What is Section 69 of the contract?
Asked by: Prof. Logan Weimann | Last update: February 17, 2026Score: 4.9/5 (41 votes)
"Section 69" of a contract refers to different legal concepts depending on the jurisdiction and specific law, often dealing with reimbursement for payments made by an interested party (like under India's Contract Act) or defining when silence constitutes acceptance (like in common law Restatement of Contracts, R2K § 69), but it can also relate to consumer rights or public utility regulations, so you must check the specific contract's governing law. For example, in Indian law, Section 69 allows reimbursement if you pay someone else's debt you're interested in preventing, while in U.S. contract law (Restatement (Second) of Contracts), it covers acceptance by inaction if benefits are received.
What is Section 69 of the contract Act?
Section 69 provides that if a person pays a debt or obligation that another is legally bound to pay, and the payer is "interested" in the fulfillment of that obligation, then the payer is entitled to reimbursement from the person who was originally responsible.
What is Section 69 of the restatement of contracts?
The Restatement, Section 69, gives three situations, however, in which silence can operate as an acceptance. The first occurs when the offeree avails himself of services proffered by the offeror, even though he could have rejected them and had reason to know that the offeror offered them expecting compensation.
What is Section 69 of the law?
Section 69 of the Bhartiya Nyaya Sanhita, 2023, drags legality into the wayward path of promises and their betrayal. The law formalises the judicial treatment of sexual consent said to be obtained through a false promise of marriage or by employing deceitful means.
What is Section 69 of the company Act?
(1) Where a company purchases its own shares out of free reserves or securities premium account, a sum equal to the nominal value of the shares so purchased shall be transferred to the capital redemption reserve account and details of such transfer shall be disclosed in the balance sheet.
Section 69 Reimbursement of payment by interested person | Contract Act, 1872 (BL141)
Can a 50% shareholder remove a director?
The Articles may provide a procedure for this; otherwise the statutory procedure must be used. The statutory procedure allows any director to be removed by ordinary resolution of the shareholders in general meetings (i.e., the holders of more than 50% of the voting shares must agree).
What is Section 69 of the Companies Act of 2008?
SECTION 69 OF THE COMPANIES ACT 2008
A person who is ineligible or disqualified must not be appointed or elected as a prescribed officer of a company, consent to being appointed or elected as a prescribed officer, or act as a prescribed officer of a company.
What is the legal basis for section 69?
The criminal offense of "resisting an executive officer" is described under California Penal Code 69 PC. This statute makes it a crime to resist an executive officer who is in the performance of their duties. It's similar to resisting arrest under Penal Code Section 148(a), but considered a more serious crime.
What is the primary purpose of section 69 of the IT Act?
Power to issue directions for interception or monitoring or decryption of any information through any computer resource.
Is Section 69 bailable or not?
Upon distinction from rape, the offence under Section 69 of the Bhartiya Nyaya Sanhita 2023 requires separate consideration. The offence is cognizable and non-bailable, and is triable by a Court of Sessions, as provided under Schedule 1 of Bhartiya Nagarik Suraksha Sanhita 2023.
What is Section 69 of the Consumer Protection Act?
In terms of section 69 of the Act, the category of persons listed in section 4(1) can enforce a right in terms of the Act or in terms of a transaction or agreement, or resolve a dispute with a supplier by: Referring the matter directly to the National Consumer Tribunal; referring the matter to the applicable recognised ...
What is Section 69 of the Companies Act 2014?
(a) shares of a company may only be allotted by the directors of the company; (b) the directors of a company may allot, grant options over or otherwise dispose of shares to such persons, on such terms and conditions and at such times as they may consider to be in the best interests of the company and its shareholders.
What is meant by quasi-contract?
A quasi contract is a retroactive judgment to fix a situation where one party benefits at another's expense. It serves as a remedy in situations when no formal agreement exists between parties. Its origins can be found in common-law jurisdictions as a means of ensuring fairness.
What makes a contract legally binding?
To make a contract legally binding, it needs to include several key elements: Offer and acceptance — One party needs to offer something (money, services, rights, etc.), and the other party needs to accept the offer. Consideration — The benefit that both parties receive.
What is the 69 Amendment?
2016 Colorado Amendment 69 was an initiated constitutional amendment that appeared on the November 8, 2016, ballot. The measure aimed to create universal healthcare for state residents by introducing ColoradoCare, which would be paid for through the introduction of a 10% payroll tax.
What is the illegal clause in a contract?
An illegal contract prevents claims based on a contract when a party seeks to enforce an agreement which the law prohibits. The illegality operates primarily as a defence to legal claims. Courts will not assist a claimant to recover a benefit from their own wrongdoing.
What is the law of Section 69?
Whoever, by deceitful means or by making promise to marry a woman without any intention of fulfilling the same, and has sexual intercourse with her, such sexual intercourse not amounting to the offence of rape, shall be punished with imprisonment of either description for a term which may extend to ten years and shall ...
Who is affected by Section 69?
(a) Every person who attempts, by means of any threat or violence, to deter or prevent an executive officer from performing any duty imposed upon the officer by law, or who knowingly resists, by the use of force or violence, the officer, in the performance of his or her duty, is punishable by a fine not exceeding ten ...
What is the penalty for 69A addition?
Penalty at the rate of 10% is leviable if additions is made under section 68,69,69A,69C and 69D of the act.
What is the limitation period of Section 69?
Section 69 of CPA : Section 69: Limitation Period
(1) The District Commission, the State Commission or the National Commission shall not admit a complaint unless it is filed within two years from the date on which the cause of action has arisen.
Can I refuse to show my ID in California?
Yes, in California, you can generally refuse to show ID to police unless you are driving, lawfully detained, or arrested; California lacks a "stop and identify" law, but refusing during a lawful detention or arrest, or failing to show a license while driving, can lead to legal issues. If you are lawfully detained and the officer has reasonable suspicion, they can ask for ID, but you can politely decline unless you're violating another law, though it might escalate the situation.
What are the elements of CPC 69?
To be guilty under Penal Code §69, you must: knowingly, by means of actual violence or a threat of violence, deter or prevent (or attempt to deter or prevent) an executive officer from performing any duty imposed upon such officer by law.
Can you remove a director without their consent?
Yes. Under section 168 of the Companies Act 2006, shareholders can remove a director via ordinary resolution, even if the director does not agree.
Is 21 days notice mandatory for AGM?
A notice for AGM should be prepared in written or electronic mode at least before 21 days from AGM as per (Section 101(1)). However, the minimum notice period for AGMcan be less if 95% of members agree. Notice has to be sent to all members, auditors and directors at least 21 days prior to the meeting.
What disqualifies a director?
Also any person who has been convicted of any offence and sentenced to imprisonment for a period of seven years or more, will not be eligible to be appointed as a director in any company. An order disqualifying the Director for appointment as a director has been passed by a court or Tribunal and the order is in force.