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Consideration under the Indian Contract Act, 1872: Meaning, Essentials and Exceptions

An agreement is not necessarily a legally enforceable contract. For an agreement to become a contract, the law generally requires…

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Counter-offer and Conditional Acceptance under Indian Contract Law

A contract is formed only when the offeree accepts an offer on the terms on which it was made. During…

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Revocation and Lapse of Offer under the Indian Contract Act, 1872

An offer, known as a proposal under the Indian Contract Act, 1872, does not remain open indefinitely. Before acceptance, an…

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Postal Rule and Instantaneous Communication in Contract Law

The postal rule is an important principle governing the communication of acceptance in contract law. Under the rule, an acceptance…

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Communication of Offer and Acceptance under Sections 3–4 of the Indian Contract Act, 1872

The communication of a proposal, acceptance and revocation is an important part of contract formation under the Indian Contract Act,…

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Acceptance under Indian Contract Act 1872

Acceptance is the final and unqualified expression of assent to the terms of a proposal. Under Section 2(b) of the…

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Tenders, Auctions and Advertisements in Contract Law

Advertisements, tender notices and auction calls do not automatically constitute offers under Indian contract law. They are generally treated as…

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Invitation to Treat vs Offer

An offer and an invitation to treat are different stages in the formation of a contract. An offer is a…

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Types of Offer under the Indian Contract Act, 1872

Understanding these types is important because the classification determines who can accept the offer, how acceptance takes place, and when…

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What Is a Proposal Under Section 2(a)?

Section 2(a) of the Indian Contract Act, 1872 defines a proposal as a situation where one person signifies to another…

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