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DISCHARGE OF CONTRACT | BY PERFORMANCE | SECTION - 51 to 54 (Contract Act 1872)
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Hey Everyone!
In this video the concept of Discharge of Contract by Performance is discussed with reference to the following sections
》Section-51 Promisor not bound to perform unless reciprocal promisee ready and willing to perform.
》 Section-52 Order of performance of reciprocal promises.
》 Section-53 Liability of party preventing event on which Contract is to take effect.
》 Section-54 Effect of default as to that promise which should be first performed in contract consisting of reciprocal promises.
alongwith illustrations of the Indian Contract Act 1872.
Link of previously covered chapters is below
1) Contract
2) Void & Illegal Agreement
3) Void & Voidable Contract
4) Unilateral & Bilateral Contract
5) Proposal & Essentials of valid Proposal
6) Types of Proposal
7) Invitation to Proposal
8) Acceptance & Its Essentials (Part-1)
9) Section 4 when communication of acceptance is complete
10) Revocation of Proposal
11) Revocation of Acceptance
12) Modes of Revocation of Proposal
13) Capacity to contract (Part-1)
14) Necessaries supplied to Minor (Section-68)
15) Beneficial Contracts
16) Soundness of mind (Section-12)
17) Consent (Section-13)
18) Coercion (Section-15)
19) Undue Influence (Section-16)
20) Fraud (Section-17)
21) Misrepresentation (Section-18)
22) Section 19 & 19 (A)
23) Bilateral Mistake of fact (Section-20)
24) Effect of Mistake of Law (Section-21)
25) Unilateral Mistake of Fact (Section-22)
26) Consideration Section - 2(d)
27) Privity of Contract
28) Unlawful Consideration (Section-23)
29) Agreement in restraint of marriage (Sec-26)
30) Agreement in restraint of trade (Sec-27)
31) Agreement in restraint of legal proceedings (Section-28)
32) Agreement Void for uncertainty (Sec-29)
33) Wagering Agreement (sec-30)
34) Contingent Contract (Section- 31 to 36)
35) Obligations of parties to contract (Section-37)
**********************************************
Hope you have enjoyed and learned in an easy way
***********************************************
#dischargeofcontract#section51,52,53,54#contractact
In this video the concept of Discharge of Contract by Performance is discussed with reference to the following sections
》Section-51 Promisor not bound to perform unless reciprocal promisee ready and willing to perform.
》 Section-52 Order of performance of reciprocal promises.
》 Section-53 Liability of party preventing event on which Contract is to take effect.
》 Section-54 Effect of default as to that promise which should be first performed in contract consisting of reciprocal promises.
alongwith illustrations of the Indian Contract Act 1872.
Link of previously covered chapters is below
1) Contract
2) Void & Illegal Agreement
3) Void & Voidable Contract
4) Unilateral & Bilateral Contract
5) Proposal & Essentials of valid Proposal
6) Types of Proposal
7) Invitation to Proposal
8) Acceptance & Its Essentials (Part-1)
9) Section 4 when communication of acceptance is complete
10) Revocation of Proposal
11) Revocation of Acceptance
12) Modes of Revocation of Proposal
13) Capacity to contract (Part-1)
14) Necessaries supplied to Minor (Section-68)
15) Beneficial Contracts
16) Soundness of mind (Section-12)
17) Consent (Section-13)
18) Coercion (Section-15)
19) Undue Influence (Section-16)
20) Fraud (Section-17)
21) Misrepresentation (Section-18)
22) Section 19 & 19 (A)
23) Bilateral Mistake of fact (Section-20)
24) Effect of Mistake of Law (Section-21)
25) Unilateral Mistake of Fact (Section-22)
26) Consideration Section - 2(d)
27) Privity of Contract
28) Unlawful Consideration (Section-23)
29) Agreement in restraint of marriage (Sec-26)
30) Agreement in restraint of trade (Sec-27)
31) Agreement in restraint of legal proceedings (Section-28)
32) Agreement Void for uncertainty (Sec-29)
33) Wagering Agreement (sec-30)
34) Contingent Contract (Section- 31 to 36)
35) Obligations of parties to contract (Section-37)
**********************************************
Hope you have enjoyed and learned in an easy way
***********************************************
#dischargeofcontract#section51,52,53,54#contractact
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