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Trending: Call for Papers Volume 3 | Issue 2: International Journal of Advanced Legal Research [ISSN: 2582-7340]

Indian Contract Act 1872

QUASI CONTRACTS- SECTION 68-72 OF THE INDIAN CONTRACT ACT

INTRODUCTION A retroactive agreement between two parties who have no prior responsibilities to each other is known as a quasi-contract. It is made by the judge to fix a situation in which one party benefits at the expense of the other. This agreement is meant to keep one party from taking advantage of the situation …

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A COMPREHENSIBLE DISTINCTION BETWEEN VOID AND VOIDABLE CONTRACT

INTRODUCTION In the twenty-first century, tremendous growth and development have taken in trade and commerce. With the development of trade and commerce, a combination of different principles is used to fix the rights and obligations of the parties involved. In India, the rights and obligations of the parties involved in such a contract related to …

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Wagering Agreements in Indian Contracts Act, 1872

  Introduction: According to Sir William Anson’s definition, Wagering agreement is “a promise to give money or money’s worth upon thedetermination or ascertainment of an uncertain event“. A wagering agreement is one in which two or more necessary parties have entered into a contract in which the first party promises to pay a certain sum of …

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REVISITING THE ESSENTIALS OF A VALID CONTRACT UNDER THE INDIAN CONTRACT ACT, 1872.

Introduction: In today’s time when there is a sudden spike in the new wave of COVID-19, it can be foreseeable that this period can again be construed as a “force Majeure” event for all the commercial contracts due to a detrimental effect in the industries and could result in loses for the parties in a …

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The Effect Of The Pandemic On The Execution Of The International Public Contract

Introduction: Different industries and legal relations have been hard hit by the aggressive measures imposed by the authorities worldwide to face the confirmed cases of COVID 19 have soared worldwide with fatalities. Therefore, there are many voices calling for the necessity of declaring this epidemic as a “Force Majeure”, and many questions arose about the …

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Admissibility of Investment Arbitration Claims

Introduction When it comes to international investment arbitration, a perusal of awards and articles on the subject of jurisdiction and admissibility will lead one to the conclusion that the concept of admissibility is a fiction that has no role in this field of law,[i] that it is merely illusory. We must therefore analyze the nature …

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