Manthan Legal Consulting Service

🏛️ Introduction Contracts are the lifeblood of any modern legal and commercial system. Whether it’s a simple transaction like buying groceries or a complex business deal involving multiple parties, contracts provide the structure, certainty, and legal enforceability needed to ensure that the expectations of all parties are clearly defined and protected. Under the Indian Contract Act, 1872 , a contract is defined as an agreement enforceable by law. Every contract involves an offer, acceptance, consideration, and mutual intent to enter into legal obligations. However, not all contracts are created the same . Depending on how they are formed or their enforceability, contracts can be broadly classified into Express, Implied, Void, and Voidable contracts . Understanding these distinctions is essential not only for lawyers and law students, but also for business owners, service providers, and even individuals who routinely enter into informal agreements in their day-to-day lives. A ...

Introduction: In the evolving legal landscape of India, particularly in Karnataka, written agreements have become essential tools for establishing legally binding relationships in both personal and commercial spheres. With the growth of startups, increasing property transactions, and a heightened emphasis on legal compliance, the reliance on formal contracts is more pronounced than ever. A well-drafted agreement is no longer a mere procedural step it functions as a crucial legal safeguard that defines the rights, duties, and expectations of the parties involved, while also providing a clear path for enforcement in case of disputes. Whether it involves business partnerships, property sales, service arrangements, or employment terms, a carefully crafted agreement helps prevent misunderstandings and legal complications. However, it is important to note that not every written document qualifies as a legally valid agreement. For an agreement to be enforceable under Indian law, it must c...