section 11 lays down that "every person is cpmpetent to contract who is of the age of majorityaccording to law to which he is subject, and who is ofsound mind and is not disqulified from contractingby any law to which he is subject"
To make a contract as per Indian Contracts Act, the following are the essential ingredients a. Proposal whether oral or written b. The person who makes an proposal c. Knowledge of the proposal d. free consent for Acceptance / revocation of the proposal e. consideration f. The person who accept / revoke the proposal
parties held by the Indians to celebrate the death of their people
the acceptance is the assent given to a proposal and it has the effect of converting the proposal into promise!!!section2(b) of Indian contract Act defines Accptance as follows,''when the person to whom the proposal is made signifies his assent therto,the proposal is said to be accepted.Aproposal,when accepted,becomes a promise.''Essentials of a valid Acceptance,1) it suld b fobbiden by law
Chapter IX of Indian Contract Act, 1872. This chapter has been repealed. At present we have Indian Paetnership Act, 1932 as a separate Act.
case study of spellman vs spellman under indian contract act 1872
kapildev
Indian Meaning is terrible
its Indian. short for anitha. guess u'd have to ask an Indian for the meaning - i have no idea :D
This legislation is referred to as the Indian Contract Act of 1872. It relates to laws regarding binding contracts in all states in India except Jammu and Kashmir
yes
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A valid contract is an agreement enforceable by law. A Valid Contract is defined under Sec 2(h) of the Indian Contract Act, of 1872. To know the essential features of forming a valid contract, please refer to Desire 4 Legal Knowledge