Author: twinkle kwatra

Articles LexCliq

VOID AGREEMENT BY TWINKLE KWATRA

an agreement not enforceable by law is void agreement. following are void agreement according to INDIAN CONTRACT ACT sec 24 – agreement unlawful in parts If any part of a single consideration for one or more objects, or any one or any part of any one of several considerations for a single object, is unlawful, […]

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UNLAWFUL AGREEMENT BY TWINKLE KWATRA

according to section 23 of INDIAN CONTRACT ACT all these are unlawful agreement: forbidden by law if permitted, defeat the provision of law is fraudulent injury to person or property of another immortal against public policy FORBIDDEN BY LAW where an object of an agreement is forbidden by law, the agreement is unlawful. law in […]

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BREACH OF CONTRACT PART 2 BY TWINKLE KWATRA

NOMINAL DAMAGES NO LOSS SITUATION where the plaintiff suffers no loss, the court may still award him nominal damages in recognition of his right. VINDICTIVE OR EXEMPLARY DAMAGES these are awarded with a view to punish guilty party for the breach. these damages may be awarded only in two cases: for breach of promise to […]

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BREACH OF CONTRACT PART 1 BY TWINKLE KWATRA

A breach of contract occurs when a party: renounces his liability under contract by his own act makes it impossible that he should perform his obligation under it or totally or partially fails to perform such obligation. BREACH IS OF TWO TYPES: ANTICIPATORY BREACH: when before the performance is due the part act in a […]

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CAPACITY TO CONTRACT BY TWINKLE KWATRA

SEC 10 of the contract act requires that the parties must be competent to contract. competence is defined in SEC 11 as:- EVERY PERSON IS COMPETENT TO CONTRACT WHO IS OF THE AGE OF MAJORITY ACCORDING TO LAW TO WHICH HE IS SUBJECT, AND WHO IS SOUND MIND, AND IS NOT DISQUALIFIED FROM CONTRACTING BY […]

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