Indian Contract Act 1872 Notes [Law of Contracts Notes]

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This article provides Contracts Law Notes notes with case laws. 

Law of Contracts dealing with matters relating to Contracts. A contract is made when an agreement becomes enforceable by law. There is no legal obligation as long as it is a mere agreement. Once the agreement becomes a contract, there is a legal obligation by the parties involved.

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Introduction to the Law of Contracts

TopicLink To Notes
Law of Contracts: Meaning, Nature and Important DefinitionsView Here
Important Definitions under Indian Contract Act 1872View Here
Types of contractsView Here
Difference Between Express, Implied and Quasi‑ContractsView Here
Differences Between Void & Voidable ContractsView Here
What is Difference Between Tender and ContractView Here

Agreement under Indian Contract Act (Section 2 to 9, Indian Contract Act)

TopicLink To Notes
Proposal under Indian Contract ActView Here
Difference Between Offer and Invitation to OfferView Here
Difference Between Offer and ProposalView Here
Invitation to OfferView Here
Agreements under Indian Contract Act, 1872View Here
Standard form contractView Here
Acceptance under Indian Contract ActView Here
Essentials of Valid AcceptanceView Here
Felthouse vs BindleyView Here
Cross Offer and Counter OfferView Here
Revocation of an Offer under the Indian Contract Act, 1872View Here
Agreements under Indian Contract Act, 1872View Here
Types of OfferView Here
Differences Between Agreement and ContractView Here
Consensus Ad IdemView Here

Capacity to Contract under Indian Contract Act (Sections: 10, 11, 12, 64, 65, 68)

TopicLink To Notes
Who are Competent to ContractView Here
Position of a Minor in ContractView Here
Position of persons of Unsound MindView Here
Persons Disqualified by LawView Here
Rules Regarding Minor’s AgreementView Here

Free Consent (Sections 13 to 22, Indian Contract Act)

TopicLink To Notes
Free Consent under Indian Contract ActView Here
Coercion under Indian Contract ActView Here
Undue InfluenceView Here
Fraud under Indian Contract ActView Here
Misrepresentation in Contract LawView Here
Mistake under Indian Contract Act, 1872View Here
Ignorantia Facti Excusat and Ignorantia Juris Non ExcusatView Here
Difference Between Coercion and Undue InfluenceView Here
Differences Between Fraud and MisrepresentationView Here

Consideration under Indian Contract Act (Sections 23 to 25 Indian Contract Act)

TopicLink To Notes
Meaning and Nature of ConsiderationView Here
Essentials of valid considerationView Here
Types of ConsiderationView Here
Past ConsiderationView Here
Exceptions to Consideration under Indian Contract ActView Here
Privity of Contract under Contract LawView Here
ex nudo pacto non oritur actio  View Here
Adequacy of ConsiderationView Here
Difference Between Condition Precedent and Condition Subsequent ClausesView Here
Voidable Contracts: All You Need to KnowView Here
Contracts are Not Specifically EnforceableView Here

Lawful Object in Contracts

TopicLink To Notes
Legality of Object in ContractsView Here
Lawful Consideration and Lawful ObjectView Here

Void Agreements: Limitations on Freedom of Contract (S. 24 – 30, Indian Contract Act)

TopicLink to Notes
Void Agreements in Contract LawView Here
Difference Between Void and Voidable AgreementsView Here
Agreements with Unlawful ObjectView Here
Agreements without ConsiderationView Here
Agreements in Restraint of MarriageView Here
Agreements in Restraint of TradeView Here
Agreements in Restraint of Legal ProceedingsView Here
Ambiguous and Uncertain AgreementsView Here
Agreements Opposed to Public PolicyView Here
Wagering Agreements  View Here

Contingent Contracts

TopicLink to Notes
Contingent ContractsView Here
Difference between Contingent Contracts and Wagering AgreementsView Here

Quasi – Contracts and Unjust Enrichment (Section 68 to 72, Indian Contract Act)

TopicLink To Notes
Quasi ContractsView Here
Doctrine of Unjust EnrichmentView Here
Concept and Classification of Quasi ContractsView Here
Nemo Debet Locupletari Ex Aliena JacturaView Here
Section 69 of Indian Contract ActView Here
Section 70 of Indian Contract ActView Here
Doctrine of RestitutionView Here
Doctrine of FrustrationView Here
Limitation for Specific Performance of ContractView Here

Discharge of a Contract (Section 37 to 67, Indian Contract Act)

