TORTS ABSTRACT

TOPIC- FRAUD

Fraud is defined in simple words as cheating or to cheat someone, active concealment of

facts. As per section 17 of INDIAN CONTRACT ACT, 1872 the following acts constitute a
fraud: A wrong statement by a person who knows that the statement is wrong, active
concealment of the fact by a person who has the knowledge of the fact, a promise without
intention of performing it, any other act that fit to deceive ( cheat), any other act which the
contract act specifically declares to be fraudulent. Fraud covered wide scope and is defined
under many acts like contract, IPC, company law and many other acts.

It is general rule that if seller remains silent and he does not disclose the facts which might
affect the willingness of buyer to purchase the goods such silence of seller will not amount to
fraud.

These abovementioned points is a brief about the fraud. In this project I will discuss about the
abovementioned points in detail. I will explain or describe above points with the help of
practical examples. I will explain the fraud with the help of case laws and explain different
interpretation of fraud given in different acts.
 TORTS SYNOPSIS

OBJECTIVE OF THE STUDY:

The objective of research are-

1. To understand the concept of fraud in detail.

2. To understand how fraud is interpreted and used in different acts.

3. To learn how courts apply fraud in the real situation (case laws).

RESEARCH QUESTION:

The research question helped in providing adequate emphasis to the core issue of the research
and based on the issue the research study use to be conducted. Therefore, as the research
question focus on the core issue of the research study, it plays important role in this study.

1. whether the fraud has real life application and how fraud interpreted in different acts?

2. whether fraud interpreted in wider sense or shorter sense?

RESEARCH METHODOLOGY:

The study is based on the doctrinal method of research and both primary and secondary
sources are taken into consideration while making it like websites, books, and other internet
sources. This research deals with collecting & analysing information within the boundaries of
the topic.

SCOPE OF THE STUDY:

The scope of the study is wide because in this project I will discuss about concept of fraud
not only given in contract act but also given in IPC, company law etc. and also explain the
concept of fraud with the help of practical examples and case laws.

SIGNIFICANCE OF THE STUDY:

The project helps me to understand about the concept of fraud and how people frauded in the
real life with the help of case laws.

Name – AMANDEEP MALIK

Roll No – 19LLB076