Details of Business Regulations

  • Contracts Act, 1960 (Act 25)

    Section 8: (1) A promise to keep an offer open for acceptance for a specified time shall not be invalid as a contract by reason only of the absence of any consideration therefor.
    (2) A promise to waive the payment of a debt or part of a debt or the performance of some other contractual or legal obligation shall not be invalid as a contract by reason only of the absence of any consideration therefor
     Subject : Consideration for contracts  
  • Procedure to Follow

    Not Avaiable

  • Relevant Forms to Download


    Not Available

  • Fees / Charges


    Not Avaiable

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