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Indian contract act

Corporate & Other Laws

Please answer it briefly.

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Deborah Susaiyappan

Deborah Susaiyappan

CA Foundation

8K+

26-Sep-20 10:30

415

Answers (3)

The first questions


Thread Starter

Deborah Susaiyappan

Deborah Susaiyappan

CA Foundation

8K+

26-Sep-20 10:33

Consideration may proceed from the promise or any other person who is not a party to the contract. When at the desire of the promisor, the promisee or any other person does something such an act is consideration. Here consideration is flowing form Mr. Sohan to A. Hence the contention of A is not valid.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

26-Sep-20 12:26

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