1. Consideration

2. Definition
May consist either in some right, interest, profit or benefit accruing to one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken by the other
Abdul Aziz vs Masum Ali
Kedar Nath vs Guari Mohamed

3. Legal Rules as to Consideration
Must move at the desire of the promisor Durga Prasad vs Baldeo
May move from the promisee or any other person Chinnaya vs Ramayya
It may be an act, abstinence or forbearance or a return promise ( compromise, composition with creditors) Debi Radha Rani vs Ram Dass
It may be past, present or future
It need not be adequate

4. Contd It must be real Still vs Myrick
Not something which promisor is not already bound to do Ramchandra Chintaman vs Kalu Raju
It must not be opposed to public policy

5. Stranger to the Contract
Dunlop Pneumatic Tyres Vs Selfridge
Exceptions
Trust
Marriage settlement, partition or family arrangements
Assignment
Contracts through agents
Covenants running with the land

6. Contract without Consideration is Void - Exceptions
Love & Affection
Compensation for voluntary services
Promise to pay a time barred debt
Agency
Charitable Subscription