Month: October 2024
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Discuss the conditions under which a contract can be declared ‘voidable’ under the Indian Contract Act, 1872. How is a voidable contract different from a void contract?
Under the Indian Contract Act, 1872, a contract can be declared voidable under specific conditions where the free consent of one of the parties is compromised, or other certain situations make it unfair to enforce the contract strictly. A voidable contract is unique in that it remains valid and enforceable unless one party chooses to…
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Examine the concept of ‘undue influence’ as per the Indian Contract Act. How does undue influence affect the validity of a contract? Provide relevant examples and case laws
The concept of “undue influence” as per the Indian Contract Act, 1872, is an essential part of contract law that helps to ensure fairness and voluntariness in contractual dealings. Under Section 16 of the Indian Contract Act, undue influence is defined as a situation where one party, due to their position or relationship, is able…