This document discusses capacity to contract under Indian law. It outlines who is considered competent to enter contracts, such as those who have reached the age of majority and are of sound mind. Those not competent include minors, people of unsound mind, and those disqualified by statutes. Agreements by minors are generally unenforceable, while some agreements like related to property rights can be enforceable. Agreements by those of unsound mind are void if they do not understand contract terms or cannot make decisions. Factors like lunacy, idiocy, and drunkenness can affect soundness of mind. Certain incorporated bodies, convicts, and insolvents may also be disqualified from entering agreements.