Question
In which case it was laid that it is not necessary that
the consideration should move from the promisee himself?Solution
The Court held that it is not necessary that the consideration should move from the promisee himself as laid down under section 2(d) of the Indian Contract Act, 1872 which says that ‘Consideration may be given by the promise or anyone on behalf of promisee. Taylor v. Caldwell: The doctrine of impossibility/frustration through destruction of the subject matter was established in this case. NAFED v. Alimenta S.A.: A foreign award was declared as unenforceable on the ground that one of the provisions of the Agreement in question was hit by Section 32 of the Indian Contract Act and thus violative of public policy of India. Dunlop Pneumatic Tyre Co. Ltd. v. Selfridge & Co. Ltd .: Privity of contract- only parties to a contract can sue for a breach of the contract.
What is the objective of the pact signed between RITES and Indian Railway Finance Corporation (IRFC)?
How many quintals of maize were procured under the 'Himbhog' natural farming initiative in Himachal Pradesh?
Which specific date marks the implementation of the revised 50% US tariff on Indian imports?
Which company was ranked as the most attractive employer brand in India in 2023, according to Randstad Employer Brand Research?
In how many districts across India will the NAVYA pilot initiative be implemented initially?
Recently the country's first Display FAB facility was established under Semiconductor Mission programme, it was established in which of the following st...
Who co-chaired the 12th India-Oman Joint Military Cooperation Committee meeting held in Muscat on January 31, 2024?
When is the first prototype of the Advanced Medium Combat Aircraft (AMCA) expected to be ready?
The Centre has extended the GST Compensation Cess till March 31, ________.
What is the maximum weight capacity of the 'Type V Heavy Drop System' recently tested by the Indian Air Force?