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Act NameSection NoChapter NameBare ActMeaning / Objective / Illustration / ExceptionCase Study Id
Indian Contract Act3CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSCommunication, acceptance and revocation of proposals.

Whenever a person makes an offer, accepts an offer, or withdraws (revokes) an offer or acceptance, it must be communicated by words, writing, conduct, or any act or omission that shows an intention to communicate or actually communicates it to the other person.

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Indian Contract Act4CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSCommunication when complete.
An offer, acceptance, or revocation does not become legally effective merely because it is made. It becomes effective only when the law considers the communication complete.
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Indian Contract Act5CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSRevocation of proposals and acceptances.
A person who makes an offer can withdraw it any time before the acceptance is dispatched by the other party. Similarly, the person accepting the offer can withdraw the acceptance before it reaches the offeror.
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Indian Contract Act6CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSRevocation how made.
An offer does not remain open forever. It can end if the offer is withdrawn, if the time for acceptance expires, if required conditions are not fulfilled, or if the offeror dies or becomes mentally incapable and the other party learns of it before accepting.
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Indian Contract Act7CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSAcceptance must be absolute.
A person accepting an offer must agree to all its terms exactly as they are, without making any changes. The acceptance should also be communicated in the manner required by the offer, or in a usual and reasonable manner if no specific mode is prescribed.
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Indian Contract Act8CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSAcceptance by performing conditions, or receiving consideration.
If an offer asks you to do a particular act, and you perform that act, your conduct itself amounts to acceptance. No separate communication of acceptance is necessary.
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Indian Contract Act9CHAPTER I OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALSPromises, express and implied.
If the parties clearly state or write their offer and acceptance, it is an express promise. If their actions or conduct show that they intended to make a contract, it is an implied promise.
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Indian Contract Act10CHAPTER II OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTSWhat agreements are contracts.
Every agreement is not a contract. An agreement becomes a contract only if it satisfies all the legal requirements laid down in the Indian Contract Act.
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Indian Contract Act11CHAPTER II OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTSWho are competent to contract.
Not everyone can make a legally binding contract. A person can enter into a valid contract only if they are an adult (major), of sound mind, and not prohibited by law from contracting.
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Indian Contract Act12CHAPTER II OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTSWhat is a sound mind for the purposes of contracting
A person is of sound mind if, at the time of making the contract, they understand what they are agreeing to and can make a sensible decision about how it will affect them.
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