Legal Rules Related to Consideration | Explained by Advocate Sanyog Vyas
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- เผยแพร่เมื่อ 21 ต.ค. 2016
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You explain in amazing way !!!!!!
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Hi, in the example about the collector and the contractor, though the construction of market was as per as the collector's desire but the contract between the shop keeper and the contractor was not for the construction but it was for the purpose of modifying the design of the shop to accommodate the shop keeper's need.
Design all together was the contractor's prerogative, design was not as per as the desire of collector, therefore when the contractor enters into the contract with shopkeeper to modify the design, a new independent contract forms which has nothing to do with the contract of construction between collector and the contractor.
Therefore, I am of an opinion that the contract with shopkeeper for modifying the design should be held valid and sales commission should be granted in his favour.
Sir, this is an opinion of mine and I would request you to correct me, wherever I am wrong.
Is there anything done beside of the contract between collector and contractor? Is there any consideration have paid between them?
No,thats why this is not valid contract because it is violation of sec 25 of particular act
What i meant to say was that contract between collector and contractor is 1st contract under which contractor is supposed to make a market for which he shall be paid. Whereas the contract between shopkeeper and contractor was a contract to modify the shop as per shopkeeper's specifications of design, thats a new, seperate and contract independent of 1st contract. Both these contract are mutually exclusive as per the facts stated. Thus in second contract there are 2 set of reciprocal promises forming consideration from each other. Shopkeeper has promised commission and contractor has promised to modify design thus there is consideration. It is valid contract as per facts stated.
@@vicky14607 yess I thought the same
@@vicky14607 i am a little confused regarding this point. Why cant the commission be consideration for making the shop according to the shop keeper's specifications.
Please check out durga prasad v. Baldeo, this case law has been used as the example here.
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Sir I heartily request you makes video of remedies for breach of contract
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Thanku sir ....ap ki har ek bat bht achcha explain kra ta h or hum ko bht achcha se samjha aata h .thanku so much sir
superb... maza aa gyaaa smjne me..
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Are you studying bms.?
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sir
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what a wonderful lecture about consideration! It helped me lot in CA CPT. Keep it up sir. Never stop uploading such lectures.
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No one will teach like you
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Thank you sir
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Thank you
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Sir .....your teaching is just amazing 👌👌.plz sir uploade the vedios on free consent chapter of bcom first year
Hello Sanyog, congratulations for a great effort.!!
Could you confirm that this content is aligned with 1st year DU LLB syllabus? Thank you.
Thank u so much sir g...
Thank u so much
Sir please make more vedio of contract act its very help for us
Very helpful
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Sir bot Bot Shukriyan
👍👍
Thank you sir🙏
sir apka video mujhe bhut Achha lgta h and mujhe se Kafi help bhi multi h. leaking mujhe Ye nhi smajhne aa rha h ki ydi mujhe aapki date subjects ka video topic wise sequence me Kaise dhekhu. kisi Ek hi topic ka agar Kai video hota h Aur use age Pichhe djekhne k wajah se mujhe bhut confusion hota h. so apse request h ki plz mujhe suggest kr. ki Mai Kya kro. plz sir
Thank you sir 😊😊
👌
Thankyou sir
sir in past consideration also one sided performance is done......it seems like both past and present consideration are same..... i have a confusion in this... plz explain me
धन्यवाद
Sir, ap bohot atche parha te ho🤗
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I really thankful to u sir.
Keep it up and thanks
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Sir what is the difference b/w past consideration and present consideration
Sir , jaise hum hotel mein gaye aur khana khaya , fir paise baad m pay kiya to ab ye past consideration hua ya present
thank you so much sir can you please explain second point I have little bit confusion how can promisee pay the consideration in this example aunty get consideration from the daughter please solve my doubts
Thank you so much sir.. it helps us a lot..
Thanku sir
Sir, aag bujhane k liye quasi contract ho skta h.
Thanks
it was amazing.... I have cleared my all confusions... thank u for this fruitful information
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sir what is the difference b/w sec 67 and sec 68 of companies act 2013??
sir........what is the impact of illegal object and consideration on collateral agreement????
As future consideration is also known as executory consideration. Does present consideration also means executed consideration?
Very nice sirrr🤗🤗🤗
thnx sir
Sr agr lost goods be koi aap tak wapis poonchata hai vo voluntarily krta hai ..hamne thodi Kaha tha krne ko..firr b quasi contract banta hai kyu...plzzzz explain
Sir I wanted to ask dat if I buy a railway tickt and my train is after 1 month in that case whether it is past consideration or future?
Future
Hello. What is the difference between past and present considerations? In both one party has performed and the second party pays later! Could you please clarify. Thank you.