TopicLink To Notes
Discharge of a Contract under Indian Contract Act

– By Performance
– Performance by Joint Promisors
– Discharge by Novation – Remission
– Accord and Satisfaction
– Discharge by Impossibility of Performance – Doctrine of Frustration
– Discharge by Breach – Anticipatory Breach – Actual breach
View Here
Clayton’s Rule of Appropriation of Payments under Contract ActView Here
Performance of Contract and Section 37 of Indian Contract ActView Here
Discharge of Contract by AgreementView Here
Discharge of a Contract by Operation of LawView Here
Doctrine of Supervening ImpossibilityView Here
Lex Non Cogit Ad Impossibilia: The Law Does Not Compel the ImpossibleView Here
Time Is the Essence of a ContractView Here
Difference Between Novation and AlterationView Here
Anticipatory Breach of ContractView Here
Alteration of ContractView Here
Remission of a ContractView Here

Breach of Contract (Ss. 73, 74 & 75)

TopicLink To Notes
Remedies for Breach of a Contract

– Damages,
– Types of Damages,
– Remoteness of damages,
– Ascertainment of Damages
– Doctrine of Quantum Merit
View Here
Remoteness of Damage in ContractView Here
Doctrine of Blue PencilView Here
Quantum MeruitView Here
Difference Between Breach of Contract and Breach of TrustView Here
Overview of Consequential (Special) DamagesView Here
Consequences of Breach of ContractView Here
Damages under Indian Contract ActView Here
Types of Damages under Section 73View Here
Difference Between Tort and Breach of ContractView Here

Contract of Indemnity

TopicLink To Notes
Meaning of Contract of IndemnityView Here
Contract of IndemnityView Here
Indemnity Clause in ContractView Here
Rights of Indemnifier in IndiaView Here
Rights of Indemnity HolderView Here
Difference Between Contract of Indemnity and GuaranteeView Here
Indemnity Bond: All You Need to KnowView Here

Contract of Guarantee under Indian Contract Act

TopicLink To Notes
Concept of Contract of GuaranteeView Here
Continuing GuaranteeView Here
Difference Between Contract of Indemnity and GuaranteeView Here
Who is a Surety in a Contract?View Here
Right of Surety Against Creditor under the Indian Contract Act, 1872View Here
Rights of Surety in a Contract of GuaranteeView Here
Discharge of Surety from LiabilityView Here

Bailment under Indian Contract Act

TopicLink To Notes
Concept of BailmentView Here
Types of BailmentView Here
Gratuitous and Non-Gratuitous BailmentView Here
Essential Elements of BailmentView Here
Rights and Duties of Bailor and BaileeView Here
Difference Between Bailment and PledgeView Here

Pledge under Indian Contract Act

TopicLink To Notes
Definition of Pledge under the Indian Contract ActView Here
Contract of PledgeView Here
Rights and Duties of Pawnor and PawneeView Here
Rights of PawneeView Here
Difference Between Bailment and PledgeView Here

Agency under Indian Contract Act

TopicLink To Notes
Contract of Agency under Indian Contract ActView Here
Relationship Between Principal and AgentView Here
Rights and Duties in an Agency under Indian Contract ActView Here
Termination of Agency under Indian Contract Act, 1872View Here
Agency by RatificationView Here
Agency by EstoppelView Here
Difference Between Sub Agent and Substituted Agent  View Here
Difference Between Agent and ServantView Here

Other Concepts

TopicLink To Notes
How To Cancel a Power of Attorney In India?View Here
Rights of Finder of Goods Under Indian Contract ActView Here
Bailor and Bailee Relationship in BankingView Here
What is Contract Costing?View Here
Accord and SatisfactionView Here
Rescission of Contract under the Specific Relief ActView Here
Forbearance to Sue: What’s the Meaning?View Here
Principle of Uberrima Fides: A Legal Doctrine of Utmost Good Faith in Insurance ContractsView Here
What is Draft Agreement? A Comprehensive GuideView Here
Concession Agreement: All You Need to KnowView Here
Differences Between General Lien and Particular LienView Here
Force Majeure Clauses in ContractsView Here
Is Employment Bond Legal in India?View Here
Special ContractsView Here
Tacit ContractsView Here
Bilateral AgreementView Here
Boilerplate Clause in a ContractView Here
Commercial AgreementsView Here
Differences Between Non-Compete and Non-Solicit ClausesView Here
Quid Pro Quo in ContractsView Here
What are Secondment Contracts?View Here

Note: For books on Law of Contracts, click here.

For notes on other subjects, click here.

For case briefs and analysis, click here.

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Aishwarya Agrawal
Aishwarya Agrawal

Aishwarya is a gold medalist from Hidayatullah National Law University (2015-2020). She has worked at prestigious organisations, including Shardul Amarchand Mangaldas and the Office of Kapil Sibal.

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