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    Amity Law School Weekly Progress Report (WPR) - 3: For THIRD Week

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    Lakshay Tewatia
    This weekly progress report summarizes Lakshay Tewatia's work in an online Law of Contracts certificate course. [1] Lakshay studied various types of void agreements under Indian contract law. [2] He learned about wagering contracts and contingent contracts. [3] Lakshay also covered the obligations of parties to a contract, discharge of contracts, and grounds for frustration of contracts, including destruction of subject matter and change of circumstances. His future work will focus on breach of contract and available remedies.

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    Amity Law School Weekly Progress Report (WPR) - 3: For THIRD Week

    Uploaded by

    Lakshay Tewatia
    34 views2 pages
    This weekly progress report summarizes Lakshay Tewatia's work in an online Law of Contracts certificate course. [1] Lakshay studied various types of void agreements under Indian contract law. [2] He learned about wagering contracts and contingent contracts. [3] Lakshay also covered the obligations of parties to a contract, discharge of contracts, and grounds for frustration of contracts, including destruction of subject matter and change of circumstances. His future work will focus on breach of contract and available remedies.

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    WPR3

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    This weekly progress report summarizes Lakshay Tewatia's work in an online Law of Contracts certificate course. [1] Lakshay studied various types of void agreements under Indian contract law. [2] He learned about wagering contracts and contingent contracts. [3] Lakshay also covered the obligations of parties to a contract, discharge of contracts, and grounds for frustration of contracts, including destruction of subject matter and change of circumstances. His future work will focus on breach of contract and available remedies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    34 views2 pages

    Amity Law School Weekly Progress Report (WPR) - 3: For THIRD Week

    Uploaded by

    Lakshay Tewatia
    This weekly progress report summarizes Lakshay Tewatia's work in an online Law of Contracts certificate course. [1] Lakshay studied various types of void agreements under Indian contract law. [2] He learned about wagering contracts and contingent contracts. [3] Lakshay also covered the obligations of parties to a contract, discharge of contracts, and grounds for frustration of contracts, including destruction of subject matter and change of circumstances. His future work will focus on breach of contract and available remedies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    AMITY LAW SCHOOL

    WEEKLY PROGRESS REPORT (WPR) – 3


    For THIRD week

    Enrolment No. – A3221519221


    Program –B.B.A. L.L.B. (Hons)
    Batch - 2019 - 2024
    Student Name – LAKSHAY TEWATIA
    Faculty Guide’s Name – Dr. Anil Kumar Sinha

    Project Title:
    LAW OF CONTRACTS (Online Certificate Course)

    Targets set for the week:


    Void Agreements, Wagering, Contingent, Quasi and Performance of Contracts, Discharge of
    contract, Ground of Frustration

    Progress/Achievements for the week:


    Void agreements [section 2(g)] – “an agreement not enforceable by law is said to be void.” The
    agreements which have declared void by the Act are as follows:-
    (1) Agreements of which consideration and objects are unlawful in part (section 24)
    (2) Agreements without consideration (section 25)
    (3) Agreements in restraint of marriage (section 26)
    (4) Agreement in restraint of trade (section 27)
    (5) Agreement in restraint of legal proceedings (section 28)
    (6) Agreement void for uncertainty (section 29)
    (7) Agreement by way of wager (section 30)
    (8) Agreement to do an Impossible Act (section 56).
    Wagering contract - A wagering contract is one by which two persons professing to hold
    opposite views touching the issue of a future uncertain event, mutually agree that dependant
    upon the determination of that event, or shall win from the other, and that other shall pay or hand
    over to him, a sum of money on other stakes, neither of the contracting parties having any other
    interest in that contract than the sum or stake he will so win or lose, there being no other real
    consideration for the making of such contract by either of parties.
    Contingent Contract[Section 31] – A contingent contract is a contract to do or not to do
    something, if some event collateral to such contract does or does not happen.
    Obligation of parties to contract [Section 37] - The parties to a contract must either perform,
    offer to perform, their respective promises unless such performance is dispensed with or
    executed under the provision of this Act, or of any other law. Promises bind the representatives
    of the promisors in case of the death of such promisors before performance, unless a contrary
    intention appears from the contract.
    DISCHARGE OF CONTRACT
    1. Agreement to do Impossible Act. [Section 56]
    2. Contract to do act afterwards becoming impossible or unlawful [Section 57]
    3. Compensation for loss though non-performance of act known to be impossible or
    unlawful. [Section 58]
    Grounds of Frustration – The principle of frustration of contract or of the impossibility of
    performance is applicable to a great variety of contract. The following ground of frustration are:
    1. Destruction of Subject- matter
    2. Change of Circumstances
    3. Non-occurrence of Contemplated Event
    3. Non-occurrence of Contemplated Event

    Future Work Plans:


    To know about Breach of Contract and Remedies

    Regards 
    Lakshay Tewatia

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