Under Article 25 of the ICA, agreements without consideration are in principle null and void. If A, in the example below, promises to give his car B for free, such an agreement is not valid because there is no consideration for A to give his car to B, which justifies it if A later refuses to give his car to B. (a) If such acts are known to the parties: – Such an impossibility is qualified as an absolute impossibility and, in such cases, the agreement is not valid from the outset. If a Tantr B promises to live in C`s dead body for a counterpart of RS. 5,000, the promise that makes this agreement is not valid from the beginning, because it is a hard fact that life cannot be put back in a dead body. If the consideration or the object of a contract is illegal, the agreement is cancelled, as it null and voids the provisions of the law. This applies to contracts that the court may consider immoral or contrary to public order, such as.B. fraudulent agreements that can cause financial loss to a person. Accordingly, neither party to such an agreement may apply to a court to enforce the agreement to any or all of the other parties to the agreement. Agreements that are not enforceable by law are also referred to as “unenforced” agreements. It is clear from the foregoing that non-compliance with any of these conditions by one of the parties invalidates an agreement.
These conditions are as follows: – agreements not concluded are agreements that are not applied by the courts. Section 2(g) of the Indian Contract Act defines an inconclusive agreement as “an agreement that is not enforceable by law”. Therefore, the parties will not be entitled to appeal in the event of non-agreement. The words “to this extent”, which are contained in the provisions of article 27, are very important. These words illustrate the position of a situation in which the agreement can be divided into parts. If the contract can be divided into parties and some of these parties are not affected by the provisions of this section, i.e. they are not considered commercial, the contract on these parts is applicable. However, if the agreement is not divisible, the entire agreement is annulled. A review of certain elements of a contract can help determine what may lead to the invalidation of a contract.
In other words, the agreement cannot deprive both parties of legal rights under current legislation. The simplest type of agreement is an agreement that requires a violation of the law.. . .