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The Indian Contract Act came into force in which year?
The Indian Contract Act came into force in which year?
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The Indian Contract Act, 1872, which regulates Indian contract law, prescribes the law relating to contracts in India. The Act is founded on English Common Law principles. It is relevant to all Indian states. It establishes the conditions under which commitments made by contracting parties are legally enforceable. A contract is defined as an agreement that is enforceable by law under Section 2(h) of the Indian Contract Act.