailment . The bailment of goods as sec…

1. Meaning of bailment :           The term bailment is derived from French word 'bailor' which means to deliver. Bailment is a delivery o…

The contract of guarantee is also known as the Contract of Suretyship . Section 126 of the Indian Contract Act, 1872 defines the Contract o…

According to Section 126 of the Indian Contract Act, 1872  A “contract of guarantee” is a contract to perform the promise, or discharge the …