Search results
Results from the WOW.Com Content Network
The Indian Contract Act, 1872 [1] prescribes the law relating to contracts in India and is the key regulating Indian contract law. Then the principles of English Common Law. It is applicable to all the states of India. It determines the circumstances in which promises made by the parties to a contract shall be legally binding.
Section 11 of the Contract Act, 1872 provides that for a person to have contracting capacity, they had to be of the age of majority, of sound mind, and not otherwise disqualified from contracting by law. However, this does not provide whether a minor's contract is void or voidable at the minor's option. [1]
1 Divorce Act 1869 4 Bombay Civil Courts Act 1869 14 Court Fees Act 1870 7 Oudh Taluqdars’ Relief Act 1870 24 Cattle-Trespass Act 1871 1 Dehra Dun 1871 21 Pensions Act 1871 23 Punjab Laws Act 1872 4 Indian Contract Act 1872 9 Indian Christian Marriage Act 1872 15 Madras Civil Courts Act 1873 3 Government Savings Banks Act 1873 5
The main contract law in India is codified in the Indian Contract Act, which came into effect on 1 September 1872 and extends to all India. It governs entrance into contract, and effects of breach of contract. Indian Contract law is popularly known as mercantile law of India.
Meanwhile, the Indian Contract Act, 1872 which continues in force in Pakistan, Bangladesh, and India (the most populous common law jurisdiction) provides that valid consideration exists "when at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing, or promises to do or ...
The contents of the Indian contract law page were merged into Indian Contract Act, 1872 on 1 August 2019. For the contribution history and old versions of the redirected page, please see ; for the discussion at that location, see its talk page.
1872 crimes in India (1 C) Pages in category "1872 in India" The following 4 pages are in this category, out of 4 total. ... Indian Contract Act, 1872; L. Lushai ...
Section 27 of the Indian Contract Act has a general bar on any agreement that puts a restriction on trade. [20] The Supreme Court of India has clarified that some non-compete clauses—specifically, those backed by a clear objective that is considered to be in advantage of trade and commerce—are not barred by Section 27 of the Contract Act ...