Essential Elements of Contract | Bhimrao Ambedkar Law University | Kusum Saini || Biyani Law College

What is consideration
Meaning of consideration
Essential elements of consideration
1. At the desire of the promisor
Case Law: Baldev Prasad case
2. By the promisee or any other person
Case Law: Chennai versus Ramaiya
Exception to the rule of privity of contract
3. It need not benefit the promisor her himself
4. Section 29 agreements which are not certain are void
5. Section 56 agreements to do impossible act is void.
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Biyani Law College (co-ed) is affiliated to Dr. Bhimrao Ambedkar Law University. The college provides experienced faculty, regular classes with live moot courts, Court Visits, legal research training and much more.
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