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What is Section 65 of Indian contract Act?

What is Section 65 of Indian contract Act?

Section 65 of the Indian Contract Act, 1872, states, “When an agreement is discovered to be void, or when a contract becomes void, any person who has received any advantage under such agreement or contract is bound to restore, it, or to make compensation for it, to the person from whom he received it.”

What is Section 70 of Indian contract Act?

70. Where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore, the thing so done or delivered2.

What is Section 29 of Indian contract Act?

Section 29 of Indian Contract Act 1872 : “Agreements void for uncertainty” 29. Agreements, the meaning of which is not certain, or capable of being made certain, are void. (a) A agrees to sell to B “a hundred tons of oil”.

What is Section 64 of Indian contract Act?

Description: When an agreement is discovered to be void, or when a contract becomes void, any person who has received any advantage under such agreement or contract is bound to restore it, or to make compensation for it to the person from whom he received it.

What is Section 10 of Indian contract Act?

Section 10 of Indian Contract Act 1872 : “What agreements are contracts” 10. All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void.

What is Section 37 of Indian contract Act?

Section 37 in The Indian Contract Act, 1872. 37. Obligation of parties to contract.—The parties to a contract must either perform, or offer to perform, their respective promises, unless such performance is dispensed with or excused under the provisions of this Act, or of any other law. —

What is Section 70 A?

Obligation of person enjoying benefit of non-gratuitous act.—Where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore.

What is gratuitous act?

A gratuitous act is one that is performed by someone without the anticipation of a return and a non-gratuitous act implies the opposite meaning. Giving someone a present, for instance, is a gratuitous gesture.

What is Section 13 of Indian Contract Act?

13. ‘Consent’ defined. —Two or more persons are said to consent when they agree upon the same thing in the same sense. —Two or more persons are said to consent when they agree upon the same thing in the same sense.

What is Section 11 of Indian contract Act?

Section 11 in The Indian Contract Act, 1872. 11. Who are competent to contract. —Every person is competent to contract who is of the age of majority according to the law to which he is subject,1 and who is of sound mind and is not disqualified from contracting by any law to which he is subject.

Which is not required in Indian Contract Act?

Section 202 of the Indian Contract Act, 1872 does not require that the documents authorising the agent: A. Contain reference to the interest of the agent secured by the document B. Give the power to appropriate the amounts collected towards any debt due to the agent D. None of these

What is the real estate contract law in Indiana?

Indiana real estate contract disputes can be complex. It is wise to seek legal assistance in drafting and executing real estate agreements in accordance with the law and to obtain experienced counsel when dealing with breach of real estate contracts or potential claims of actual or constructive fraud in Indiana.

When is contract interpretation a question of law?

As noted by the court, contract interpretation is generally a question of law as opposed to a question of fact, and evidence from outside the contract cannot be considered unless the language of the contract is ambiguous.

When is consideration is illegal such agreement is?

When consideration is illegal such agreement is ……….. The statement made in both fraud and misrepresentation are …… Any person is bound by law for the payment to other person whose interest is in the money and he pays for that he is ……….. to the other party Proposal is ……….. for the law full contract. Mistake of fact makes a contract ……….