Rules regarding contracting made by minors
Rules regarding contracting made by minors Persons of sound mind and disability According to Sec. 11 of the Indian Contract Act, it is essential that the parties to a contract must be of sound...
Category: business Law
competent parties minor agreements
competent parties minor agreements Minor’s Agreements A minor enjoys peculiar position in relation to the agreements entered into by or with him. The law protects interests of a minor with regard to an agreement...
capacity of parties to contract
capacity of parties to contract Competent Parties As per Sec. 10 of the Indian Contract Act, “All agreements are contracts if they are made by the free consent of parties competent to contract”. Thus,...