Outsourcing Contracts

Outsourcing refers to hiring someone else to do the work which was done by you or your employees earlier. Outsourcing happens across various industries e.g. Information technology, KPO, BPO, etc. Offs...

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Mistake of Fact and Mistake of Law

One of the significant factors of a valid contract is free consent. Both the parties involved in the contract must enter the contract with consent and under no force. Various factors damage the free c...

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Quasi-Contractual Obligations under the Indian Contract Act, 1872

Under the Indian Contract Act, certain obligations are not in actual contracts because they lack one or the other essential elements of a contract, but are still enforceable in a court of law. Such ob...

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Contingent Contract

The word ‘contingent’ means when an event or situation depends on some other event or fact. The ‘contingent contract’ means enforceability of that contract is directly depends upon happening o...

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Misrepresentation under the Indian Contract Act, 1872

A misrepresentation is a misleading statement of a material fact made by one party which has an impact on the other party judgment concerning a contract. If the misrepresentation is established, the c...

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Types of Damages under Section 73 of the Indian Contract Act, 1872

The Indian Contract Act, 1872 does not define the term ‘’ damages.’’ However, commonly, it means an award of money to be paid to a non-defaulting party by a defaulting party as compensation fo...

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Free Consent Under the Indian Contract Act, 1872

In order for a valid contract to persist, it is essential to ensure the free consent of the parties. There is a concept of consensus-ad-idem which implies that the parties entering into the contract m...

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Lapse of Offer

The Indian Contract Act under section 2(h) defines the meaning of the term “contract”. As per the Section, a contract is an agreement enforceable by law. Therefore there are two essentials to be f...

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Void Agreements

The law relating to contracts in India is governed by The Indian Contract Act, 1872. However the Contract Act does not purport to codify the entire law relating to contracts, the Act also specifically...

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