Contract formation in India: Law and practice

Nuggehalli, Nigam (2018) Contract formation in India: Law and practice. In: Formation and third party beneficiaries. Oxford Academic, Oxford, pp. 64-92. ISBN 9780191845994

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Abstract

This chapter examines the law on the formation of contracts in India. The Indian Contract Act 1872 is significant as it is the first successful attempt to codify the English common law of contract in the British Commonwealth. The Act was then transplanted to other jurisdictions in the British Commonwealth. The preamble of the Act makes it clear that it is intended to ‘define and amend certain parts of the law relating to contract’; therefore the Act does not exhaustively set out the rules of contract law. Interesting issues follow relating to the precise ambit of the Act, and the areas where there continues to be room for common law development, whether novel and unique to India, or adopted into Indian law after considering the common law developments in other jurisdictions. One issue relates to the postal acceptance rule which does not state that it is an exception to the instantaneous communication rule. Another issue relates to whether the Act permits the accommodation of a subsequent development in the English common law.

Item Type: Book Section
Authors: Nuggehalli, Nigam
Editors:
Editors
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ORCID
Chen-Wishart, Mindy
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Loke, Alexander
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Vogenauer, Stefan
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Document Language:
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English
Subjects: Social sciences > Law > Private law
Social sciences > Law > Laws, regulations & cases
History & geography > History of Asia
Divisions: Azim Premji University - Bengaluru > School of Public Policy and Governance
Full Text Status: None
URI: http://publications.azimpremjiuniversity.edu.in/id/eprint/7242
Publisher URL: https://doi.org/10.1093/oso%2F9780198808114.003.00...

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