From Plato to Parliament! | The Real History Behind the Indian Contract Act, 1872 скачать в хорошем качестве

From Plato to Parliament! | The Real History Behind the Indian Contract Act, 1872

📘 Lecture 1 – Introduction to the Indian Contract Act, 1872 In this foundational video, we trace the origin, evolution, and historical background of India’s most important commercial law — the Indian Contract Act, 1872. Understand how ancient Greek and Roman philosophies, English mercantile law, and the reforms of Lord Mansfield shaped modern contract law. Learn the journey from oral agreements in medieval England to the codified contract system introduced in India by the British, culminating in the Indian Contract Act of 1872. 🧩 Key Topics Covered Origin and meaning of the term Contract (Latin: Con + Tractere) Influence of Greek and Roman philosophy on English Contract Law Role of Plato’s Dialogues and maxim Pacta Sunt Servanda (“Agreements must be kept”) Evolution of Oral Contracts – Humber Ferryman’s Case (1348) Slade v. Morley (1596) – Promise enforceability and oral agreement validity Lord Mansfield’s reforms – International mercantile law & fairness in trade How Britishers applied English law in India and the resulting conflicts Drafting of the Indian Contract Bill in 3 Phases 1️⃣ Third Law Commission’s failed draft 2️⃣ Revised draft based on English law, New York Code & customs 3️⃣ Final draft by Sir James Fitzjames Stephen (1872) Enactment: 25th April 1872 | Came into force: 1st September 1872 ⚖️ Important Milestones Year Event Significance 1215 Magna Carta Principle of equality and individual rights 1348 Humber Ferryman’s Case Recognition of Oral Contracts 1596 Slade v. Morley Promise enforceable in law 17th Century Lord Mansfield’s Reforms Uniform mercantile law 1872 Indian Contract Act Enacted Codified Indian commercial obligations 🎯 Why Watch This Video Ideal for Judiciary, ADA, APP, and LLB/LLM students Helps in conceptual clarity for Contract Law foundation Explains history, logic, and sources behind every modern provision of the Act Simplified for both academic and practical understanding 🏛️ Remember “The Indian Contract Act is not just law — it’s the foundation of all commercial and civil obligations.” #indiancontractact1872 #ContractLaw #HistoryOfContractAct #LawStudentsIndia #llb #llm #judiciarypreparation #legaleducation #legalawareness #indianlaw #AdvocateLife #bharatiyanyayasanhita #LegalReforms #LawYouTube #CommercialLaw #contractact1872 #plato #LordMansfield #SirJamesStephen #LegalStudies #contractor #agree2disagree