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What is Exceptions to Restraint of Trade Law about?

The document discusses exceptions to agreements in restraint of trade under Section 27 of the Indian Contract Act of 1872. It provides two statutory exceptions: [1] the sale of goodwill exception, which allows the seller of a business to agree not to compete for a reasonable time within a specified local area, and [2] the monopolies and restrictive trade practices exception under the 1969 act, which voids collusive bidding agreements unless necessary for public interest. It also discusses judicial exception

Author

Nishita Gupta

Language

EN