INDIAN CONTRACT ACT, 1872(9 OF 1872) WHEREAS it is expedient to define and amend certain parts of the law relating to contracts;It is hereby enacted as follows:-PRELIMINARYShort title1. This Act may be called the Indian Contract Act, 1872.Extent and commencement-It extends to the whole of India [***]; and it shall come into force on the first day of September, 1872.[***] Nothing herein contained shall affect the provisions of any Statute, Act or Regulation not hereby expressly repealed, nor any usage or custom of trade, nor any incident of any contract, not inconsistent with the provisions of this Act.
* Dated 25-4-1872.The chapters and sections of the Transfer of Property Act, 1882 (4 of 1882), which relate to contracts are, in places in which that Act is in force, to be taken as part of this Act -see Act 4 of 1882, section 4. It has been amended in C.P. by C.P. Act 1 of 1915 and in C.P. and Berar by C.P. and Berar Act 15 of 1938. The Act has been extended to and brought into force in Delhi and Nagar Haveli by Reg. 6 of 1963, section 2 and Sch. I (w.e.f. 1-7-1965), to Goa, Daman and Diu by Reg. 11 of 1963, section 3 and Sch., to the whole of the Union territory of Lakshadweep by Reg. 8 of 1965, section 3 and Sch. and to the Union territory of Pondicherry by Act 26 of 1968, section 3 and Sch.The Act has been extended to and brought into brought into force in the State of Sikkim (w.e.f. 1-9-1984) vide Notification No. S.O. 641(E), Gazette of India, Extraordinary Part II, section 3(ii), dated 24-8-1984..... To read the full section download the app from Google Play store