Indian Contract Act (Page 8)

59. Application of payment where debt to be discharged is indicated. Where a debtor, owing several distinct debts to one person, makes a payment toRead More →

60. Application of payment where debt to be discharged is not indicated. Where the debtor has omitted to intimate, and there are no other circumstancesRead More →

61. Application of payment where neither party appropriates. Where neither party makes any appropriation, the payment shall be applied in discharge of the debts inRead More →

62. Effect of novation, rescission, and alteration of contract. If the parties to a contract agree to substitute a new contract for it, or toRead More →

63. Promise may dispense with or remit performance of promise. Every promise may dispense with or remit, wholly or in part, the performance of theRead More →

64. Consequence of rescission of voidable contract. When a person at whose option a contract is voidable rescinds it, the other party thereto need toRead More →

65. Obligation of person who has received advantage under void agreement, or contract that becomes void. When an agreement is discovered to be void, orRead More →

66. Mode of communicating or revoking rescission of voidable contract. The rescission of a voidable contract may be communicated or revoked in the same manner,Read More →

67. Effect of neglect or promise to afford promisor reasonable facilities for performance. If any promisee neglects or refuses to afford the promisee reasonable facilitiesRead More →

68. Claim for necessaries supplied to person incapable of contracting, or on his account. If a person, incapable of entering into a contract, or anyoneRead More →

69. Reimbursement of person paying money due by another, in payment of which he is interested. A person who is interested in the payment ofRead More →

70. Obligation of person enjoying benefit of non-gratuitous act. Where a person lawfully does anything for another person, or delivers anything to him, not intendingRead More →

71. Responsibility of finder of goods. A person who finds goods belonging to another, and takes them into his custody, is subject to the sameRead More →

72. Liability of person to whom money is paid, or thing delivered, by mistake or under coercion. A person to whom money has been paid,Read More →

73. Compensation of loss or damage caused by breach of contract. When a contract has been broken, the party who suffers by such breach isRead More →

74. Compensation of breach of contract where penalty stipulated for. When a contract has been broken, if a sum is named in the contract asRead More →