Contract I — Law of Contract
“An agreement enforceable by law is a contract.” — Section 2(h), Indian Contract Act, 1872
Unit Coverage
| Unit | Topics |
|---|---|
| Unit I — Formation of Contract & Consideration | Definition & essentials (S.10), offer & acceptance, communication & revocation, consideration, privity, unlawful object, e-contracts & tenders |
| Unit II — Capacity, Free Consent & Legality | Capacity (S.11), minor’s agreement, sound mind; free consent — coercion, undue influence, misrepresentation, fraud, mistake; void agreements & contingent contracts |
| Unit III — Discharge & Performance | Modes of discharge, time as the essence, reciprocal promises, joint promisors, frustration (S.56), anticipatory & actual breach |
| Unit IV — Remedies & Quasi Contracts | Remedies for breach, kinds of damages, liquidated damages vs penalty (S.74), remoteness (Hadley v. Baxendale), quasi contracts (Ss.68–72) |
| Unit V — The Specific Relief Act, 1963 | Recovery of possession (Ss.5–6), specific performance & the 2018 amendment, contracts enforceable/non-enforceable, rectification, cancellation, declaratory decrees, injunctions |
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