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Indian contact act,1872 ca foundation doubt
Corporate & Other Laws
What if a offer is not valid because of an element of non compliance which is acceptance due to this the offer is not valid, but the other party has accepted it. is the acceptance valid?
Answers (1)
Under the Indian Contract Act, 1872, an acceptance must comply with the prescribed conditions to be considered valid. Section 7 of the Act defines acceptance as "the signification by the offeree of his willingness to be bound by the terms of the offer." If the acceptance does not meet the requirements outlined in the Act, it may not be considered valid. In situations where an offer is not valid due to non-compliance with the prescribed conditions, and the other party accepts the offer, the acceptance would generally not be valid. The Indian Contract Act requires a valid offer and a valid acceptance to form a legally enforceable contract
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