Contract Law

ACCEPTANCE AND WITHDRAWAL OF TENDERS AND BIDS AND ITS RELEVANCE IN PRESENT TIMES

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Written by: JAHANVI JAJOO, NATIONAL LAW UNIVERSITY, JODHPUR TOPIC: ACCEPTANCE AND WITHDRAWAL OF TENDERS AND BIDS AND  ITS RELEVANCE IN PRESENT TIMES     ACCEPTANCE OF TENDER/BID The acceptance of tender merely amounts to an intimation that the offer will be considered to remain open during the period specified, and that it will be accepted from time to time by giving orders of specified quantities, and does not bind either party unless and until such …

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Anticipatory Breach of Contract

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Written by- Palak Singh Topic – Anticipatory Breach of Contract Anticipatory Breach of Contract: Hindrance in Proper Functioning of Agreement  The anticipatory breach of contract is specified under Section 39 of the Indian Contract Act, 1872. It states: “When a party to a contract has refused to perform or disable himself from performing, his promise in its entirety, the promisee may put an end to the contract, unless he has signifi­ed, but words or conduct, …

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Loss occurred by the bailee’s servant.

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Written by- NAMAN MISHRA TOPIC-Loss occurred by the bailee’s servant. BAILMENT: UNORTHODOX CONCEPT OF CONTRACT LAW INTRODUCTION Bailment is the delivery of products for some particular reason, and when that intention is over, goods are conveyed back or to be managed in a way so given by the bailor. Bailment implies and incorporates any sort of taking care of over of the products. Be that as it may, it does exclude the loan of money, …

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Capacity to contract

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Capacity to contract This article is written by Puneet Kumar a Student of National Law University, Jodhpur interning at Law Justify for a duration of one month. Introduction We tend to involve in a number of transactions every day, almost all of which are contractual or can be said forms a contract. However, in terms of making a contract legally binging one needs to fulfil certain criteria mentioned in Indian Contract act, 1872. This article …

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CONCEPT OF RETAINER UNDER SECTION 173 OF INDIAN CONTRACT ACT, 1872.

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CONCEPT OF RETAINER UNDER SECTION 173 OF INDIAN CONTRACT ACT, 1872. This blog is written by Seval Jain, student of 2nd year of Chanakya National Law University, Patna. She has in great detail, with the help of various case laws analyzed Section 173 of the Indian Contract Act, 1872 which talks about the Pawnee’s right of retainer. INTRODUCTION: The Indian Contract Act, 1872 is an act which governs the formation and enforcement of different kinds …

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