In a commercial contractual world it is problematic to sail without the deep knowledge of the contract law as it is an important area of law that is deeprooted in the history of civilization. According to Savigny "a contract is the concurrence of several persons in a declaration of intention whereby their legal relations are determined". The Contract Law codifies the way we enter into a contract, execute a contract and implement terms of a contract and provide remedies in case of breach of a contract. The objective of this book to present the law in a simple and easy way so that the learner can understand the basic rationality of each and every statutory provision incorporated in the Indian Contract Act, 1872 and the Specific Relief Act, 1963.