Section 2(b) of the Indian Contract Act defines acceptance as the expression of assent to an offer. This article outlines the rules of valid acceptance, including communication, timing, and revocation. It also highlights the legal impact of acceptance in forming a binding contract.
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Section 3 of the Indian Contract Act deals with the communication of proposals and acceptances. This article explains the meaning of an offer, methods of communication, and how an offer becomes valid under law. It also outlines the importance of intention and legal enforceability.
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The Companies Act, 2013 lays down the legal framework for forming a company in India. This article covers the key steps involved in incorporation—from selecting the company type to filing the required documents with the ROC—ensuring legal compliance and smooth business establishment.
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This article provides a comprehensive list of HSN (Harmonized System of Nomenclature) codes applicable to services under GST. It helps businesses and professionals accurately classify services for invoicing, compliance, and tax filing, as per the latest GST norms in India.
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This article explains the fundamental meaning of a contract as per Section 2(h) of the Indian Contract Act, 1872. It highlights the key components that make an agreement legally enforceable and the basic distinction between an agreement and a contract under Indian law.
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