SRD Law Notes

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

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

Free Consent is an essential element for formation of a contract . According to Section 10 of the Indian Contract Act, 1872, All agreeme…

Consideration is necessary for the formation of contract. Section 10 of the Indian Contract Act 1872  provides, " All agreements are c…

To constitute a contract there must be an offer and acceptance. Acceptance is the second stage of formation of a Contract. Section 2(b…

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

Void Agreements                  According to Section 2(g) of the Indian Contract Act, 1872 "an agreement not enforceable by law is said to b…

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