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The Indian Contract Act, 1872 : Agreement and Contract

Khushboo Garg / 15 March 2021

An offer when it is accepted becomes an agreement. But all agreements are not contracts. In order to become a contract, an agreement must be enforceable by law. Therefore, only those agreements which are enforceable by law can result in contracts. Offer + Acceptance = Agreement Agreement + Enforceability = Contract Agreement Under Section 2(e), […]

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Essentials of a valid transfer under the TPA,1882

The Transfer of Property Act,1882 is a piece of legislation that governs the transfer of property between parties by act of the parties themselves. Section 5 of the Act defines the term ‘transfer of property.’ A bare perusal of the provision makes it abundantly clear that transfer of property refers to a transfer of property