Section 11 of the Indian Contract Act,1872: Who are competent to contract

Section 11 in The Indian Contract Act, 1872

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…

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Section 2 of the Indian Contract Act, 1872: Interpretation Clause

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…

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Section 10 of the Indian Contract Act, 1872: What Agreements Are Contracts

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…

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What is a Legally Binding Contract Under the Contract Law?

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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What is the Free Consent under the Indian Contract Act, 1872?

What is the Importance of Free Consent under the Indian Contract Act, 1872

Introduction  Consent and free consent often create confusion because of their similarities. However, there is a difference between them as per the Indian Contract Act of 1872. These words are related to contracts. According to that law, the…

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