| SECTIIONS |
Indian
Contract Act, 1872 |
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Preamble |
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PRELIMINARY |
| 1. |
Short
title |
| 2. |
Interpretation-clause |
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CHAPTER I : OF COMMUNICATION, ACCEPTANCE AND
REVOCATION OF PROPOSALS |
| 3. |
Communication,
acceptance and revocation of proposals |
| 4. |
Communication
when complete |
| 5. |
Revocation
of proposals and acceptances |
| 6. |
Revocation
how made |
| 7. |
Acceptance
must be absolute |
| 8. |
Acceptance
by performing conditions, or receiving consideration |
| 9. |
Promises
express and implied |
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CHAPTER II : OF CONTRACTS, VOIDABLE CONTRACTS,
AND VOID AGREEMENTS |
| 10. |
What
agreements are contracts |
| 11. |
Who
are competent to contract |
| 12. |
What
is a sound mind for the purposes of contracting |
| 13. |
"Consent"
defined |
| 14. |
"Free
consent" defined |
| 15. |
"Coercion"
defined |
| 16. |
"Undue
influence" defined |
| 17. |
"Fraud"
defined |
| 18. |
"Misrepresentation"
defined |
| 19. |
Voidability
of agreements without free consent |
| 19-A. |
Power
to set aside contract induced by undue influence |
| 20. |
Agreement
void where both parties are under mistake as to matter
of fact |
| 21. |
Effect
of mistakes as to law |
| 22. |
Contract
caused by mistake of one party as to matter of fact |
| 23. |
What
considerations and objects are lawful and what not |
| 24. |
Agreement
void, if considerations and objects unlawful in part |
| 25. |
Agreement
without consideration, void, uncles 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 limitation
law |
| 26. |
Agreement
in restraint of marriage void |
| 27. |
Agreement
in restraint of trade void |
| 28. |
Agreements
in restraint of legal proceedings void |
| 29. |
Agreements
void for uncertainty |
| 30. |
Agreements
by way of wager void |
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CHAPTER III : OF CONTINGENT CONTRACTS |
| 31. |
"Contingent
contract" defined |
| 32. |
Enforcement
of contracts contingent on an event happening |
| 33. |
Enforcement
of contracts contingent on an event not happening |
| 34. |
When
event on which contract is contingent to be deemed impossible,
if it is the future conduct of a living person |
| 35. |
When
contracts become void which are contingent on happening
of specified event within fixed time |
| 36. |
Agreement
contingent on impossible events void |
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CHAPTER IV : OF THE PERFORMANCE OF CONTRACTS |
| 37. |
Obligation
of parties to contracts |
| 38. |
Effect
of refusal to accept offer of performance |
| 39. |
Effect
of refusal of party to perform promise wholly |
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By whom the work must be done |
| 40. |
Person
by whom promise is to be performed |
| 41. |
Effect
of accepting performance from third person |
| 42. |
Devolution
of joint liabilities |
| 43. |
Any
one of joint promisors may be compelled to perform |
| 44. |
Effect
of release of one joint promisor |
| 45. |
Devolution
of joint rights |
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Time and place for performance |
| 46. |
Time
for performance of promise, when 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 to be made |
| 48. |
Application
for performance on certain day to be at proper time and
place |
| 49. |
Place
for 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 promisee |
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Performance of reciprocal promises |
| 51. |
Promisor
not bound to perform, unless reciprocal promisee ready
and willing to perform |
| 52. |
Order
of performance of reciprocal promises |
| 53. |
Liability
of party preventing event on which the contract is to
take effect |
| 54. |
Effect
of default as to that promise which should be first 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. An agreement to do an act impossible
in itself is void. Contract to do act afterwards becoming
impossible or unlawful |
| 57. |
Reciprocal
promise to do things legal and also other things illegal |
| 58. |
Alternative
promise, one branch being illegal |
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Appropriation of payments |
| 59. |
Application
of payment where debt to be discharged is indicated |
| 60. |
Application
of payment where debt to be discharged is not indicated |
| 61. |
Application
of payment where neither party appropriates |
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Contracts which need not be performed |
| 62. |
Effect
of novation, rescission, and alteration of contract |
| 63. |
Promisee
may dispense with or remit performance of promise |
| 64. |
Consequences
of rescission of voidable contract |
| 65. |
Obligation
of person who has received advantage under void agreement,
or contract that becomes void |
| 66. |
Mode
of communicating or revoking rescission of voidable contract |
| 67. |
Effect
of neglect of promisee to afford promisor reasonable facilities
for performance |
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CHAPTER V : OF CERTAIN RELATIONS RESEMBLING
THOSE CREATED BY CONTRACT |
| 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 goods |
| 72. |
Liability
of person to whom money is paid or thing delivered by
mistake or under coercion |
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CHAPTER VI : OF THE CONSEQUENCES OF BREACH OF
CONTRACT |
| 73. |
Compensation
for loss or damage caused by breach of contract |
| 74. |
Compensation
for breach of contract where penalty stipulated for |
| 75. |
Party
rightfully rescinding contract entitled to compensation |
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CHAPTER VII : SALE OF GOODS |
| 76-123. |
Repealed |
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Chapter VIII: Of indemnity and guarantee |
| 124. |
"Contract
of indemnity" defined |
| 125. |
Rights
of indemnity-holder when sued |
| 126. |
"Contract
of guarantee", "surety", principal debtor"
and "Creditor" |
| 127. |
Consideration
for guarantee |
| 128. |
Surety's
liability |
| 129. |
"Continuing
guarantee" |
| 130. |
Revocation
of continuing guarantee |
| 131. |
Revocation
of continuing guarantee by surety's death |
| 132. |
Liability
of two persons, primarily liable, not affected by arrangement
between them that one shall be surety in other's default |
| 133. |
Discharge
of surety by variance in terms of contract |
| 134. |
Discharge
of surety by release of discharge of principal debtor |
| 135. |
Discharge
of surety shen cerditor compounds with, gives time to,
or agrees not to sue principal debtor |
| 136. |
Surety
not discharged when agreement made with third person to
give time to principal debtor |
| 137. |
Creditor's
forbearance to sue does not discharge surety |
| 138. |
Release
of one co-surety does not discharge others |
| 139. |
Discharge
of surety by creditor's act or omission impairing surety's
eventual remedy |
| 140. |
Rights
of surety on payment or performance |
| 141. |
Surety's
right to benefit of creditor's securities |
| 142. |
Guarantee
obtaiend by misrepresentation, invalid |
| 143. |
Guarantee
obtained by concealment, invalid |
| 144. |
Guarantee
on contract that creditor shall not act on it until co-sureties
joins |
| 145. |
Implied
promise to indemnify surety |
| 146. |
Co-sureties
liable to contribute equally |
| 147. |
Liability
of co-sureties bound in different sums |
