SRD Law Notes

law of Contract

What is Consideration and what are Kinds of Consideration ?

According to Section 2(d) of the Indian Contract Act 1872, there are three kinds of Consideration, viz Past, Present…

1) Meaning of Fraud : Fraud means dishonestly making a false (untrue or misleading) representation with a view …

Free Consent is an essential element for formation of a contract . According to Section 10 of the Indian Contra…

Consideration is necessary for the formation of contract. Section 10 of the Indian Contract Act 1872 provides, &q…

To constitute a contract there must be an offer and acceptance. Acceptance is the second stage of formation o…

According to Section 10 of the Indian Contract Act, 1872, All agreements are contracts if they are made by the …

Void Agreements According to Section 2(g) of the Indian Contract Act, 1872 "an agreement not enforc…

Yes, an offer can be revoked . According to Section 5 of the Indian Contract Act 1872, An offer or pro…

1) Introduction : Every person is competent to contract who is of the age of majority according to the law to wh…

Introduction : A ‘bailment’ is the delivery of goods by one person to another for some purpose, upon a c…

Kaliaperumal Vs. Visalakshmi (1938) Fact : In this case, a lady employed a Goldsmith for melting old jeweller…

What is Bailment ? A ‘bailment’ is the delivery of goods by one person to another for some purpose, upon…

According to Section 2(e) of the Indian Contract Act, 1872, "Every promise and every set of promises forming t…

1) Introduction Chapter VIII, Section 129 to Section 131 of the Indian Act, 1872 lay down the provisions re…

Contract of Indemnity defined under Section 124 of Indian Contract Act 1872 A contract of insurance is kind of …

Definition of Contingent Contract - According to Section 31 of Indian Contract Act, 1872. A contingent contract …

Partnership and company Both company and partnership are the means of carrying on business and In both the relatio…

No Tort Contract 1) In tort, no privity exists or is needed as harm …