Best Law Firm In Kolkata

 The Indian Contract Act, 1872, forms the foundation of contract law in India. Enacted during the British colonial era, it codified and structured how agreements are created, interpreted, and enforced. Even over 150 years later, its significance continues to guide commercial and personal agreements across the country. This article delves into the origins, core features, and modern-day relevance of the Indian Contract Act, while also examining its strengths and limitations through a legal lens. What is a Contract? At its essence, a contract is an agreement enforceable by law. Under Section 2(h) of the Indian Contract Act, “An agreement enforceable by law is a contract.” This definition incorporates two vital elements: agreement (i.e., offer and acceptance) and legal enforceability . The distinction between an agreement and a contract is central to the Act. While all contracts are agreements, not all agreements are contracts. Historical Background of the Indian Contract Act,...

 In 2025, domestic arbitration continues to grow as a preferred method of dispute resolution across India’s commercial and legal ecosystems. With court dockets overflowing and judicial delays persisting, businesses, institutions, and professionals are increasingly turning to arbitration to resolve disputes efficiently and privately. Whether it’s in Delhi, Mumbai, or Kolkata, the demand for structured, enforceable, and time-bound arbitration is on the rise—prompting clients to seek guidance from credible arbitration firms in major metros. This article explores the evolving legal and practical landscape of domestic arbitration in India today, while also offering context on how the system functions in key legal hubs including Delhi , Mumbai , and Kolkata . Why Domestic Arbitration Matters in India’s Legal Framework The Arbitration and Conciliation Act, 1996 (as amended), has long provided the legal architecture for arbitration in India. The recent focus of reforms has been to re...