The Indian Contract Act, 1872
(Act no. 9 of 1872)
CONTENTS
Preamble
Preliminary
1
Short title2
Interpretation clause
Chapter I Of the communication, acceptance and revocation of proposals
3Communication, acceptance and revocation of proposals4Communication when complete5
Revocation of proposals and acceptances6
Revocation how made7
Acceptance must be absolute8
Acceptance by performing conditions, or receiving consideration9
Promises, express or implied
Chapter II Of contracts, violable contracts and void agreements
10What agreements are contracts11Who are competent to contract
12What is a sound mind for the purposes of contracting13"Consent" defined14"Free consent" defined15"Coercion" defined16"Undue influence" defined17"Fraud" defined18"Misrepresentation" defined19Voidability of agreements without free consent19APower to set aside contract induced by undue influence20Agreement void where both parties are under mistake as to matter of fact
21Effect of mistakes as to law
22Contract caused by mistake of one party as to matter of fact23What considerations and objects are lawful, and what not24Agreements void, if consideration and objects unlawful in part25Agreement without consideration void, unless it is in writing andregistered, or is a promise to compensation for something done, or is apromise to pay a debt barred by limitation law
26Agreement in restraint of marriage void27
Agreement in restraint of trade void28
Agreements in restraint of legal proceedings void29
Agreement void for uncertainty30
Agreements by way of wager, void
ChapterIIIOf contingent contracts
31"Contingent contract" defined32Enforcement of contracts contingent on an event happening33Enforcement of contracts contingent on an event not happening34When event on which contract is contingent to be deemed impossible, if it is the future conduct of a living person
35When contracts become void, which are contingent on happening of specified event within fixed time
36Agreements contingent on impossible events, void
ChapterIVOf the performance of contracts Contracts which must beperformed
37Obligation of parties to contracts
38Effect of refusal to accept offer of performance
39Effect of refusal of party to perform promise wholly40Person by whom promise is to be performed
41Effect of accepting performance from third person
42Devolution of joint liabilities43
Any one of joint promisors may be compelled to perform
44
Effect of release of one joint promisor45
Devolution of joint rights46
Time for performance of promise, where no application is to be madeand no time is specified
47
Time and place for performance of promise, where time is specified andno application to be made
48
Application for performance on certain day to be at proper time andplace
49
Place for performance of promise, where no application to be made andno place fixed for performance
50
Performance in manner or at time prescribed or sanctioned by promisee
51
Promisor not bound to perform, unless reciprocal promisee ready andwilling to perform
52
Order of performance of reciprocal promises53
Liability of party preventing event on which contract is to take effect
54
Effect of default as to taht promise which should be first performed, incontract consisting of reciprocal promises55
Effect of failure to perform at fixed time, in contract in which time isessential56
Agreement to do impossible act
57
Reciprocal promise to do things legal and also other things illegal58
Alternative promise, one brach being illegal59
Application of payment where debt to be discharged is indicated60
Application of payment where debt to be discharged is not indicated61
Application of payment neither party appropriates62
Effect of novation, rescission and alteration of contract63
Promisee may dispense with or remit performance of promise64
Consequences of rescission of voidable contract
65
Obligation of person who has received advantage under voidagreement, or contract that becomes void66
Mode of communicating or revoking recission of voidable contract
67
Effect of neglect of promisee to afford promisor reasonable facilities forperformance
Chapter V Of certain relations resembling those created by contract
68Claim for necessaries supplied to person incapable of contracting, or onhis account69Reimburesement of person paying money due by another, in paymentof which he is interested70Obligation of person enjoying benefit of non-grauitous act71Responsibility of finder of goods
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