The Indian Contract Act, 1872 defines the term “Contract” under its section 2 (h) as “An agreement enforceable by law”. SHAKUNTALA शकुंतला f Hinduism, Indian, Hindi, Marathi Derived from Sanskrit शकुन्त (shakunta) meaning "bird". This definition has two major elements in it viz – “agreement” and “enforceable by law”. : मेरे इस … Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance. CIMA defines contract cost as. Primary (mostly used) Meaning of Contract in Hindi : अनुबंध (Anubandh) How to Use in Sentence Example : I have a six month contract with this company. Breach of Contract Definition. A breach of contract is a violation of any of the agreed-upon terms and conditions of a binding contract. The meaning of stunning, etc. At the time of formation of the contract, the contract is valid as it fulfills all the necessary conditions required to constitute a valid contract, i.e. Contract management is the process of managing contract creation, execution, and analysis to maximize operational and financial performance at an … What You Should Know About Tenancy-at-Will. 1. CIMA defines contract costing as. free consent, capacity, consideration, a … The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law.The Act is based on the principles of English Common Law.It is applicable to all the states of India. See more. A void contract is a contract which is not enforceable in the court of law. In other words, we can say that a contract is anything that is an agreement and enforceable by the law of the land. Definition of Contract Costing. that form of specific order costing which applies where work is undertaken to special requirements of customers and each order is … the aggregated costs relative to a single contract designated a cost unit. This is the name of a character in Hindu legend, her story adapted by Kalidasa for the 5th-century play Abhijnanashakuntalam. more. Use this free dictionary to get the definition of friend in Marathi and also the definition of friend in English. It determines the circumstances in which promises made by the parties to a contract shall be legally binding. Retainership definition, the condition of being a retainer or of having retainers. Pronunciation in Marathi = क्लॉज़ clause in Marathi: खंड Part of speech: Noun Definition in English: Noun: an expression including a subject and predicate but not constituting a complete sentence Noun: a separate section of a legal document (as a statute or contract or will) Definition of Void Contract.