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Varun Kumar Jha

LLB Varun (LLBVarun.com) is an online legal education platform founded by Varun Kumar Jha for law students, competitive exam aspirants, and legal professionals in India. It focuses on making legal concepts easy to understand through Bare Acts, AIBE MCQs, and case laws.

LLB Varun

Section 53 of Indian Contract Act

    Liability of party preventing event on which the contract is to take effect.— When a contract contains reciprocal promises, and one party to the contract prevents the other from performing his promise, the contract becomes… 

    LLB Varun

    Section 54 of Indian Contract Act

      Effect of default as to that promise which should be first performed, in contract consisting of reciprocal promises.— When a contract consists of reciprocal promises, such that one of them cannot be performed, or that… 

      LLB Varun

      Section 55 of Indian Contract Act

        Effect of failure to perform at fixed time, in contract in which time is essential.— When a party to a contract promises to do a certain thing at or before a specified time, or certain… 

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        Section 56 of Indian Contract Act

          Agreement to do impossible act.— An agreement to do an act impossible in itself is void. Contract to do an act afterwards becoming impossible or unlawful.— A contract to do an act which, after the… 

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          Section 57 of Indian Contract Act

            Reciprocal promise to do things legal, and also other things illegal.— Where persons reciprocally promise, firstly, to do certain things which are legal, and, secondly, under specified circumstances, to do certain other things which are… 

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            Section 58 of Indian Contract Act

              Alternative promise, one branch being illegal.— In the case of an alternative promise, one branch of which is legal and the other illegal, the legal branch alone can be enforced. Illustration A and B agree… 

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              Section 59 of Indian Contract Act

                Application of payment where debt to be discharged is indicated.— Where a debtor, owing several distinct debts to one person, makes a payment to him, either with express intimation, or under circumstances implying, that the… 

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                Section 60 of Indian Contract Act

                  Application of payment where debt to be discharged is not indicated.— Where the debtor has omitted to intimate and there are no other circumstances indicating to which debt the payment is to be applied, the… 

                  LLB Varun

                  Section 61 of Indian Contract Act

                    Application of payment where neither party appropriates.— Where neither party makes any appropriation, the payment shall be applied in discharge of the debts in order of time, whether they are or are not barred by…