Scribd Logo
Upload

Welcome to Scribd!

  • 38 views

    Law Sections

    Uploaded by

    Khushi Srivastava
    This document outlines various sections of the Indian Contract Act relating to contracts. It discusses key elements of a valid contract under Section 2, including offer, acceptance, consideration, capacity to contract, free consent, and legality of object and consideration. It also summarizes remedies for breach of contract under Sections 73-75, including rescission of contract under Section 65. The party rescinding a contract must restore benefits and is entitled to damages. Special contracts such as indemnity, guarantee, and bailment are also summarized, outlining rights and duties of parties.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Law Sections

    Uploaded by

    Khushi Srivastava
    38 views3 pages
    This document outlines various sections of the Indian Contract Act relating to contracts. It discusses key elements of a valid contract under Section 2, including offer, acceptance, consideration, capacity to contract, free consent, and legality of object and consideration. It also summarizes remedies for breach of contract under Sections 73-75, including rescission of contract under Section 65. The party rescinding a contract must restore benefits and is entitled to damages. Special contracts such as indemnity, guarantee, and bailment are also summarized, outlining rights and duties of parties.

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document outlines various sections of the Indian Contract Act relating to contracts. It discusses key elements of a valid contract under Section 2, including offer, acceptance, consideration, capacity to contract, free consent, and legality of object and consideration. It also summarizes remedies for breach of contract under Sections 73-75, including rescission of contract under Section 65. The party rescinding a contract must restore benefits and is entitled to damages. Special contracts such as indemnity, guarantee, and bailment are also summarized, outlining rights and duties of parties.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    38 views3 pages

    Law Sections

    Uploaded by

    Khushi Srivastava
    This document outlines various sections of the Indian Contract Act relating to contracts. It discusses key elements of a valid contract under Section 2, including offer, acceptance, consideration, capacity to contract, free consent, and legality of object and consideration. It also summarizes remedies for breach of contract under Sections 73-75, including rescission of contract under Section 65. The party rescinding a contract must restore benefits and is entitled to damages. Special contracts such as indemnity, guarantee, and bailment are also summarized, outlining rights and duties of parties.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 3

    MODULE Term Section

    MOD 1 CONTRACT Proposal Sec 2(a)


    Acceptance Sec 2(b)
    Agreement Sec 2(e)
    Void Agreement Sec 2(g)
    Contract Sec 2(h)
    Voidable contract Sec 2(i)
    Essential Element of Valid Contract Sec 10
    Not experssly Declared to be void Sec 24 to 30
    Lawful Consideration Sec 23
    Competent(capacity) to Contract Sec 11
    Such a person should be of sound mind Sec 12
    consent is said to be free when following
    Sec 14
    elements are absent
    Coercion Sec 15
    Undue influence Sec 16
    Fraud Sec 17
    Misrepresentation Sec 18
    Mistake Sec 20,21,22
    Breach of contract & remedies for breach of
    Sec 73-75
    contract

    Recession of contract Sec 65

    Sue for damanges Sec 73

    MOD 2 SPECIAL CONTRACTS Contract of Indemnity Sec 124


    Rights of Indemnified [DCAS] Sec 125
    Contract of Guarantee Sec 126
    Consideration [to surety] Sec 127
    Rights of Surety Subrogation Sec 140
    Rt of Surety to benefit of creditor's securities Sec 141
    Rt of Surety to claim indemnity Sec 145
    Bailment, for some purpose Sec 148
    Delivery of Movable Goods Sec 149
    Dt of Bailor to disclose faults Sec 150
    Dt of Bailee to take reasonable care Sec 151
    Rt of Bailor to terminate if wrong use Sec 153
    Dt of Bailee to not makewrong use Sec 154
    Dt of Bailor to repay expense in gratuituous Sec 158
    Rt of Bailor to demand return in gratuituous Sec 159
    Rt of Bailee to deliver to joint bailors Sec 165
    Rt of Bailee to deliver to without title bailor Sec 166
    Rt of Bailee Particular Lien Sec 170
    Rt of Bailee General Lien Sec 171
    Sec
    Sec
    Sec
    Sec
    Sec
    Sec
    Sec
    Sec
    Sec
    As persection 65 of the Indian Contract Act,the party that rescinds
    the contract must restore any benefits he got under the said
    agreement. And section 75 states that the party that rescinds the
    contractis entitled to receive damages and/or compensation
    forsuch a recession

    You might also like