Category: Contract Law

Lawful standards with respect to valid Acceptance in Contracts

Introduction: Section 2 (b) of the Indian Contract Act, 1872 characterizes acceptance in these words: When one individual to whom the suggestion is made means his assent thereto, the recommendation...

Swap Contracts: Concept, Mechanism and Types

What are Swap contracts? In the year 1982, Swap Contracts were introduced when the World Bank and IBM entered into an agreement. Swap contracts are one of the four types...

HAMLYN v. HOUSTON & CO.

Case Number: CA 1903 Equivalent Citation: [1903] 1 K.B. 81 Bench: Collins, M.R. and Methew, J.  Decided on: 19 November 1902 Relevant Act: The Partnership Act 1890 Brief Facts and...

Duties of an Agent under The Indian Contract Act

What is an Agency? A contract of agency is the establishment of a legal relationship between two persons in which the principal employs the agent to act on his behalf....

The Law Of Bailment

Introduction Section 148 of the Indian Contract Act, 1872 defines the term Bailment, that upon a contract when one person delivers goods to another for some purpose and when the...

Continuing Guarantee: Nature and Revocation

The present article is written by Priyanka Choudhary, currently pursuing BALLB from Mody University of Science and Technology, Lakshmangarh, Rajasthan. INTRODUCTION As per Section 6 of the Indian Contract Act,...

Pledge in Contracts

 This article is written by Shaheera Almas Sultana, pursuing BA LLB in NBM LAW COLLEGE, Vizag. What is the Meaning of Pledge? The word Pledge is defined as the goods being...

Validity and Challenges of E-Contracts

Vanshika Arora is a first-year B.A.LLB student at Army Institute of Law, Mohali. This article is a birds-eye view of the validity of e-contracts under Indian law the umpteen challenges...

Acceptance under Indian Contract Act, 1872

This article is authored by Sujata Porwal, third year BA LLB (Hons.) student at Symbiosis Law School, Pune. The article presents a critical analysis of ‘Acceptance under Indian Contract Act,...

Material Alteration and Crossing of Cheques

This article is written by Akhilandeswari Bonam, a student of Sri Padmavati Mahila Visvavidyalayam, Tirupati. INTRODUCTION Material Alteration is a party to the negotiable instrument. Material alteration can change the...