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Section 207 of the Indian Contract Act, 1872. | Vidhi Judicial Academy

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Home/Indian Contract Act, 1872/Section 207 of the Indian Contract Act, 1872.

Bare Acts · Major Laws · Indian Contract Act, 1872 · English Medium Bare Acts

Section 207 of the Indian Contract Act, 1872.

1 min read

Revocation and renunciation may be expressed or implied.—

Revocation and renunciation may be expressed or may be implied in the conduct of the principal or agent respectively.

Also Check: The Indian Contract Act Free One Liner Notes

Illustration

A empowers B to let A’s house. Afterwards A lets it himself. This is an implied revocation of B’s authority.

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Section 1 of the Indian Contract Act, 1872.Short title. This Act may be called the Indian Contract Act, 1872. Extent, Commencement. It extends to the…Section 2 of the Indian Contract Act, 1872.Interpretation-clause. In this Act the following words and expressions are used in the following senses, un…Section 3 of the Indian Contract Act, 1872.Communication, acceptance and revocation of proposals. The communication of proposals, the acceptance of pr…Section 4 of the Indian Contract Act, 1872.Communication when complete. The communication of a proposal is complete — when it comes to the knowledge o…Section 5 of the Indian Contract Act, 1872.Revocation of proposals and acceptances. A proposal may be revoked at any time before the communication of…Section 6 of the Indian Contract Act, 1872.Revocation how made. A proposal is revoked— (1) by the communication of notice of revocation by the propose…Section 7 of the Indian Contract Act, 1872.Acceptance must be absolute. In order to convert a proposal into a promise, the acceptance must— (1) be abs…Section 8 of the Indian Contract Act, 1872.Acceptance by performing conditions, or receiving consideration. Performance of the conditions of a proposa…

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