Contract Act · 2(h)
‘Contract’ defined
An agreement enforceable by law is a contract.
Library
Civil & Commercial
Indian Contract Act, 1872
1872 · Parliament of India · 266 sections
The general law of contracts in India. Governs offer, acceptance, consideration, capacity, free consent, and remedies for breach.
Most-invoked sections
Contract Act · 10
What agreements are contracts
All agreements are contracts if made by free consent of parties competent to contract, for a lawful consideration, and with a lawful object.
Contract Act · 23
What considerations and objects are lawful
Consideration or object is unlawful if forbidden by law, defeats provisions of law, fraudulent, injurious, or against public policy.
Contract Act · 73
Compensation for loss or damage caused by breach
When a contract has been broken, the party who suffers is entitled to receive compensation for any loss or damage caused thereby which naturally arose in the usual course of things.
The text shown is a working summary used inside Nyaya for grounding and UI preview. For verbatim reproduction, refer to the bare Act published on indiacode.nic.in.