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Time is the Essence of the Contract

Lesson 26 of 41 β€’ 6 upvotes β€’ 13:20mins

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Shweta Kumar Devgan

This lesson discusses S.46-50 r/w S.55 of the Indian Contract Act. Through Sections, illustrations and case law it explains when time is the essence of the contract and when it is not.

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1

Contextual Background of the Indian Contract Law

9:55mins

2

Section 2- Definition Clause and Types of Offers

14:15mins

3

β€˜Acceptance’ under the Indian Contract Act, 1872

12:52mins

4

Effect of Acceptance and introduction to Ch 1 of ICA (Bare Act)

13:01mins

5

Communication, Acceptance and Revocation

15:00mins

6

Communication, Acceptance and Revocation of Proposals- Part 2

15:00mins

7

Formation of a valid Contract: Part 1

13:59mins

8

Formation of a Valid Contract: Part 2

12:29mins

9

Essentials of a Valid Contract

14:56mins

10

Parties Competent to Contract: Part 1 - Contract with Minor

14:55mins

11

Parties Competent to a Contract: Part 2

15:00mins

12

FACTORS VITIATING CONSENT- PART 1: COERCION

13:58mins

13

FACTORS VITIATING CONSENT - PART 2: UNDUE INFLUENCE

15:00mins

14

Factors vitiating Consent: Part 3 - Fraud and Misrepresentation

15:00mins

15

Factors Vitiating Consent: Part 4- Fraud and Misrepresentation (Contd.)

15:00mins

16

Mistake under the Indian Contract Act

14:03mins

17

Consideration under the Indian Contract Act

14:39mins

18

PRIVITY OF CONTRACT

12:39mins

19

Agreements against Public Policy- Void: Part 1

9:19mins

20

Agreements in Restraint of Trade: Void- S. 27

13:10mins

21

Agreements against Public Policy: Void- Part 3 (Sections 29 & 30 + difference between void & illegal

13:00mins

22

Wagering Agreements: Void

13:17mins

23

Contingent Contracts: S. 31-36 of Indian Contract Act

13:39mins

24

Performance of Contracts + Anticipatory Breach

15:00mins

25

JOINT LIABILITY IN CONTRACTS: S.40-45

14:16mins

26

Time is the Essence of the Contract

13:20mins

27

Reciprocal Promises: S.51-54 +S.57&58 of ICA

14:24mins

28

CLAYTON’s Rule + Appropriation of Payments S. 59-61

10:51mins

29

Frustration of Contract + Rebus Sic Stabtibus

12:57mins

30

EFFECT OF NOVATION & RULE OF WAIVER

12:18mins

31

QUASI CONTRACTS

15:00mins

32

Breach of Contract- Part 1

15:00mins

33

QUANTUM MERUIT

14:04mins

34

Indemnity and Guarantee- Part 1

12:25mins

35

Continuing Guarantee and Discharge of a Surety from Liability

14:25mins

36

RIGHTS OF SURETY & DISTINCTION BETWEEN CONTRACTS OF INDEMNITY AND GUARANTEE

12:56mins

37

DEL CREDERE AGENT + CREATION AND RATIFICATION OF AGENCY

9:16mins

38

LAW OF AGENCY IN A NUTSHELL + MAIN FEATURES OF AN AGENCY

15:00mins

39

DELEGATUS NON POTEST DELEGARE (SUB- AGENTS AND SUBSTITUTED AGENTS) & TERMINATION OF AGENCY

14:09mins

40

DUTIES OF AGENT = RIGHTS OF PRINCIPAL

10:53mins

41

DUTIES OF PRINCIPAL = RIGHTS OF AGENTS + PERSONAL LIABILITY OF AGENTS

13:37mins

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