The Indian Contract Act

The Indian Contract Act, 1872

• Definition of 'Consent' is given in Section 13

Coercion

• Coercion is defined as committing, or threatening to commit, any act forbidden by the Indian Penal Code, or the unlawful detaining, or threatening to detain, any property, to the prejudice of any person, with the intention of causing any person to enter into an agreement.

Misrepresentation

• Definition of 'Misrepresentation' is given in Section 18

Voidability of Agreements

• Agreements without free consent are voidable, as defined in Section 19

Contracts

• Definition of 'What agreements are contracts' is given in Section 10

Commencement of the Act

• The Indian Contract Act, 1872, came into force on September 1, 1872

Extent of the Act

• The Act extends to the whole of India, except the State of Jammu and Kashmir

Proposal

• A 'proposal' refers to when one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence.

Non-Affectability of Certain Agreements

• The Act does not affect any agreement or contract that is not based on natural love and affection

Short Title

• The short title of the Indian Contract Act, 1872, is 'The Indian Contract Act, 1872'

Test your knowledge of the Indian Contract Act, 1872 with this quiz on the arrangement of sections, communication, acceptance, and revocation of proposals.