dated 06.04.2016 between the Respondent No. 1 and 2 an is irrevocable contract
that they shall compulsorily buy back the apartments ... Financial Creditor.
On the other hand, there is an irrevocable contract and compulsorily buy back
agreement that at the end of term
contract is defined as, a contract for which a
statute prescribes certain terms. Statutes usually, govern the
contracts made by public entities. However, some contracts ... contract by law
distinct from the ordinary contracts by consent of parties, as
understood throughout the legal history.
53) The present Development Agreement - cum - Irrevocable
Contract Act, 1872
Section 202 of the Contract Act, 1872 provides that the
Power of Attorney coupled with interest is irrevocable and cannot
be revoked ... contract. This is why Chapter IV of the Contract Act
deals with the performance of contracts which
includes the performance of contracts relating to
immovable
affect
either the acceptance of the contract so entered into or
implementation thereof, even if the formal contract has
never been initialed.
10) The acceptance ... came to his knowledge that an irrevocable
contract was concluded. Apart from this, the mandate of
41
Section 7 of the Indian Contract Act stipulated
deliverable
state the letter of credit is a confirmed irrevocable letter
of credit and the contract is a C.I.F. contract. [149C ... sums mentioned
therein. It will be seen from the contract between the
parties and the irrevocable confined letter of credit that
the transaction
contract were laid down on
the reverse of the contract form, the most important
clauses in the contract were that the contract ... contract are laid down on the
reverse of the contract form. The most important clauses in
the contract -ire that the contract
Mozelle Robin Solomon vs Lt. Col. R.J. Solomon on 3 February, 1968
Equivalent citations
completed contract enforceable against the Official Liquidator, as against any private party in accordance with the provisions of the Contract Act . As regards this ... deterred from interfering by any theory of completed and irrevocable contract.
14. We have already discussed the merits of the case and I am clearly
Contract, once there is a material
breach of the terms of any agreement. The expression
material breach as such is not defined in the Contract ... which strikes at the root of the Contract, that it
renders the Contract "irrevocably broken" and defeats the
O.M.P. (COMM
Webster-Third International Dictionary). The contract in question was not such a commitment. It was neither firm nor irrevocable. It was flexible and variable ... this public notice; or
"(ii) Where based on firm contracts, irrevocable letter of credit was opened by the foreign buyer and accepted
