17 Sep Prof. (Dr.) Tabrez Ahmad., Professor and Director, University of Petroleum and Energy Studies (College of Legal Studies). Follow. Published. Complete Indian Contract Act (ICA) presented in a user friendly design with excellent user experience. Divided clearly into Chapters and Sections and unedited. A fully functional, uptodate and FREE application featuring the Indian Contract Act, with latest amendments. No need to refer Bare Act if you have this.
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Any one of joint promisors may be compelled to perform. Liability of pretended agent. Time and place for performance of promise, where time is fhe and no application to be made. Termination of agency, where agent has an interest in subject-matter.
Tax Laws & Rules > Acts > Indian Contract Act,
Agreements void, if considerations and objects unlawful in part. When agent cannot delegate.
Compensation for breach of contract where penalty stipulated for. Agreements contingent on impossible events, void. Further, reasonable notice has to be given by one party to the other; otherwise, damage resulting from want of such dontract, will have to be paid Section Agent’s responsibility for sub-agent appointed without authority.
Indian Contract Act, 1872
Bailee’s responsibility when goods are not duly returned. General lien of bankers, factors, wharfingers, attorneys and policy brokers.
Notice in this connection that want of skill continuous disobedience of lawful orders, and rude or insulting behavior has been held to be sufficient cause for dismissal of an agent.
Right of person as to acts done for him without his authority-effect of ratification.
Enactments [Repealed by the Repealing and Amending Act, 10 of ]. Promise may dispense with or remit performance of promise.
When event on which contract is contingent to be deemed impossible, if it is the future conduct of a living person. Acceptance must be absolute. Bailer entitled to increase or profit from goods bailed. Consequences of notice given to agent. Pawnee not to retain for debt or promise other than that for which goods pledged-Presumption in case of subsequent advances.
Indian Contract Act, – Wikipedia
Effect of mixture with bailor’s consent, of his goods with bailee’s. Creditor’s forbearance to sue does not discharge surety. Surety not the indian contract act 1872 bare act when agreement made with third person to give time to principal debtor. According to Section 2 dConsideration is defined as: Care to be taken by bailee. Effect of mixture, without bailor’s consent, when the goods can be separated. Pledge where pawnor has only a limited interest.
Defaulting pawnor’s right to redeem.
On the one hand, the law of agency is concerned with the external business relations of an economic unit and with the powers of the various representatives to affect the legal position of the principal. Who may employ idian.
Further, as per sectionif the agency is for a fixed period, the principal cannot terminate the agency before the time expired, except for sufficient cause. Surety’s right to benefit of creditor’s securities. Agent’s duty on termination of imdian by principal’s death or insanity. Discuss Proposed since March Pawnee’s right of retainer. The indian contract act 1872 bare act of surety by variance in terms of contract.