Search results
Therefore, there is nothing contrary to any provision of the law whereby an undertaking cannot be given by a party to the court in the consent decree, which undertaking can be enforced by proper committal proceedings."
- Introduction
- The Exception to The ‘No Consideration, No Contract’ Rule
- Conclusion
- References
According to Section 10 of the Indian Contract Act, 1872, agreements are considered a valid contract if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void. This Section lays down the essentials of a valid contract. Thus, considerat...
Section 25 of the Act lays down a few exceptions where the contract without consideration is not void. According to Section 25, an agreement made without consideration is void unless: 1. It is the contract in writing and registered. 2. It is for compensating someone for his voluntary services toward the promisor in the past. 3. It is a promise made...
Section 10 of the Indian Contract Act talks about lawful consideration and Section 2(d) lays down the definition of consideration making it absolutely clear that consideration forms an important part of a valid and binding contract. Thus, most of the agreements entered into without consideration do not lead to the formation of a valid contract. How...
Law of Contract and Specific Relief – Avtar SinghEnforceability of undertaking:21. It is submitted by the learned counsel for the appellant that the undertaking given by the appellant was of no consequence as no undertaking had... undertaking before the Judge, Small Causes Court in terms of the directions contained in the judgment of this Court.
Dec 29, 2023 · Explore pivotal Voluntary Undertaking provision in Digital Personal Data Protection Act, 2023. Learn how individuals and institutions can rectify breaches volun Income Tax
Under any circumstance, if there is a lack of legal obligation in an agreement, there can be no contract. Therefore, agreements cover more ambit than contracts because they can be of moral, immoral, religious or social nature because one or more essentials of the contract stated under section 10 are not fulfilled.
I shall talk about a voluntary undertaking, namely, the act of voluntarily assuming an obligation (or some lesser reason for action). I shall examine four theses about the relation between contractual liability and voluntary undertakings. My 3 C. Fried, Contract as Promise (1981).
People also ask
What is a voluntary undertaking?
Can a board accept a voluntary undertaking?
Is a contract void without consideration?
Is a contract made without consideration void under Section 25?
May 22, 2019 · The debt must have been enforced by the creditor for the limitation period. A debtor can enter into a written agreement under Section 25 (3) for paying a part of the complete debt and a suit can lie in such cases when there is a written promise for paying it.
