Agreement Under Indian Contract Act 1872

Section 2(b) of the Indian Contracts Act, 1872 defines acceptance as “if the person to whom the proposal is submitted gives his or her consent, the proposal shall be deemed to have been approved. A proposal, if adopted, becomes a promise. 3. Fraud (section 17): “fraud” means any act or concealment of essential facts or misrepresentations made knowingly by a party, with its duality or by its agent, for the purpose of deceiving another part of its agent or inciting it to enter into the contract. Simple silence is not a scam. a contractor is not required to disclose all or part of the other party. There are two exceptions where even simple silence can be fraud, one is where there is a duty to speak, so silence is fraud. or if silence is in itself synonymous with language, such silence is a scam. Section 25 provides that any contract is without consideration, as it is considered the nature of a contract. However, under section 23, there are certain considerations that would be illegal: an agreement that restricts a person to assert his or her legal rights is void on grounds of public policy, as it violates the competence of the judicial authorities. Among the reasons for the nullity of a contract are the use of illegal means, inability to conclude a contract, impossibility, etc. For example, if A has entered into a contract with B to smuggle contraband into a city, such an agreement is not applicable under the law. This is explained by the fact that the object of the contract was illegal and contrary to public policy.

In S.V. Narayanaswamy v. Savithramma 2013R.F.A. No. 1163 of 2002 c/w R.F.A.Nr. 1164 of 2002 Karnataka High Court, the complainant attempted to prove the existence of an oral agreement which was vehemently affirmed with regard to the sale of immovable property. Since the complainant had to show that she approached the entire property by presenting cheques in several amounts. By the various exhibits which indicated a whole, the Tribunal confirmed the existence of the oral agreement on the basis of an examination of the evidence submitted. A contract defined in section 2(h) of the Contract Act 1872 (hereinafter referred to as “the Act”) means “any legally applicable agreement”. Contracts can be written using formal or informal terms or be entirely oral or oral.

In addition, section 48 of the Registration Act 1908 provides that all insentary documents duly registered under this Act and relating to movable or immovable property shall take effect against any provision, agreement or declaration relating to such property, unless the agreement or declaration has been accompanied or followed by the surrender of the property. Written agreements are all forms of agreements that are reduced to the written form in a given format. It is the series of promises and conditions of an agreement, reduced on paper, in a simple text composition and is the star of the expression. Existing written agreements have greater probative value in court because they are easier to read and understand. It also has simpler and greater applicability in court or in a dispute An oral agreement is as valid as a written agreement….

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