In the modern era more particularly in the beginning of twenty-first century, commercial transactions are growing considerably. The law of contract has assumed great importance due to ever changing commercial world and political, economic transformation. The law of contract in India has found its roots in English Common Law, developed over years and finally took the form of Indian Contract Act, 1872. The role of Indian judiciary has been very important in its growth since the inception. In the changed scenario in the contractual field of the country with globalisation of trade and commerce and arrival of the multi-nationals, the contract laws are of historical necessity.
The present work makes meticulous analysis of selective case laws on the subject pronounced by the Supreme Court and the High Courts in India in the form of head-notes. Copious headings, subheading and lucid exposition of the case law are given for easy and quick location of any particular topic or point of law. The facts of selective cases are also given and Ruling by the Courts gives an exhaustive approach to the present work. Precedents wherever available have also found their appropriate place.
This classic reference work on law of contract is useful to busy lawyers and jurists particularly and the companies generally where contractual obligations arise in a routine.