CA Preeti Aggarwal

ICAI is asking NEW CASE SCENARIO-BASED QUESTIONS in Law.

So, how do you prepare for questions
you haven’t seen before?

Refer my SUPER 30 Case Scenario-Based Practice Questions for CA Foundation Law

Test your concept clarity + application skills before the exam.

Want the FREE PDF?

👇 Comment “PDF”
and I’ll share it with you.

📌 ACTUAL BREACH vs ANTICIPATORY BREACH OF CONTRACT

One difference every CA Foundation Law student should know 👇

🔴 ACTUAL BREACH
When a party fails or refuses to perform the promise on the due date of performance, it amounts to actual breach.

It may also occur during the course of performance. Party has performed part of the promise but fails or refuses to perform the remaining part

🟠 ANTICIPATORY BREACH
When a party refuses to perform the promise before the due date of performance, it is called anticipatory breach.

The refusal may be:
✔️ Express — clearly communicating the refusal to perform
✔️ Implied — doing an act which makes performance impossible

💡 Example:
A agrees to deliver goods to B on 30th August.

➡️ A refuses to deliver on 30th August → Actual Breach
➡️ A informs B on 20th August that he will not deliver → Anticipatory Breach

CALawClasses

Who can become a Partner in an LLP? 🤔

As per Section 2(q) of the LLP Act, 2008, Partner, in relation to an LLP, means any person who becomes a partner in the LLP in accordance with the LLP Agreement.

So, LLP mein partner kaun ban sakta hai?

✅ Any Individual
✅ Any Body Corporate

But an individual shall NOT be capable of becoming a partner of an LLP if:

❌ He has been found to be of unsound mind by a Court of competent jurisdiction; or

❌ He is an undischarged insolvent; or

❌ He has applied to be adjudicated as an insolvent and his application is pending.

Save this reel for your LLP Act revision and share it with a CA student who needs it!

For Law classes, books and test series visit www.capreetiaggarwal.com
Contact: 9653447150

Less time to study law? Don’t worry, you can still clear the exam, and you don’t need to study Law the whole day.. just follow this plan 👇🏻

1️⃣ Days 1–18 → Learn the provisions well

* Finish concepts chapter-wise.
* Read provisions carefully.
* Make short revision notes/highlight keywords.
* Don’t spend time memorising everything in the first reading.

Target: Complete the entire syllabus once.

2️⃣ Days 19–24 → Solve Questions

Now stop learning new concepts.

Solve:

* ICAI Questions
* RTP
* MTP
* Previous Year Questions
* Write Tests (New Questions)

Identify:

* Frequently asked concepts
* Weak chapters
* Presentation mistakes

Target: Train your brain to write law answers.

🚩Preeti ma’am says: We have NEW QUESTIONS Test Series for Law, let me know if you need my help

3️⃣ Days 25–30 → Revision

Now revise only.

Every day:

* Revise provisions
* Revise section numbers
* Revise charts & notes

The goal is speed + recall, not fresh learning.

📍Golden Rule

Never follow this cycle ❌

Study → Study → Study → Study → Exam

Instead follow ✅

Study → Practice → Revise

That’s how retention improves and writing speed develops.

30 days are enough—provided every day has a different purpose.

Don’t spend all 30 days reading

All the best 👍

For LAW Classes, books and test series visit: www.capreetiaggarwal.com
Contact: 9653447150

CA Law Classes

🚩 Under the Indian Contract Act, 1872, bilateral mistake means a situation where both parties to an agreement are under a mistake as to a matter of fact essential to the agreement.

1️⃣ Provision:

Section 20 – Agreement void where both parties are under mistake as to matter of fact

“Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is void.”

2️⃣ Essentials of Bilateral Mistake

For Section 20 to apply:

1. Both parties must be mistaken.
2. The mistake must relate to a matter of fact (not law).
3. The fact must be essential to the agreement.

If all these conditions are satisfied, the agreement is void ab initio (void from the beginning).

3️⃣ Examples

💡 A agrees to buy B’s horse. Unknown to both A and B, the horse had already died before the agreement was made. The agreement is void because both parties were mistaken about an essential fact (existence of the subject matter).

💡A agrees to purchase a specific painting from B. Both believe it is an original, but it is actually a replica. If the originality was the basis of the agreement, there is a bilateral mistake regarding an essential fact, and the agreement is void.

4️⃣ Bilateral Mistake vs Unilateral Mistake

Bilateral Mistake
- Both parties are mistaken
- Governed by Section 20
- Agreement is void if the mistake relates to an essential fact.

Unilateral Mistake
- Only one party is mistaken.
- Governed by Section 22
- Generally, the contract is not void (subject to certain exceptions). Agreement usually remains valid.

5️⃣ Important Summary Points for CA Foundation Exam 📌

✔ Must be a mistake of fact, not a mistake of law.
✔ The mistake must be common to both parties.
✔ The fact must be essential to the agreement.
✔ The effect is that the agreement is void under Section 20.

CaFoundationLawClasses

If you always know the answers but still struggle to complete your Law paper, this is for you.

✔️ Keep the facts short and spend more time on Provisions and Analysis.

✔️ Don’t overthink the conclusion. If your provisions and analysis are correct, the conclusion usually becomes straightforward.

✔️ Read new case-based questions regularly. The more questions you expose yourself to, the faster you’ll understand them in the exam.

✔️ Give mock tests under actual exam conditions. They don’t just test your knowledge—they teach you how to manage time and approach different types of questions.

✔️ If Question 1 takes too much time, consider attempting it at the end so you don’t compromise the rest of your paper.

Scoring well in Law isn’t only about how much you know.

It’s also about how efficiently you present what you know within three hours.

Let me know the challenges you facing in Law in the comments and I will guide you

When students tell me that Law lectures don’t feel like “Law lectures” anymore, it genuinely makes my day. ❤️

One of my CA Foundation students sent me this message after today’s LIVE class, saying that the lecture was fun, interactive, and that he truly enjoyed learning.

That is exactly what I aim for in every class.

I don’t want students to just sit and listen for hours.

I want them to think, answer questions, type legal sentences, participate, revise concepts, and leave the class feeling more confident than when they joined.

Because when learning is interactive, understanding becomes much easier.

If you’re preparing for CA Foundation and want Law classes where you’re actively involved—not just watching—I’d love to have you in the next LIVE batch.

📍Admissions are open.
🌐 www.capreetiaggarwal.com