Section 11 of the Indian Contract Act,1872: Who are competent to contract
Introduction Section 11 of the Indian Contract Act,1872, defines the fundamentals of the capacity of the parties. The provision of section 11 needs to be fulfilled for the parties to enter into a legally binding contract. In this…
Read more »Section 2 of the Indian Contract Act, 1872: Interpretation Clause
Introduction: Section 2 of the Indian Contract Act,1872, defines the basic and fundamental provisions for forming contracts. We know that contracts are the heart of every business also create a legal relationship between the contracting parties. In this…
Read more »Section 10 of the Indian Contract Act, 1872: What Agreements Are Contracts
Introduction Section 10 of the Indian Contract Act, 1872, outlines the basic legal requirement that all agreements become legally binding contracts. Such as if any agreement is made by free consent of the contracting parties, with lawful object…
Read more »What is a Legally Binding Contract Under the Contract Law?
Introduction A contract is an agreement that is made between two or more persons and is a legally binding contract. It is also enforceable by the court of law. It is optional to have a contract created in…
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