Fundamentals of Contract Law in India
A comprehensive program covering the fundamental principles of contract law in India, including essential elements, enforceability, breach, remedies, and case studies.
Enroll now for early access of e-LMS
Online
Corporates
Beginner
1 hours
Law, Law Professionals
About
This program provides a deep dive into the key aspects of contract law in India, governed primarily by the Indian Contract Act, 1872. It explores the legal framework surrounding agreements, consideration, free consent, void and voidable contracts, and breach remedies. Participants will gain practical insights through case studies and real-world applications, making it ideal for students, legal professionals, and business executives.
Aim
- To provide a foundational understanding of contract law in India.
- To enable learners to analyze and interpret contractual obligations and rights.
- To familiarize participants with legal remedies available for breach of contract.
- To offer practical applications through case laws and examples.
Program Objectives
- Explain the essential elements of a valid contract under Indian law.
- Discuss the various types of contracts and their legal implications.
- Analyze enforceability, performance, and breach of contracts.
- Provide knowledge on legal remedies and dispute resolution mechanisms.
- Apply contract law principles to real-world scenarios.
Program Structure
Module 1: Introduction to Contract Law
- Definition and significance of contracts
- Historical evolution of contract law in India
- Overview of the Indian Contract Act, 1872
Module 2: Essential Elements of a Valid Contract
- Offer and acceptance
- Consideration and legality of object
- Capacity to contract
- Free consent (coercion, undue influence, fraud, misrepresentation)
Module 3: Types of Contracts
- Void, voidable, and illegal contracts
- Contingent and quasi-contracts
- Standard form contracts
Module 4: Performance and Breach of Contract
- Rules regarding contract performance
- Remedies for breach of contract
- Specific performance and injunctions
Module 5: Case Studies & Practical Applications
- Landmark Indian contract law cases
- Contract drafting essentials
- Dispute resolution and arbitration
Participant’s Eligibility
- Law students and aspirants preparing for judiciary exams
- Legal professionals seeking a refresher on contract law
- Business executives and entrepreneurs dealing with contracts
- Any individual interested in understanding Indian contract law
Program Outcomes
- In-depth knowledge of contract law fundamentals in India
- Ability to analyze and interpret contracts effectively
- Understanding of legal remedies for breach of contract
- Practical skills for drafting and reviewing contracts
- Awareness of case laws and dispute resolution mechanisms
Fee Structure
Discounted Fee: INR 5999 USD 85
Batches
Certificate
Program Assessment
Certification to this program will be based on the evaluation of following assignment (s)/ examinations:
| Exam | Weightage |
|---|---|
| Final Online Exam | 50% |
| Project Report Submission (Includes Mandatory Paper Publication) | 50 % |
To study the printed/online course material, submit and clear the mid term assignments, project work/research study (in completion of project work/research study, a final report must be submitted) and the online examination, you are allotted a 1-month period. You will be awarded a certificate, only after successful completion/ and clearance of all the aforesaid assignment(s) and examinations.
Program Deliverables
- Access to e-LMS
- Paper Publication Opportunity
- Self Assessment
- e-Certification
- e-Marksheet
Future Career Prospects
- Advancement in corporate law firms
- Opportunities in in-house legal teams of businesses
- Roles in arbitration and dispute resolution
- Pathway to judiciary and legal academia
- Foundation for further legal specialization in contract and commercial law
Job Opportunities
- Corporate Legal Counsel
- Contract Manager
- Legal Consultant
- Compliance Officer
- Litigation Associate
Disclaimer
This program provides educational content for informational purposes only and does not constitute legal advice. Participants should consult a qualified legal professional for specific legal concerns.
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