The promise under a contract may be performed by; a. Promisor himself: If there is something in the contract to show that it was the intention of the parties

The essentials of a wagering agreement, are as follows- 1. Promise to pay money (or) money’s worth: The wagering agreement must be certain and there must be a

According to sec (31) of ICA, 1872, a contingent contract is a contract to do or not to do something, if the event, collateral to such contract, does or does

In the performance of a contract, time is a crucial element. Contracts must be performed on time. “Is the time of the essence?” is a question of fact and law.

The bill aims to provide for the regulation of ART (Assisted Reproduction Technology). ART is used to treat infertility. In ART, the eggs are removed from a

Section 56, of the contract act, deals with the impossibility. If an agreement contains an underwriting to perform impossibility, it is void-ab-initio. (Void).

When two or more persons have made a joint promise, they are known as joint promisors. Unless a contrary intention appears from the contract, all joint

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The word “assign” means “transfer”. Therefore “assignment of contract means the transfer of contractual rights and liabilities under the contract to the third

The contract may be discharged by operation of law which takes place: 1. By Death: If contracts involve the personal skill or ability of the promisor, the

Under certain special circumstances, a person may receive a benefit to which the law regards another person as better entitled or for which the law considers

IIFL Home Finance, a 100% subsidiary of IIFL finance, is a leading technology driven housing finance company which provides loans to low and middle income

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Breach of contract means the promisor fails to perform the promise or breaking of the obligations which a contract imposes. It occurs when a party to the

Damages are the monetary compensation allowed to the aggrieved party for the loss or injury suffered by him by the breach of contract. The fundamental

In Lok Sabha, the National Institute of Pharmaceutical Education and Research (Amendment) Bill, 2021 was introduced on March 15, 2021, and the Rajya Sabha also

In Sale, the transfer of ownership passes from seller to buyer immediately. It is an executed contract. Sale can be only in specific or existing goods. If the