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Author Name: UNIVERSAL'S Concise Commentary
Publication Year: 2018
Law of contract is the most important branch of mercantile law. It determines the circumstances under which promises made by the contracting parties shall be legally binding on them. It specifies the remedies that are available against a person who fails to perform the contract entered into by him, in a Court of law. It also defines the conditions under which the remedies are available. It not necessarily mean that only the business people are affected. It affects the entire society. That is, it affects all of us in one way or the other. When a person purchases a book, or goes to cinema, or gives his car to the mechanic for repair etc., he enters into a contract. Hence, the Contract Act is considered as the most important factor in legal environment. This third edition of Universal’s Concise Commentary - The Indian Contract Act, 1872 has been thoroughly updated and revised. It captures the recent updates in the field of law including latest case law. Just like other books of Universal’s Concise Commentary series this is also of substantial help to law students, academicians, libraries and legal professionals of bar and bench.
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