Home | ARTS | Business Environment and Law | Coercion & Effect of Coercion-Law Of Contract

Business Environment and Law-Law Of Contract (Indian Contract Act 1872)

Coercion & Effect of Coercion-Law Of Contract

   Posted On :  07.05.2018 09:51 pm

“Coercion is the committing or threatening to commit any act, forbidden by the Indian Penal Code or the unlawful detaining or threatening to detain any property, to the prejudice of any person whatever, with the intention of causing any person to enter into agreement.”

Coercion
 
“Coercion is the committing or threatening to commit any act, forbidden by the Indian Penal Code or the unlawful detaining or threatening to detain any property, to the prejudice of any person whatever, with the intention of causing any person to enter into agreement.”(Sec.15)

1. Coercion is committing any act forbidden by the Indian Penal Code with the intention of causing any person to enter into an agreement.
2. Coercion is the threatening to commit any act forbidden by the Indian Penal Code, with the intention of causing any person to enter into an agreement.
3. Coercion is the Unlawful detaining of any property to the prejudice or any person, whatever, with the intention of causing any person to enter into an agreement.
4. Coercion is the threatening to detain, unlawfully, any property, to the prejudice of any person whatever, with the intention of causing any person to enter into an agreement.

Effect of Coercion: 

Sec, 19 states “When consent to an agreement is caused by coercion… the agreement is a contract voidable at the option of the party whose consent was so caused” i.e. The aggrieved party at its option, may set aside the contract or may insist that the contract shall performed. Sec. 72 further states, “A person to whom money has been paid, or anything delivered… under coercion, must repay or return it.”
Tags : Business Environment and Law-Law Of Contract (Indian Contract Act 1872)
Last 30 days 1755 views

OTHER SUGEST TOPIC