Contract Law – Notes, Case Laws And Study Material

Contract Law is a form of civil law. The chief component of the contract law in India is the Indian Contract Act, which was enacted in 1872 and enforced on September 1, 1872.

From arbitration enthusiasts to budding sports lawyers, the knowledge of contract law is indispensable to every law student. Legal Bites has created the most comprehensive course on Contract Law you’ll find online. The fifteen modules of the study material not only cover the ins and outs of the Indian Contract Act but also provide an excellent analysis of key concepts like bailment, partnership, breach of contract, indemnity, etc.

Additionally, a 10-part series of important questions based on the syllabus of major university-level and competitive exams has been created to help students master the nuances of contract law.

Important articles and study material on Contract Law – Click on the links to Read:

Module I

1. Historical evolution of contract law in India
2. Introduction and Nature of Indian Contract Act, 1872
3. Meaning of contract and other definition as per Indian Contract Act, 1872
4. Types of Contract
5. Essentials of a Valid Contract under The Indian Contract Act
6. 8 Contract Law Doctrines; You Must Know

Module II

1. Offer and Acceptance (Overview)
2. Offer- Types and Invitation to Treat
3. Acceptance
4. Revocation- Meaning and Modes
5. Capacity to Contract

Module III

1. Consent of the parties
2. Meaning and ingredients of “Free Consent”
3. Effect of Coercion, Undue Influence, Fraud, Misrepresentation
4. Effect of Mistakes

Module IV

1. Consideration Under the Indian Contract Act 1872
2. Exception to the Rule of Consideration
3. Lawfulness of Consideration
4. The Lawfulness Of Object And Consideration
5. Privity of Contract and Consideration

Module V

1. Voidable agreements
2. Void agreements
3. Contingent Contracts: Concept and Scope

Module VI

1. Formation of contract by Click Wrap, Shrink Wrap and Via Exchange of E Mails
2. Jurisdictional Issues
3. UNCITRAL Model of Law on Electronic Commerce 1996

Module VII: Performance Of Contract And Discharge

1. Contracts which must be performed
2. Time and Place of Performance
3. Subsequent impossibility or unlawfulness- effect
4. Contracts which need not be performed

Module VIII

1. Quasi Contracts And Claim For Compensation
2. Reimbursement of person paying money due by another
3. Obligation of person enjoying benefit of non-gratuitous act
4. Responsibility of finder of goods
5. Liability of person to whom money paid by mistake or under coercion
6. Consequences Of Breach Of Contract

Module IX

1. Need for indemnity to facilitate commercial transactions
2. Insurance contract and Indemnity in India
3. Rights of Indemnity-Holder
4. Nature of Indemnity Clauses

Module X

1. Guarantee: Concept, Definition and Basic Essentials for a valid guarantee contract
2. Nature, Duration & Termination of Surety’s liability
3. Various judicial interpretations to protect the surety
4. Co-Surety and manner of sharing liabilities and rights

Module XI

1. Bailment: Concept And Definition
2. Bailment contracts in day to day life
3. Duties of a Bailee and a Bailor
4. Rights of Bailor and Bailee
5. Finder of goods as a Bailee

Module XII

1. Concept/Definition of Pledge
2. Pledge & Bailment : Difference & Comparison
3. Rights of the Pawner & Pawnee
4. Right of sale of the pledged goods

Module XIII

1. Concept/Definition of Agency
2. Difference Between Servant And Agent
3. Various Methods of Creation of Agency
4. Liability of the principal for acts of the agent including misconduct & tort

Module XIV

1. Introduction to the Specific Relief Act
2. Recovery of Possession of Property
3. Specific Performance of Contracts
4. Rectification of instruments
5. Rescission of contracts
6. Cancellation of Instruments
7. Declaratory Decrees
8. Preventive Relief

Module XV: Partnership Act

1. Partnership: Concept, Definition and Essentials
2. Partnership & Private Limited Company : Advantages & Disadvantages
3. Properties of Firm
4. Formation of Partnership | Indian Partnership Act, 1932
5. Test of Partnership: Explanation, Components & Case Laws
6. Partnership and other associations
7. Implied authority of a partner
8. Mutual Relationship between Partners
9. Registration of Firms and the Effect of non-registration
10. Rights and duties of Partners
11. Kinds of partners
12. Minor as a partner
13. Relation of Partners to third parties
14. Admission & Outgoing of Partners
15. Registration & Dissolution of Partnership
16. Reconstitution of a firm

Other articles

1. Fraud, Misrepresentation and Mistake under the Indian Contract Act
2. Promissory Estoppel – Meaning and Explanation
3. Surety’s Liability: Judicial Interpretation
4. A Brief Analysis On Wagering Agreements
5. Remedies For The Breach Of Contract
6. Remedies available under the Specific Relief Act, 1963

Law of Contract Mains Questions Series: Important Questions for Judiciary, APO & University Exams

1. Law of Contract Mains Questions Series Part-I
2. Law of Contract Mains Questions Series Part-II
3. Law of Contract Mains Questions Series Part-III
4. Law of Contract Mains Questions Series Part-IV
5. Law of Contract Mains Questions Series Part-V
6. Law of Contract Mains Questions Series Part-VI
7. Law of Contract Mains Questions Series Part-VII
8. Law of Contract Mains Questions Series Part-VIII
9. Law of Contract Mains Questions Series Part-IX
10. Law of Contract Mains Questions Series Part-X

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