Indian Contract Act 1872: Void Agreements
Meaning of Void Agreement
An agreement not enforceable by law is said to be void.Thus a void agreement does not give rise to any legal consequences and is void ab-initio. In the eye of law, such an agreement is no agreement at all from its very inception.
Expressly Declared Void Agreements
The last essential of a valid contract as declared by section 10 is that it must not be one which is 'expressly declared' to be void by the act. Thus, there arises a question, as to what is 'expressly declared' void agreement? The following agreements have been 'expressly declared' to be void by the Indian Contract Act:
- Agreements in restraint of a marriage (Sec.26).
- Agreements in restraint of a trade (Sec.27).
- Agreements in restraint of legal proceedings (Sec.28).
- Agreements the meaning of which is uncertain (Sec.29).
- Agreements by way of wager (Sec.30).
- Agreements contingent on impossible events (Sec.36).
- Agreements to do impossible acts (Sec.56).
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