About this document
Contract Law: Consideration & Competency in India by Arnav P Kumar is a document available to read on EtoBox.
- The document discusses consideration and competency to contract under Indian law. It outlines exceptions to the rule of privity of consideration such as beneficiary contracts. - It also examines who qualifies as a competent party to form contracts, specifically addressing minors. Contracts formed by minors are void ab initio but minors may be liable for necessaries. Restitution principles apply for fraudulent contracts formed by minors. - Exceptions to competency include minors, people of unsound mind,
- Author
- Arnav P Kumar
- Language
- EN