The Indian Contract Act, 1872 is the governing law when it comes to the law of contracts in India. It lays down the legal framework for the formation, performance, and breach of a contract between two or more parties. As a professional, this article will discuss how many sections are in the Indian Contract Act.

The Indian Contract Act is divided into two parts. Part I consists of Sections 1 to 75, which deal with the general principles of the law of contract. Part II consists of Sections 124 to 238, which deal with specific contracts such as indemnity, guarantee, bailment, pledge, agency, and partnership.

Part I of the Indian Contract Act is further divided into eleven chapters. These chapters cover various aspects related to the formation of a contract, its validity, and enforceability. The chapters are as follows:

1. Preliminary

2. Of the communication, acceptance, and revocation of proposals

3. Of contracts, voidable contracts, and void agreements

4. Of the performance of contracts

5. Of the breach of contract

6. Of the consequences of breach of contract

7. Sale of goods

8. Indemnity and guarantee

9. Bailment

10. Pledge

11. Agency

Part II of the Indian Contract Act is divided into six chapters. These chapters cover specific contracts and their legal framework. The chapters are as follows:

1. Of indemnity and guarantee

2. Of bailment

3. Of pledge

4. Of agency

5. Of partnership

6. Miscellaneous

The Indian Contract Act has a total of 266 sections. Each section lays down specific rules and regulations related to contracts. It is essential to understand each section`s interpretation and implication to ensure the contract`s legality and enforceability.

In conclusion, the Indian Contract Act, 1872, is a comprehensive law that governs the legal framework for contracts in India. It consists of 266 sections divided into two parts and 17 chapters. As a professional, it is essential to provide accurate and relevant information to the reader to enhance their understanding of the subject matter.