COMMAN Vigyan of Business


JOHAR MAM

The Indian Contract Act of 1872 is a comprehensive legal framework that controls all commercial relationships in India. The act lays down the rules and regulations that need to be followed while entering into a contract and also provides remedies for breach of contract. It is one of the oldest acts in India and has been amended several times over the years to keep up with changing economic conditions.

1 year ago | [YT] | 0

JOHAR MAM

The Indian Contract Act 1872 is a law enacted by the British in India that governs contracts and agreements.

It was drafted to protect both parties from unfair terms they may not have known about when agreeing, as well as to provide guidelines for when one party breaches the contract. This act still stands today and provides legal protections for those who enter into agreements with others in India or abroad.

1 year ago | [YT] | 0

JOHAR MAM

The Indian Contract Act 1972
Points To Ponder:-

The Indian Contract Act, 1872 is a law that governs contracts in India. It's one of the oldest mercantile laws in the country and applies to all states .

The Act came into effect on September 1, 1872.

The Act was passed by the legislature of pre-independence India.

1 year ago (edited) | [YT] | 1