Section 260 The Indian Contract Act, 1872
Certainly! Let me give you a more detailed explanation:
📘 The Indian Contract Act, 1872 – Overview
The Indian Contract Act, 1872 governs the law relating to contracts in India. It lays down the rules regarding agreements, their formation, performance, and enforceability. Originally, the Act had 266 sections, but over time it was shortened and divided.
Currently, the Indian Contract Act is divided into two main parts, and it only contains Sections 1 to 75:
✅ Part 1: General Principles of the Law of Contracts (Sections 1–75)
These sections define:
What constitutes a valid contract
Rules about offer and acceptance
Consideration
Capacity to contract
Free consent
Void and voidable contracts
Performance and breach of contract
Remedies for breach, such as damages, compensation, etc.
🔹 Example:
Section 2 – Definitions (agreement, contract, etc.)
Section 10 – What agreements are contracts
Section 73 – Compensation for loss or damage caused by breach of contract
✅ Part 2: Special Kinds of Contracts
These are governed by chapters within the Act:
Contracts relating to Indemnity and Guarantee (Sections 124–147)
Contracts relating to Bailment and Pledge (Sections 148–181)
Contracts relating to Agency (Sections 182–238)
🔹 But these are not part of the original 75 sections of general contract law; they’re special provisions added under the umbrella of the Indian Contract Act.
❌ Why There is No Section 260?
As per the current legal structure, Section 75 is the last section in the Indian Contract Act.
Any reference to Section 260 might be a typographical error, misinterpretation, or confusion with another Act (for example, the Indian Penal Code has over 500 sections).
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