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Home Bare Acts Phrase: contract Page 4 of about 255 results (0.002 seconds)Indian Contract Act, 1872 Section 32
Title: Enforcement of Contracts Contingent on an Event Happening
State: Central
Year: 1872
Contingent contracts to do or not to do anything if an uncertain future event happens cannot be enforced by law unless and until that event has happened. If the event becomes impossible, such contracts become void. Illustrations (a) A makes a contract with B to buy B's horse if A survives C. This contract cannot be enforced by law unless and until C dies in A's lifetime. (b) A makes a contract with B to sell a horse to B at a specified price, if C, to whom the horse has been offered, refuses to buy him. The contract cannot be enforced by law unless and until C refuses to buy the horse. (c) A contracts to pay B a sum of money when B marries C. C dies without being married to B. The contract becomes void.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 75
Title: Party Rightfully Rescinding Contract Entitled to Compensation
State: Central
Year: 1872
A person who rightfully rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract. Illustration A, a singer, contracts with B, the manager of a theatre, to sing at his theatre for two nights in every week during the next two months, and B engages to pay her 100 rupees for each night's performance. On the sixth night, A wilfully absents herself from the theatre, and B, in consequence, rescinds the contract. B is entitled to claim compensation for the damage which he has sustained through the non-fulfilment of the contract.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 132
Title: Liability of Two Persons, Primarily Liable, Not Affected by Arrangement Between Them That One Shall Be Surety on Others Default
State: Central
Year: 1872
Where two persons contract with a third person to undertake a certain liability, and also contract with each other that one of them shall be liable only on the default of the other, third person not being a party to such contract, the liability of each of such two persons to the third person under the first contract is not affected by the existence of the second contract, although such third person may have been aware of its existence. Illustration A and B make a joint and several promissory note to C. A makes it, in fact, as surety for B, and C knows this at the time when the note is made. The fact that A, to the knowledge of C, made the note as surety for B, is no answer to a suit by C against A upon the note.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 133
Title: Discharge of Surety by Variance in Terms of Contract
State: Central
Year: 1872
.....C to B on credit. Afterwards B becomes embarrassed, and, without the knowledge of A, B and C contract that C shall continue to supply B with oil for ready money, and that the payments shall be applied to the then existing debts between B and C. A is not liable on his guarantee for any goods supplied after this new arrangement. (e) C contracts to lend B 5,000 rupees on the 1st March. A guarantees repayment. C pays the 5,000 rupees to B on the 1st January, A is discharged from his liability, as the contract has been varied, inasmuch as C might sue B for the money before the 1st of March. _______________________ 1. Inserted by Act 24 of 1917, section 2 and Schedule I.
View Complete Act List Judgments citing this sectionContract Labour (Regulation and Abolition) Act, 1970 Chapter I
Title: Preliminary
State: Central
Year: 1970
.....establishment, means a person who undertakes to produce a given result for the establishment, other than a mere supply of goods or articles of manufacture to such establishment, through contract labour or who supplies contract labour for any work of the establishment and includes a sub-contractor; (d) "controlled industry" means any industry the control of which by the Union has been declared by any Central Act to be expedient in the public interest; (e) "establishment" means- (i) any office or department of the government or a local authority, or (ii) any place where any industry, trade, business, manufacture or occupation is carried on; (f) "prescribed" means prescribed by rules made under this Act; (g) "principal employer" means- (i) in relation to any office or department of the government or a local authority, the head of that office or department or such other officer as the government or the local authority; as the case may be, may specify in this behalf, (ii) in a factory, the owner or occupier of the factory and where a person has been named as the manager of the factory under the Factories Act, 1948 (63 of 1948), the person so named. (iii) in a mine,.....
View Complete Act List Judgments citing this sectionContract Labour (Regulation and Abolition) Act, 1970 Chapter III
Title: Registration of Establishments Employing Contract Labour
State: Central
Year: 1970
.....to him in thisbehalf or otherwise, that the registration of any establishment has beenobtained by misrepresentation or suppression of any material fact, or that forany other reason the registration has become useless or ineffective and,therefore requires to be revoked, the registering officer may, after giving anopportunity to the principal employer of the establishment to be heard and withthe previous approval of the appropriate government, revoke the registration. Section 9 - Effect of non-registration No principal employer of an establishment, to which this Act applies, shall (a) in the case of an establishment required to be registered under section 7, but which has not been registered within the time fixed for the purpose under that section; (b) in the case of an establishment the registration in respect of which has been revoked under section 8, employ contract labour in the establishment after the expiry of the period referred to in clause (a) or after the revocation of registration referred to in clause (b), as the case may be. Section 10 - Prohibition of employment of contract labour (1) Notwithstanding anything contained in this Act, the appropriate.....
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 65
Title: Obligation of Person Who Has Received Advantage Under Void Agreement, or Contract That Becomes Void
State: Central
Year: 1872
.....of rice before the first of May. A delivers 130 maunds only before that day, and none after. B retains the 130 maunds after the first of May. He is bound to pay A for them. (c) A, a singer, contracts with B, the manager of a theatre, to sing at his theatre for two nights in every week during the next two months, and B engages to pay her a hundred rupees for each night's performance. On the sixth night, A wilfully absents herself from the theatre, and B, in consequence, rescinds the contract. B must pay A for the five nights on which she had sung. (d) A contracts to sing for B at a concert for 1,000 rupees, which are paid in advance. A is too ill to sing. A is not bound to make compensation to B for the loss of the profits which B would have made if A had been able to sing, but must refund to B the 1,000 rupees paid in advance
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 19A
Title: Power to Set Aside Contract Induced by Undue Influence
State: Central
Year: 1872
1 [Power to set aside contract induced by undue influence When consent to an agreement is caused by undue influence, the agreement is a contract voidable at the option of the by party whose consent was so caused. Any such contract may be set aside either absolutely or, if the party who was entitled to avoid it has received any benefit thereunder, upon such terms and conditions as to the Court may seem just. Illustrations ( a) A's son has forged B's name to a promissory note. B, under threat of prosecuting A's son, obtains a bond from A for the amount of the forged note. If B sues on this bond, the Court may set the bond aside. (b) A, a money-lender, advances Rs.100 to B, an agriculturist, and, by undue influence, induces B to execute a bond for Rs. 200 with interest at 6 percent per month. The Court may set the bond aside, ordering B to repay the Rs.100 with such interest as may seem just.] ______________________ 1. Inserted by Act 6 of 1899, section 3.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 52
Title: Order of Performance of Reciprocal Promises
State: Central
Year: 1872
Where the order in which reciprocal promises are to be performed is expressly fixed by the contract, they shall be performed in that order; and, where the order is not expressly fixed by the contract, they shall be performed in that order which the nature of the transaction requires. Illustrations (a) A and B contract that A shall build a house for B at a fixed price. A's promise to build the house must be performed before B's promise to pay for it. (b) A and B contract that A shall make over his stock-in-trade to B at a fixed price, and B promises to give security for the payment of the money. A's promise need not be performed until the security is given, for the nature of the transaction requires that A should have security before he delivers up his stock.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 64
Title: Consequences of Rescission of Voidable Contract
State: Central
Year: 1872
When a person at whose option a contract is voidable rescinds it, the other party thereto need not perform any promise therein contained in which he is promisor. The party rescinding a voidable contract shall, if he have received any benefit thereunder from another party to such contract, restore such benefit, so far as may be, to the person from whom it was received.1 _______________________ 1 . See section 75, infra.
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