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Last five sentences of para 3 mentions types of consideration- Consideration may be past which means that the consideration is given before the promise was made, present or also known as executed consideration means when the consideration is given simultaneously to the promise made or future or executory consideration which implies that the consideration for the promise made is to be passed at a future date.
The National Nodal Agency under section 70A of the Information Technology Act, 2000 shall be responsible for all measures including Research and Develop...
What is the composition of the Appellate Tribunal under the Recovery of Debts and Bankruptcy Act?
Which section of the Indian Evidence Act, 1872 deals with Refreshing memory?
Every prior party to a negotiable instrument is liable thereon to a holder in due course
What authority does the State Government have regarding the jurisdiction of a Commercial Court under the Commercial Courts Act?
Where immoveable property of one person is by act of parties or operation of law made security for the payment of money to another, and the transaction ...
Where is the headquarters of the Securities and Exchange Board of India located?
According to Section 10 of the Transfer of Property Act, 1882 where a condition or limitation absolutely restraining the transferee from parting with o...
Which court has jurisdiction to hear and decide matrimonial disputes under the Hindu Marriage Act?
Rule of Estoppel is contained in Section ………. Of Indian Evidence Act