WebSection 25 of Indian Contract Act, 1872. Agreement void, if made without consideration. Agreement without consideration, void, unless it is in writing and registered or is a promise to compensate for something done or is a promise to pay a debt barred by limitation law. Web21 Jul 2024 · This according to the Indian Contract Act 1872 is a valid contract. Explanation 2 to Section 25 of the Indian Contract Act says, “An Agreement to which the consent of the promisor is freely given is not void merely because the consideration is inadequate, but the inadequacy of the consideration may be taken into account by the Court in ...
Consideration under the Indian Contract Act, 1872
Web5 Jul 2024 · In Section 182 of the Indian Contract Act of 1872, and Agent’ is defined as a person hired to perform any act for another or to represent another in dealings with third parties. The person for whom such an act is performed, or who is so represented, is referred to as the "Principal" in Section 182. As a result, the Principal will be the one ... WebSection 25. Agreement without consideration, void, unless it is in writing and registered, or is a promise to compensate for something done, or is a promise to pay a debt barred by limitation law. Act Year; Enactment Date; Ministry; Department; Upload; Go! Go To Main Site; … Act Year; Enactment Date; Ministry; Department; Upload; Go! Go To Main Site; … Act ID: 187209: Act Number: 09: Enactment Date: 1872-04-25: Act Year: 1872: Short … Act ID: 187209: Act Number: 09: Enactment Date: 1872-04-25: Act Year: 1872: Short … Site designed and developed by National Informatics Centre, A- Block, C.G.O. … the game doors
Section 28 of Indian Contract Act, 1872: Agreements in restraint of …
Web26 Jun 2024 · For example: Section 25 of the Indian Contract Act, 1872, states that an agreement without consideration is void except a few exceptions. Similarly, Section 23 of the Act states that an agreement with unlawful consideration is void. The above two sections were considered in case of Kamta Prasad v. Additional District Judge. WebSection 25 (1) in The Indian Contract Act, 1872. (1) it is expressed in writing and registered under the law for the time being in force for the registration of 1 [documents], and is made … Web17 Mar 2024 · According to Section 25(1) of the Indian Contract Law, an agreement formed between two persons who are closely related to each other by blood or are close relatives … the alt newspaper albany ny