Contract Law is a form of civil law. The chief component of the contract law in India is the Indian Contract Act , which was enacted in and enforced on September 1, From arbitration enthusiasts to budding sports lawyers, the knowledge of contract law is indispensable to every law student. The fifteen modules of the study material not only cover the ins and outs of the Indian Contract Act but also provide an excellent analysis of key concepts like bailment, partnership, breach of contract, indemnity, etc. Additionally, a part series of important questions based on the syllabus of major university-level and competitive exams has been created to help students master the nuances of contract law. Your valuable feedback in the form of comments or any desired inputs are encouraged and always welcome.
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In this article, the author presents a critique of Section 71 of the Indian Contract Act, Section 71 of the Indian Contracts Act deals with the provisions related to the responsibilities of the finder of the lost goods. It says that when any person finds a lost good belonging to another person and takes those goods into his custody, the finder of lost goods is subject to act as the bailee to the real owner of that goods and he has the same responsibility as a bailee towards the owner of that goods. We are living in a modernized world where everything around us is developing at a rapid pace. Even our Constitution is also modified when some necessary amendments are required which is mentioned under Article of the Constitution of India,
You probably are in your first year, trying to get a grip of the immensely overwhelming law-school atmosphere around you. Or it has been long and you want to see how much you remember from your very first contract classes here. Or you are not in a law school, but contracts fascinate you? Whoever you are, I hope you benefit from this attempt to summarize nearly the most important cases in Indian Contract Law, with obvious references back to the Common Law of England. To make these cases easier to learn and memorize, I have added some keywords at the end of each case.