What is Section 69 of the Contract Act?
Asked by: Jewel DuBuque Jr. | Last update: November 9, 2025Score: 4.6/5 (56 votes)
69. A person who is interested in the payment of money which another is bound by law to pay, and who therefore pays it, is entitled to be reimbursed by the other. Illustration.
What is an example of Section 69?
Illustration to Section 69 of ICA
B holds land in Bengal, on a lease granted by A, the zamindar. The revenue payable by A to the Government being in arrear, his land is advertised for sale by the Government. Under the revenue law, the consequence of such a sale will be the annulment of B's lease.
What is section 69?
Description. If, before the expiration of the term of imprisonment fixed in default of payment, such a proportion of the fine be paid or levied that the term of imprisonment suffered in default of payment is not less than proportional to the part of the fine still unpaid, the imprisonment shall terminate.
What is an example of payment by an interested person?
Section 69 – Payment by an Interested Person
Peter is a zamindar. He has leased his land to John, a farmer. However, Peter fails to pay the revenue due to the government. After sending notices and not receiving the payment, the government releases an advertisement for sale of the land (which is leased to John).
What is Section 67 of the Contract Act?
Effect of neglect of promisee to afford promisor reasonable facilities for performance. — If any promisee neglects or refuses to afford the promisor reasonable facilities for the performance of his promise, the promisor is excused by such neglect or refusal as to any non-performance caused thereby.
SECTION 69 || INDIAN CONTRACT ACT, 1872 || PAYMENT BY INTERESTED PERSON.
What is Section 69 of Contract Act?
69. Reimbursement of person paying money due by another, in payment of which he is interested. 70. Obligation of person enjoying benefit of non-gratuitous act.
What is Section 70 of the contract?
Essential Elements of Section 70 of ICA
Under this Section, the person doing something for another cannot sue for specific performance, nor ask for damages for breach as there is no contract. The liability under this Section arises where a person voluntarily accepts the things or enjoys the work done.
What is section 70?
Fine leviable within six years, or during imprisonment — Death not to discharge property from liability. —
What is Section 71 of the Contract Act?
A person who finds goods belonging to another, and takes them into his custody, is subject to the same responsibility as a bailee.
What is an interested person transaction?
(5) "interested person transaction" means a transaction between an entity at risk and an interested person.
What is the case of Section 69?
Section 69 is introduced to cover the instances where the assessee has nade investments in the financial year immediately preceding the assessment year the and such investments are not recorded in the books of account, if any, which are maintained by him for any source of income, and also the assessee offers no ...
What is article 69?
Article 69 of the Constitution states - “Every Vice-President shall, before entering upon his office, make and subscribe before the President, or some person appointed in that behalf by him, an oath or affirmation in the following form, that is to say - I, A.B., do swear in the name of God/solemnly affirm that I will ...
What is section 67?
Section 67. Punishment for publishing or transmitting obscene material in electronic form.
What is the rule of Section 69?
--(1) Where the Central Government or a State Government or any of its officers specially authorised by the Central Government or the State Government, as the case may be, in this behalf may, if satisfied that it is necessary or expedient so to do, in the interest of the sovereignty or integrity of India, defence of ...
What is Section 69 of the County court Act interest?
69 Power to award interest on debts and damages.
the defendant shall be liable to pay the plaintiff simple interest, at such rate as the court thinks fit or as may be prescribed, on all or any part of the debt for all or any part of the period between the date when the cause of action arose and the date of the payment.
What is Section 68 of the Act?
If a person, incapable of entering into a contract, or any one whom he is legally bound to support, is supplied by another person with necessaries suited to his condition in life, the person who has furnished such supplies is entitled to be reimbursed from the property of such incapable person.
What is Section 69 of contract?
Reimbursement of person paying money due by another, in payment of which he is interested. — A person who is interested in the payment of money which another is bound by law to pay, and who therefore pays it, is entitled to be reimbursed by the other.
What is Section 72 of the Contract Act?
72. A person to whom money has been paid or any thing delivered by mistake or under coercion, must repay or return it.
What is Section 65 of the Contract Act?
When an agreement is discovered to be void, or when a contract becomes void, any person who has received any advantage under such agreement or contract is bound to restore it, or to make compensation for it to the person from whom he received it.
What is Section 70 of the contract Act?
Where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore, the thing so done or delivered.
What is Section 70 1 )( G of the Act?
At present, the unregistered interest of both a person in actual occupation and also one in receipt of rents and profits is protected as an overriding interest, unless enquiry of that person is made and the rights are not disclosed (section 70(1)(g) of the 1925 Act).
What is Section 40 58 65 A in SC?
SECTION 40-58-65. Maintenance, availability, and examination of records; mortgage loan logs; official place of business; notice to close branch office or to cease business in State.
What is Section 75 of the Contract Act?
75. A person who rightly rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract.
What is Section 63 of the contract?
63. Every promisee may dispense with or remit, wholly or in part, the performance of the promise made to him or may extend the time for such performance, or may accept instead of it any satisfaction which he thinks fit.
What is Restatement of contracts section 77?
Restatement § 77. An illusory promise may exist where a promise is subject to a condition which is within the control of the promisor, especially where such condition is related to the contract performance, or when the promisor, at the time of the promise is made, knows that such condition cannot occur.