PPT: Agreement-1 | Civil Law for Judiciary Exams PDF Download

 Page 1


Agreement - 1
Page 2


Agreement - 1
Agreements under Indian Contract Act, 1872
Legal Framework
Establishes rules for forming 
valid agreements
Binding Contracts
Defines when agreements 
become legally enforceable
Rights & Obligations
Outlines responsibilities of 
contracting parties
Page 3


Agreement - 1
Agreements under Indian Contract Act, 1872
Legal Framework
Establishes rules for forming 
valid agreements
Binding Contracts
Defines when agreements 
become legally enforceable
Rights & Obligations
Outlines responsibilities of 
contracting parties
A greement
D e f i n i t i o n
An agreement, as per section 2(e) of the Indian 
Contract Act 1872, is essentially a promise between 
two parties with consideration involved.
For instance, a rent agreement between a landlord 
and a tenant where money is the consideration.
Page 4


Agreement - 1
Agreements under Indian Contract Act, 1872
Legal Framework
Establishes rules for forming 
valid agreements
Binding Contracts
Defines when agreements 
become legally enforceable
Rights & Obligations
Outlines responsibilities of 
contracting parties
A greement
D e f i n i t i o n
An agreement, as per section 2(e) of the Indian 
Contract Act 1872, is essentially a promise between 
two parties with consideration involved.
For instance, a rent agreement between a landlord 
and a tenant where money is the consideration.
Essential Aspects of an 
Agreement
Parties
Involves a minimum of 
two parties, but there 
could be more 
depending on the 
circumstances.
Offer
One party must make an 
offer to the other, which 
is reflected in the 
agreement.
Acceptance
The offer made by one 
party must be accepted 
by the other party 
willingly.
Consideration
Refers to the price or 
money involved in the 
promise.
Page 5


Agreement - 1
Agreements under Indian Contract Act, 1872
Legal Framework
Establishes rules for forming 
valid agreements
Binding Contracts
Defines when agreements 
become legally enforceable
Rights & Obligations
Outlines responsibilities of 
contracting parties
A greement
D e f i n i t i o n
An agreement, as per section 2(e) of the Indian 
Contract Act 1872, is essentially a promise between 
two parties with consideration involved.
For instance, a rent agreement between a landlord 
and a tenant where money is the consideration.
Essential Aspects of an 
Agreement
Parties
Involves a minimum of 
two parties, but there 
could be more 
depending on the 
circumstances.
Offer
One party must make an 
offer to the other, which 
is reflected in the 
agreement.
Acceptance
The offer made by one 
party must be accepted 
by the other party 
willingly.
Consideration
Refers to the price or 
money involved in the 
promise.
Invalid Agreements
No Consideration
If there is no consideration 
involved, the agreement is not 
valid.
Restricting Trade
An agreement that restricts one 
party from engaging in any trade 
or business activities is void.
Restricting Marriage
A contract that prohibits one 
party from marrying is invalid.
Restricting Legal Proceedings
Preventing a party from legal 
actions renders the contract 
void.
Impossible Acts
Any condition in the agreement 
that is impossible to fulfill makes 
the agreement null and void.