Consideration Under Indian Contract Act 1872

By Souvik Chattrejee | February 11, 2019

A contract, in order to be valid requires nine essential elements. One of those essential elements is Consideration. Subject to certain exceptions, an

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Doctrine of Frustration | Explained
Important Doctrines/Principles under Contract Law
Restraint of trade | ‘A’, a Doctor, employed another Doctor ‘B’ as assistant for a period of 3 years on a salary of Rs. 3,000/- per mensem. There was an agreement between ‘A’ & ‘B’ which provided that after the termination of his employment, ‘B’ shall not practice as a Doctor… ‘A’, thereupon, sued ‘B’ for the recovery of Rs. 50,000/-. Decide.
Performance of the contract | A contract is a contract from the date it is made and not from the date on which its performance is due’. Discuss with reference to statutory provisions and case law.