Tag: acceptance under contract law

Law Notes, WRITE-UPS

REVOCATION (Section 5 Indian Contracts Act)

A contract becomes valid  when there is an offer and acceptance of that offer. And there are various other  requirements which are to be fulfilled , as free consent,  competency lawful consideration. Consensus ad idem which means meeting of the minds for the formation of a contract is also an essential

Case Brief, Law Notes

Hargopal vs People’s Bank of Northern India Ltd |Explained!

The case deals with the acceptance of the subsequent condition. The term “condition” is used broadly in contract law, and it is used commonly associated with “terms,” “condition,” or “clause.”