Indian Contract Act 1872
11th Feb, 2015
Even if there is no specific evidence of loss suffered by the Party alleging breach, the delay caused itself can be taken to have resulted in loss including loss of interest on the capital.
22nd Jul, 2014
The Court while making reference to Section 72 of the Indian Contract Act mentioned that the Bank does have a right to recover the money paid under a mistake. In the instant case, however, under […]
30th Jun, 2014
An implied promise to pay inferred from an acknowledgment could not be made the basis of the suit to recover a debt barred at the time of the acknowledgment unless it is express
20th Apr, 2014
The doctrine of frustration is an aspect or part of the law of discharge of contract by reason of supervening impossibility or illegality of the act agreed to be done
2nd Mar, 2014
Sections 73 and 74 of Contract Act contemplates that in a contract the party who suffers by such breach is entitled to receive compensation for any loss which naturally arises in the usual course of […]
21st Feb, 2014
In the judgment as passed by the Supreme Court in Oil & Natural Gas Corporation Ltd. vs. SAW Pipes Ltd. [AIR2003SC2629] dated 17.04.2003 the Court dealt with the issue relating to determination of compensation for […]
4th Dec, 2013
Whether mere referring and labeling the deed as “irrevocable” would not make the deed irrevocable
28th Nov, 2013
The Supreme Court of India after considering several authorities elaborated the law of tender as under: