Introduction: Section 2(h) of the Indian Contract Act, 1872, defines a contract as “an agreement that is legally enforceable.” A contract is made up of reciprocal promises made by the two parties. The promises made by each side bind them legally. If one person offers and the other accepts it, Read more…
Introduction: ‘Consideration’ is ‘anything in return,’ i.e. quid pro quo, which is a key factor in determining the parties’ true willingness to form a legal relationship. Something in exchange for a promise is known as consideration. It may be either some benefit conferred on one party or something detriment suffered Read more…
Introduction: A party’s legal competency to contract refers to its ability to engage in an agreement. A person’s capacity also means that they are legally competent. When someone has attained the legal age, their capacity is also determined. One of the essential criteria is that the parties must be competent Read more…
Introduction: The term ‘Habeas Corpus’ literally translates to “to have a body of.” This writ is used to release someone who was wrongfully imprisoned or detained. The Writ of Habeas Corpus is equivalent to a court order. The Court, under this writ, orders that the individual so detained be brought Read more…