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SECTIIONS

Indian Contract Act, 1872

   
  Preamble
   
  PRELIMINARY
1. Short title
2. Interpretation-clause
   
  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
   
  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
   
  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
   
  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
  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
  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
  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
  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
  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
   
  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
   
  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
   
  CHAPTER VII : SALE OF GOODS
76-123. Repealed
   
  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
 
 
NEXT >> Section148-238 of Indian Contract Act, 1872
 
 

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