Contents
pdf Download PDF pdf Download XML
75 Views
15 Downloads
Share this article
Original Article | Volume 2 Issue 4 (ACR, 2025) | Pages 1626 - 1632
Conceptual Framework of Economic Coercion under Commercial Law
1
Assistant Professor, Xavier Law School, XIM University.
Under a Creative Commons license
Open Access
Abstract

In Commercial Agreement, the fundamental principle is that competent parties must make agreements without any compulsion or hindrance. If one party places unreasonable pressure on another, the integrity of contractual (Free consent) is compromised. Commercial organizations frequently experience economic pressure due to the power disparity between large corporations and smaller businesses. Economic pressure is still a major concern in modern business. When there is market hegemony, supply chain dependencies, and financial pressures leading to power imbalances, large corporations may apply economic pressure to impose unfavorable conditions on suppliers, employees, or competitors. Governments and regulatory bodies have implemented laws and policies to prevent abusive contractual practices in response. The Doctrine of Economic Duress is not specifically mentioned in the Indian Contract Act, of 1872, however, its ingredients come under the purview of Section 15 (coercion) and Section 16 (undue influence) of the Indian Contract Act, 1872. In this article the researcher want to analysis further shall delve into explore the evolution and effect of “economic coercion” in Commercial Law and the Indian judiciary’s role in protecting the interests of the aggrieved party by upholding their legal rights

Keywords
Recommended Articles
Original Article
An Empirical Study On The Impact Of The Rail One App On Passenger Convenience And Service Experience: A Sem Approach
...
Original Article
The Role of Privatization in Addressing Gender Inequality in Education: A Study of Haryana
Original Article
HR Analytics for Predictive Talent Management: A Framework for Data-Driven Decision-Making
...
Original Article
Sustainable ICT Practices in Education: Balancing Innovation and Digital Responsibility
...
© Copyright Advances in Consumer Research