VOID AGREEMENTS
DEFINITION OF VOID AGREEMENTS
According to section 2(g) of Indian Contract Act “ An
agreement not enforceable by law is said to be void ”. A void
agreement does not give rise to any legal consequences on the
ground of legality. To make a valid contract, three things are
essential:
i. Consideration for the agreement.
ii. Object for the agreement.
iii. An agreement.
AGREEMENTS WHICH HAVE BEEN
SPECIFICALLY DECLARED VOID
1. Agreements made with incompetent parties. u/s 11
2. Agreements made under mutual mistake. u/s 20
3. Agreement whose object or consideration is unlawful. u/s 23
4. Agreement whose object or consideration is unlawful in part
u/s 24
5. Agreements made without consideration. u/s 25
6. Agreements in restraint of marriage. u/s 26
7. Agreements in restraint of trade. u/s 27
8. Agreements in restraint of legal proceedings u/s 28
9. Agreement whose meaning is uncertain. u/s 29
10. Agreements by way of wager. u/s 30
11. Agreements contingent on impossible events u/s 36
12. Agreements to do impossible acts. u/s 56
13. In case of reciprocal promises u/ 57

void contracts

  • 1.
  • 2.
    DEFINITION OF VOIDAGREEMENTS According to section 2(g) of Indian Contract Act “ An agreement not enforceable by law is said to be void ”. A void agreement does not give rise to any legal consequences on the ground of legality. To make a valid contract, three things are essential: i. Consideration for the agreement. ii. Object for the agreement. iii. An agreement.
  • 3.
    AGREEMENTS WHICH HAVEBEEN SPECIFICALLY DECLARED VOID 1. Agreements made with incompetent parties. u/s 11 2. Agreements made under mutual mistake. u/s 20 3. Agreement whose object or consideration is unlawful. u/s 23 4. Agreement whose object or consideration is unlawful in part u/s 24 5. Agreements made without consideration. u/s 25 6. Agreements in restraint of marriage. u/s 26
  • 4.
    7. Agreements inrestraint of trade. u/s 27 8. Agreements in restraint of legal proceedings u/s 28 9. Agreement whose meaning is uncertain. u/s 29 10. Agreements by way of wager. u/s 30 11. Agreements contingent on impossible events u/s 36 12. Agreements to do impossible acts. u/s 56 13. In case of reciprocal promises u/ 57