CONSIDERATION Defimifion of Conideratio, undix Section 2(d) Section 2(d), Tndian Cortract At , 1872 dleferes consideration as under i "When, ot the deacre of the promcson » the Promises on any otter perron has done On pxomue U called a cored for the promnee . thera. u Contideration te be gute ” the promisor” Consideration to be quer Osu oun other perm ‘ be the promisee » Corridenstion may be past , present ov Julie in $0 far cs clepinitim says that the prom ¢ has done os abstainesl from doing i doer on abualarns from doingm promis t do ox te alratrin . something . from doing 4 There shewtd be some act , alslineree or promue by the promt, cohich Constifuhes consideration fom the promise a Comideratin only at the desire of the promisor fe ix cuentint thal He consideration oe aun been user ot ee BO op the Promisor » vabhor tan wurely veluntasily oy at Hu instance of Some ture party Case sregerduy 2 Conridvruulier. by Promiee tr ony ofher person (Privity of Comideration) pding to Ordian lees, consideraliion olter person, bul ™ England the. position u diferent , tare the vule U considuralion nag oak from the promuce cure mobedy ele thin — Durga Prosad V Balde ‘Scanned wih CamScannerPrivity of Contrack The doctrine of privity of combrack Es onty pertons usta ane partir fy tha contract Can enforce the coma A atranger to the contract tanmok enfores a conbrach even thou Che a racy hawt teen entered and aad Ma benefit. Te has been noted thar a pesen “8G junselp quien ony covuideratio the confaack ra he mot hate bub he can afore ‘Scanned wih CemScannerthe promuoy. Tindien Conbnast Act recognises only such couideralion Urtich har been Quien of the desire of the promicar , rather than veobuntialy . SE consideration has Leon given voluntarily pik ig mo Comderafin, Prorert Comsideralion (Stan one op the put t the corbract has performed Aus part of the Premnue luhith contifitie the considvrabion for tha promise by the othe sles Ib Lymn as execulid Ptorcidenabion Execulid conrcdrdlion, mray be hesbngucihed execubled Pe eee ten tee cree lo sea lire w provided Simullaneourly along woth the making of conbrack » On the otter hand conuiderabim U provided Prior ‘Scanned with CamScannera mon excitint » at the Gre of providing considera- | tow Fubuse Corstdiration Shen ore Perron maker @ promus Un exchange do the promaue og the other side , The performance of obligatin, bey otha srcde To each other OF mad eebieguent for the rukay of conbiaet” Something be Ack, Promcic by the promutsce Coutiliks, eornrideration Comiideralion veceuted by me of the fore asec lOhen Here are several jowt promusont but consideration har been veeeued bg oly ou eof them, hat i sufficient conrsdiration fo as te bind ofter jouw promuers also, Cose — Andhra Bank v. Anantnath Goel Conscdirabion need not be adeyure A contiact woth supported by consideration i valid ensespeclir of the ‘Scanned with CamScannerfact that the eonsideration inadequate Accrdiy & explaination 2 te Seclion 25 4 Le Confiacl Ack , 1872 An agreement’ te which the consent of he promusr is precly giiten tu mot vod merely ee ee, ee but the inadepuacy of the consideration Court in deleaminuy tu pusction whether Hr cout of tHe promiar Was freely gutsen Coviderafion must be veal Although (E ts not necessary Comucderation ahouwld be adept , it a it sheulf be real and ghouls! rot Le cenrscbs baectiel that -the heer necevar tol Th Ushi ¥ Buutt , 14m used & complacr his father that his bottou had leon quien Tove, proply . “The father promised that he would veleare the som from a debt if the aftin topped Complaining . fitter fata, death oun ackon was brought by the ecules ‘Scanned with CamScannerfe veceven tle clebt Son cortindsd that the father bad made a conliinct ta release hun prom tha debt corrideralion for his prmuse mat te bore hiv father Jt was held thal jk was nob @ good corsideralion fo fathers prnise yelease bun -therefove the sm tortious te be Labbe for the det Performance of an existing legal oledy U mo consideration mm ord ta coutilick preper constdralion He shewih be a) prernee to oo sometiisy Be fare eles ancien already bound | te de U ne consideration, . Case- Colling b Godefroy. Te ee ceeeee of an exishog duty to a thine ra LJhethir Performance of an exis tory clay fowls a third party constitecis considerati. in veapect of another contract wsubseqpertly enbired inte come tin for consideration im Shadwell Shadewell . J Pafomancee af. Such & oluty rues good. ¢ was Ale that ‘Scanned wih CamScannerCoucduatia, on vrupek GF subse! promise Promise be pay (es anount Than dice - The Rule mm Pinncls Care. An agremnent fe pry amall 42m im hem of a bag sum not burdug as the agreement iu witheut consideration fone [Sen ts Coote EC Ove eNO ion Jn Alliance Rank h Broom , the plaintify Bonk asked the dyfendant secrtily por overdraft taken ley him. The deferdant thereupon promded te assim Cernlacn document of: ett fo tHe prrpete . Sultan thy he pefused te de the Same and Bank sucd him th enforce The Prrmue. Jt was held that ener thoryh jt hoo pot’ been mentioned Ly the Rank rat it wad ocbear be suc for ony Specified Gime but sere degrer of fev beanance Was obuveusly there cord this coutibiey de the Pree whieh Was exrforcealdle . ‘Scanned with CamScannerConclusion Conskeration U me Of the essential elements 4 a valdd cba ; for + combiack & be valid it munt be backed Gy Ste sort of conederalio, Gererally , Consideration means b Gt somefhing and te pire Somefhing . It is nol neeediany that condideralion should alway: be tanpbl, In vulicre , infargihle Consideration abso voted. Ths, Comsidorahin legal tanm Used in the tense % Guid Pro Que Urhich neque domnethirey tn suelian | ‘Scanned wih CamScanner