Section 163, Contract Act

Study material

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Published material from The Law Easy that cites Section 163.

Notes and articles

Law of Contract II (Specific Contracts) Complete notes

Contract Law II: Complete Notes

About this subject ▶ Watch this part of the lecture (0:00) Contract Law II has six units, from indemnity to how these rules work for governments and consumers. These contracts arise daily: handing car keys to a valet, pledging gold for a loan, buying a phone, starting a business with a friend. Conn…

126 min read 16 Oct 2026

Practice MCQs

1 practice question tests this section.

1 In Standard Chartered Bank v. Custodian, shares had been pledged with the bank. Bonus shares, dividends and interest later accrued on them. What did the Supreme Court hold about these accretions?

Practise Law of Contract I (General Principles) MCQs

Official text

We show statutory text only after checking it word for word against the official source. Read Section 163 of the Indian Contract Act, 1872 on India Code.

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