Introduction: The term “Consideration” is defined under Section 2(d) of the Indian Contract Act, 1872. Generally, a contract without “consideration” stands declared void under Indian Law, However, under English Law, contracts may be valid even when consideration is not present as an element, such as in the case of: – Read more
Introduction: In the contract, where two or more parties typically undertake to perform certain obligations vis-à-vis such obligation could be in the nature of reciprocal promises i.e, promises which form part or entire consideration for each other. In simple words “a promise in exchange for another promise” Ex- A agrees Read more
Introduction: Indian legal system is a mixed legal system that has civil, common law and customary laws within it. It follows both codified and judge-made laws. Judges play an important part in law-making. Especially when it comes to the Supreme Court and High Court of the nation. Because their decision Read more
Introduction The law of contracts is an evolving concept based on the theories propounded by various scholars to explain the liability and obligations arising due to a contract upon the parties entering into it. The theory holds significance in the law as the common law as well as the Indian Read more
Introduction Marriage is a sacred institution in our tradition-bound society. Marriage is the beginning of a family and is a life-long commitment. Marriage is more than a physical union. It is also a spiritual and emotional union. It is the greatest event in an individual’s life and brings with it Read more