answersLogoWhite

0


Best Answer

Waiver is abndonment of performance and is laid down in Sec. 63 of the Contract Act. This is an unilateral act of the promisee, so no fresh agreement is not required. Example: A was to supply 100 bags of rice of a perticular quality B. B later on came to know that A will suffer heavy loss, if he performs the obligation, B may chose not to insist on performance and discharge A from the obligations of the contract.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is doctrine of waiver under Indian contract law?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does the NFL waiver wire system only apply to the regular season?

it applies any time a player is cut under contract.


A minor and his legal position under Indian contract act?

agreement made by minor is void-ab-initio minor can't be declared insolvent rule of estoppel is not applicable on minor minor can be promisee or a beneficiary doctrine of restitution is not applicable on minor


What are the case studies in Indian contract act 1872?

case study of spellman vs spellman under indian contract act 1872


Was Mary's release legal under the doctrine of employment at will?

Her release was legal if her employment was at will. Each side can quit or be fired in an at will state or contract of employment.


Is collision damage waiver the same as under insured motorist protection?

CDW/LDW is a waiver, the rental car companies agrees not to go after the renter for any damages to the rental car (regardless of fault) if you purchase the waiver for a daily fee. As long as the renter does not violate the contract. If someone else is at fault they will then go after that person. It only covers the rental car, nothing else is covered


Can a customer sue a contractor working under a waiver?

NO.


Explain provisions of unilateral mistake under Indian contract act?

Unilateral mistakes are said to occur when only one party is at mistake regarding the essential facts of a contract.


What is the difference between quasi-contracts and implied-in-fact contracts?

A quasi-contract is not actually a contract but is instead a remedy. Also known as an implied-in-law contract, it is recognized in order to do justice under contract law, such as wherein the doctrine of promissory estoppel is applied.An implied-in-fact contract is a contract deemed to exist between parties whose conduct tacitly recognizes the existence of a contract between them.


What is the basic doctrine of fairness under bankruptcy provisions?

This means that claims must be organized in the order of legal priority and when the contract was made. This sets an order for the repayment plan on claims.


What is the age to be in the marines?

You must be 17 to join. If you are under 18, both of your parents must sign a waiver in order for you to enlist. If you are 18 you do not need a waiver.


Can you reenlist in the army reserve with a permanent profile?

Situation dependent. It might require a waiver, and now isn't the hottest time to reenlist under a waiver.


Rules for minor under Indian contract act 1872?

according to INDIAN LAW minor is the person who did not attain the age of 18. he did not undarstand what is right and what is wrong for him. no one can sue case against him