Tuesday, June 27, 2017

Contract of Guarantee

Contract of Guarantee: A contract of guarantee is a contract to perform the promise or discharge the liability, of a third person in case of...

Undue Influence in Contract Act 1872

⁠⁠⁠⁠ Undue influence: A contract is said to be induced by “undue influence” where the relationship subsisting between the parties are such that one party...

Contract of Indemnity

Contract of Indemnity: Section 124 of Contract Act 1872 states that “A contract by which one party promises to save the other from loss caused...

Essentials of Valid Contract

ESSENTIAL OF VALID CONTACT: Following are the elements which are essential for valid contract.Section 10 of the contract act states that “all agreements are contracts...

Ouster of Jurisdiction of Civil Courts

Introduction: The general jurisdiction of the civil courts to try all suits of a civil nature conferred and recognized by section 9 CPC is subject...

Declaratory Decree under Specific Relief Act

Declaratory decree:Chapter six of the Specific Relief Act 1877 deals with the declaratory decree. Section 42 provides that “any person entitled to any legal...

Recovery of Possession of Immoveable Property

8 Recovery of specific Immovable property:Section 8 provides that, “A person entitled to the possession of specific immovable property may recover it in...

Duress or Coercion in Contract

Definition:Section 15 of the Contract act, defines Coercion as“Coercion is committing or threatening to commit any act forbidden by Pakistan Penal Code or...

Remedies for Breach of Contract

Remedies for breach of contract:Section 73 of the contract Act deals with the consequences of a breach of contract and on the basis of...

Discharge of Contract by Frustration

Introduction:The second para of section 56 Contract Act 1872 states that “A contract to do an act which after the contract is made becomes...

Discharge of Contract by Performance

Discharge of contact.A contract creates an obligation which continues till the contract has been discharged by actual performance. There are other modes of discharge...

Res-Judicata

Res Judicata:The term res-judicata signifies that the matter in dispute has been considered and finally settled and that the adjudication has a conclusive effect...

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