Competing Parties

Competence of contracting parties Section 11 of the Indian contract act states that every person is competent to contract, who is the age of majority ,who is of sound mind and who is not disqualified from contracting by law

Following persons are incapable of contracting A person disqualified By law A person of Unsound mind A minor A minor ,person of unsound mind and person Disqualified by law cannot enter into contract Any contract with any such party will be void Ab intio

MINOR ,[object Object],[object Object]

LAW RELATING TO MINOR’S AGREEMENT ,[object Object],[object Object],[object Object],[object Object]

Special provisions governing agreement made with a minor ,[object Object],[object Object]

Agreement with minor is VOID decided case ,[object Object]

2.No Ratification ,[object Object],[object Object]

3.No Restitution ,[object Object],[object Object]

4.No Estoppel ,[object Object],[object Object]

Example No Estoppel ,[object Object],[object Object]

Decided case on pleading minority ,[object Object],[object Object]

5.Minor Beneficiary ,[object Object],[object Object]

6.Minor’s liability for necessities ,[object Object]

Case study PETERS v FLEMING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

example ,[object Object],[object Object]

7.minor as agent ,[object Object]

8.Minor as partner ,[object Object]

9.Minor liability for tort ,[object Object],[object Object],[object Object],[object Object]

Minor liability for tort (Burnard vs Haggis (1863) 14 C.B 45) ,[object Object]

Minor’s liability for tort ( Jennings vs Rundell (1799) 8 T.R 335) ,[object Object]

Example on minor’s liability in case of tort ,[object Object]

Introducing person of unsound mind

Person of unsound mind ,[object Object],[object Object],Section-12 Of Indian Contract act

Meaning of idiot, lunatic and drunkards ,[object Object],[object Object],[object Object],[object Object]

Introducing person disqualified by law to enter into any contract I am declared disqualified By law to enter into any contract

Following are the people disqualified by law ,[object Object],[object Object],[object Object]

Competing Parties

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Competing Parties