Daily Email Newsletter (Sign-up Free)

Section 1, Contract Act 1872: Short Title

Section 1 of the Contract Act, 1872 of India - 'Short title', is reproduced hereunder:—

“This Act may be called the Indian Contract Act, 1872.

Extent and commencement—It extends to the whole of India except the State of Jammu and Kashmir; 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Nothing herein contained shall affect the provisions of any Statute, Act or Regulation not hereby expressly repealed, nor any usage or custom of trade, nor any incident of any contract, not inconsistent with the provisions of this Act.”

Extra Notes for Readers

(1) 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, a. 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.

(2) The words "except the State of Jammu and Kashmir" were substituted for "except Part B States" by Act 3 of 1951, s. 3 and Sch.

(3) In the 3rd para, just before the words 'Nothing herein', the words "The enactments mentioned in the schedule hereto are repealed to the extent specified in the third column thereof but" were repealed by Act 10 of 1914.

(4) This Act shall come into force in the State of Sikkim on 1-9-1984 vide Notifn. No. s.o. 641 (E), dated 24.8.1984 Gaz. of India, Exty. Pt.II, See. 3 (ii).

Extended to and brought into force in Dadra and Nagar Haveli (w.e.f. 1-7-65) by Reg. 6 of 1963, s.2 & Sch. I.

Extended to Goa, Daman and Diu by Reg. 11 of 1963, s.3 & Sch.

Extended to the Union territory of Pondicherry by Act 26 of 1968, s.3 and Schedule.

Extended to Lakshadweep (formerly known as the Laccadive, Minicoy, and Aminidivi Islands) (w.e.f. 1-10- 1967):vide Reg. 8 of 1965, s.3 & Sch.

No comments:

Post a Comment

In comment with "Name/Url" option, only Name is mandatory to be filled.