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Consideration

CONSIDERATION: DEFINITION, KINDS, ESSENTIALS AND PRIVITY OF CONTRACT
Indian Contract Act, 1872

CONSIDERATION: DEFINITION, KINDS, ESSENTIALS AND PRIVITY OF CONTRACT

This article is written by Anshu Gupta of 1st Semester of BALLB of Banaras Hindu University, Varanasi, an intern under Legal Vidhiya ABSTRACT Consideration is a fundamental concept in contract law that is essential for creating a legally binding agreement. This article takes a deep dive into the idea of Read more…

By Admin, 10 monthsSeptember 7, 2024 ago
MEANING, NATURE, AND SCOPE OF CONTRACT
Indian Contract Act, 1872

MEANING, NATURE, AND SCOPE OF CONTRACT

This article is written by Bhumi Reddy Vanaja of BA LLB of 4th of Sri Padmavati Mahila Viswa Vidyalayam, Tirupati, an intern under Legal Vidhiya ABSTRACT A contract is simply a legally binding agreement, and an agreement is a collection of promises that serve as additional value for both contracting Read more…

By Admin, 1 yearMay 5, 2024 ago
THE DOCTRINE OF CONSIDERATION
Indian Contract Act, 1872

THE DOCTRINE OF CONSIDERATION

This Article is written by Akash Singh Yadav of Dattopant Thengadi Law Institute, Veer Bahadur Singh Purvanchal University, Jaunpur Uttar Pradesh, an intern under Legal Vidhiya. ABSTRACT The Indian Contract Act says that for an agreement to be legal, both sides must get something in consideration. Consideration can be money, Read more…

By Admin, 1 yearApril 30, 2024 ago
THE DOCTRINE OF IMPLIED CONTRACTS
Indian Contract Act, 1872

THE DOCTRINE OF IMPLIED CONTRACTS

This Article is written by Akash Singh Yadav of Dattopant Thengadi Law Institute, Veer Bahadur Singh Purvanchal University, Jaunpur Uttar Pradesh, an intern under Legal Vidhiya. ABSTRACT In law, implied contracts are important because they fill in the gaps when formal agreements aren’t present. They come about from people’s actions Read more…

By Admin, 1 yearApril 29, 2024 ago
FORMATION OF AN AGREEMENT INTENTION TO CREATE LEGAL RELATIONSHIP
Article Indian Contract Act, 1872

FORMATION OF AN AGREEMENT INTENTION TO CREATE LEGAL RELATIONSHIP

This article is written by Sarthak Sikarwar of 4th Semester of BALLB (Hons.) of University of Petroleum and Energy Studies, an intern under Legal Vidhiya ABSTRACT In numerous legal jurisdictions across the globe, the fundamental component of each legally binding agreement is the “intention to create legal relations.” The paper Read more…

By Admin, 1 yearJanuary 26, 2024 ago
DOCTRINE OF CONSIDERATION
Indian Contract Act, 1872

DOCTRINE OF CONSIDERATION

This article is written by Abhishek Ramanuj of 6th Semester of New Law College, Bharati Vidyapeeth Deemed To Be University, Pune, an intern under Legal Vidhiya Abstract Fundamental to the Indian Contract Act is the concept of consideration, which states that any legally binding agreement must provide something in exchange Read more…

By Admin, 1 yearJanuary 19, 2024 ago
CONSIDERATION- DEFINITION, KINDS, ESSENTIALS, PRIVITY OF CONTRACT
Indian Contract Act, 1872

CONSIDERATION- DEFINITION, KINDS, ESSENTIALS, PRIVITY OF CONTRACT

This article is written by Saket Srivastava of University of Allahabad, an intern under Legal Vidhiya ABSTRACT This article seeks to give some insights on Consideration as per the Indian Contract Act, 1872.Consideration is defined under Section 2d of the Indian Contracts Act, 1872. It is defined as when the Read more…

By Admin, 2 yearsJanuary 3, 2024 ago
EFFECT OF VOID, VOIDABLE, VALID, ILLEGAL, UNLAWFUL AGREEMENTS
Indian Contract Act, 1872

EFFECT OF VOID, VOIDABLE, VALID, ILLEGAL, UNLAWFUL AGREEMENTS

This article is written by Padala Navya Bhanu of 3rd Semester of DSNLU, Visakhapatnam, an intern under Legal Vidhiya ABSTRACT In the expansive realm of contract law, agreements are categorized into five key types: Void, Voidable, Valid, Illegal, and Unlawful. This exploration aims to unveil the nuanced dynamics of these Read more…

By Admin, 2 yearsDecember 28, 2023 ago
DOCTRINE OF PROMISSORY ESTOPPEL
Indian Contract Act, 1872

DOCTRINE OF PROMISSORY ESTOPPEL

This article is written by Asna Parveen of 2nd year of Atal Bihari Vajpayee school of legal studies, CSJM university, an intern under Legal Vidhya. Abstract The doctrine of promissory estoppel can be defined as principle that was devised to prevent injustice. The effect of this doctrine is that a Read more…

By Admin, 2 yearsDecember 22, 2023 ago
DOCTRINE OF PRIVITY OF CONSIDERATION
Indian Contract Act, 1872

DOCTRINE OF PRIVITY OF CONSIDERATION

This article is written by Ratnika Pathak of 3rd Semester of Atal Bihari Vajpayee School of Legal Studies, an intern under Legal Vidhiya ABSTRACT “A contract never confers rights or impose obligations arising under it of any person except the parties to it “. – Pollock and Muller The two Read more…

By Admin, 2 yearsDecember 6, 2023 ago

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