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Consideration

Consideration

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Published by Soumyadeep Mitra

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Categories:Types, Business/Law
Published by: Soumyadeep Mitra on Feb 16, 2011
Copyright:Attribution Non-commercial

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12/19/2012

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ConsiderationConsideration
Section 10Section 10  Essentials of a valid contract Essentials of a valid contract  Section 23Section 23  What considerations and objects are lawful and what What considerations and objects are lawful and what  not not Section 24Section 24  Agreements void if consideration and object are Agreements void if consideration and object are lawful in part lawful in part Section 25Section 25  Agreement without consideration Agreement without consideration Section 2 (d)Section 2 (d)  DefinitionDefinition
 
  Consideration English LawConsideration English Law
Speciality contractsSpeciality contracts
Parol contractsParol contracts
Quid pro quoQuid pro quo
 
  Indian Law ConsiderationIndian Law Consideration
Ex nudo pacto non oritur actio.Ex nudo pacto non oritur actio.
No action arises from a nude agreement.No action arises from a nude agreement.
Nudum Pactum.Nudum Pactum.
 Agreement without consideration. Agreement without consideration.
Nudum pactum ex quo non oritur actioNudum pactum ex quo non oritur actio
 A bare agreement from which no action A bare agreement from which no actionarises.arises.

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