Contract Law

Contract Mistakes That Cost Millions βš–οΈ


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πŸ›οΈ The Million Dollar Question: Can You Fix Contract Mistakes?

🌟 Imagine signing a property deal, only to discover the document mentions the wrong plot number. Or agreeing to a joint bond for β‚Ή1,000, but the contract says each person owes β‚Ή1,000 separately - tripling your liability! Can these mistakes be corrected, or are you stuck forever?

πŸ’‘ What You'll Discover:

  • πŸ” The crucial difference between "mutual mistakes" (fixable) and "one-sided mistakes" (you're stuck)
  • βš–οΈ Why proving a "common mistake" requires detective-level evidence gathering
  • 🎯 How courts decide when to rewrite contracts vs. when to say "tough luck"
  • πŸ“‹ The heavy burden of proof that makes or breaks these cases

πŸš€ Real Cases Discussed:

  • πŸ’Ž Haji Abdul Rahman vs. Bombay & Persia Steam Navigation Company - When wrong dates destroyed a pilgrimage dream
  • ⭐ Benny Mehto vs. Hulas Mehto - The property case where pleading details mattered more than facts
  • 🏒 New India Rubber Works vs. Oriental Fire and General Insurance Company - How insurance policy mistakes got fixed
  • ⚑ Natarajan Asari vs. Pichamuthu Asari - Property description errors and their solutions

🎯 Legal Framework Explained:

  • πŸ“š Specific Relief Act, 1963 - Section 26 - Your legal weapon for contract corrections
  • πŸ”§ The "ad idem" principle - when both parties had the same intention
  • πŸ“ Why documentary evidence beats verbal promises every time

πŸŽ™οΈ By the end, you'll know exactly when contract mistakes can be fixed and how lawyers build winning cases around seemingly hopeless situations!

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Contract LawBy Sharad Bansal