CA Foundation Laws The Indian Contract Act, 1872 Section List in PDF

Hello Dear CA Foundation Students,

We are Sharing With You Section List of CA Foundation Paper- 2A Business Laws Chapter :- 1 The Indian Contract Act 1872 . 😍

CA STUDY NOTES

Chapter 1: The Indian Contract Act

Contents:

The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of
contract, consideration, other essential elements of a valid contract, performance of contract, breach of contract, Contingent and Quasi Contract

The Indian Contract Act, 1872 Section List

The Indian Contract Act, 1872

Section number

Topic

2(a)

Proposal

2(b)

Promise and acceptance

2(c)

Promisor and promise

2(d)

Consideration

2(e)

Agreement

2(f)

Reciprocal promises

2(g)

Void

2(h)

Contract

2(j)

Void contract

2(i)

Voidable contract

   

4

Communication

5

Revocation of proposal and acceptance

6

Revocation of proposal

7

Acceptance must be absolute

8

Acceptance by conduct

9

Express and implied contracts

   

10

What agreements are contracts

11

Who are competent to contract

12

What is sound mind for the purpose of contracting

13

Definition of consent

14

Definition of free consent

15

Coercion

16

Undue influence

17

Fraud

18

Misrepresentation

19

Consequences of coercion, undue influence, fraud or misrepresentation

20

Bilateral mistake of fact

21

Mistake of law

22

Unilateral mistake of fact

23

Unlawful object

24

Agreement void if consideration unlawful in part

25

Exceptions to no consideration no contract (agreement without consideration void unless it is in writing and registered or is a promise to compensate for something done or is a promise to pay a debt barred by the law of limitation

   

26

Agreement in restraint of marriage, void

27

Agreement in restraint of trade, void

28

Agreement in restraint of legal proceedings, void

29

Agreements void for uncertainty

30

Agreement by way of wage void

31

Definition of contingent contract

32

Enforcement of contracts contingent on an event happening

33

Enforcement of contracts contingent on an event not happening

34

Enforcement of a contingent contract dependent on a third party

35

When contracts become void which are contingent on happening of specified event within fixed time

36

Agreements contingent on impossible events void

37

Obligation of parties to contract

38

Effect of refusal to accept offer of performance

39

Effect of refusal of party to perform promise wholly

40

Person by whom promise is to be performed

41

Effect of accepting performance from third party

42

Devolution of joint liabilities

43

Any one of joint promisors may be compelled to perform

44

Effect of release of one of the joint promisors

45

Devolution of joint rights

46

Time for performance of promise where no application is to be made and no time is specified

47

Time and place for performance of promise where time is specified and no application is to be made.

48

Application for performance on certain day to be at proper time and place

49

Place for the performance of promise where no application to be made and no place fixed for performance

50

Performance in manner or at time prescribed or sanctioned by promise.

51

Promisor not bound to perform unless reciprocal promise ready and willing to perform

52

Order of performance of reciprocal promises

53

Liability of party preventing event on which contract is to take effect

54

Effect of default as to the promise which should be performed in contract consisting of reciprocal promises

55

Effect of failure to perform at fixed time in contract in which time is essential

56

Agreement to do impossible act

57

Reciprocal promises to do things legal and other things illegal

58

Alternate promise one branch being illegal

59

Application of payment where debt to be discharged is indicated (appropriation of payment where debtor specifies)

60

Application of payment where debt to be discharged is not indicated

61

Application of payment where neither party appropriates

62

Effect of novation, rescission and alteration of contract

63

Promise may dispense with or remit performance of promise

64

Consequence of rescission of voidable contract (restitution)

65

Obligation of person who has received advantage under void agreement or contract that becomes void.

68

Claim for necessaries supplied to person incapable of contracting or on his account

69

Reimbursement of person paying money due by another in payment of which he is interested

70

Obligation of person enjoying benefit of non gratuitous act

71

Responsibility of finder of the goods

72

Liability of person to whom money is paid or thing delivered by mistake or under coercion

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