Monday, March 20, 2023

Contract and Some Legal Aspects

 Contract and Some Legal Aspects 


According to Section 24 of the Indian Contract Act, 1872 if any part of a single consideration for one or more objects, or any one or any part of any one of several considerations for a single object, is unlawful, the agreement is void. But, S. 24 of Indian Contract Act, 1872 says that where two or more persons have made a joint promise, a release of one of such joint promisors by the promisee does not discharge the other joint promisor or joint promisors neither does it free the joint promisors so released from responsibility to the other joint promisor or joint promisors.

However, S. 14 (b) of Specific Relief Act, 1963 says that a contract, the performance of which involves the performance of a continuous duty which the court cannot supervise cannot be specifically enforced. Although, a contract can be rescinded in terms of Section 27 (1)  of Specific Relief Act, 1963.


Written by 

Vishal

Delhi

Notice : Copyright of above blog and its content including headline vests with Vishal. Above should Not be reproduced in any form in newspapers/websites/Ph.D. thesis/College projects/ law firms' newsletters/law journals/books/book chapters without prior written permission. Fair use should be in terms of Copyright Act, 1957. Any violation will make violator liable for Pecuniary compensation with interest towards the author irrespective of the profit made. All disputes shall be subject to Delhi Jurisdiction.  



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