Void Agreement In Indian Contract Act 1872
The ICA has expressly cancelled certain types of agreements. It was found that the main purpose of entering into the contract was to have a view of the possession of the coronation. The action of the property was therefore the basis of the contract. The purpose of the contract was thwarted because the property was cancelled, so the defendant was not required to pay the rest of the rent. The impossibility of performing an act does not create an obligation for the parties. Section 56 of the Act invalidated such a contract. In this section it says: 11. Invalid contract 2 (j): a contract becomes void if it is no longer applicable by law. Therefore, if the clause of a contract stipulates that no appeal may be brought at the end of a period of two years, it is annulled. With the amendment of the section in 1997, it is now stated that any clause reducing the normal limitation period is cancelled in this respect. Strikes, lockouts and riots also do not relieve the promisor of his responsibility for performance.
If the parties wish to be exempted from such events, they should make this concretely clear in the terms of the contract. The first exception, which falls under Article 25(1), is “Contract based on love and affection”, in which the written and registered contract consists of love and affection of a close party to a relationship. In kores Mfg Co Ltd v. Kulok Mfg Ltd, the two employees of the sugar factory had agreed that neither of them would employ a person who had worked in the other person`s factory for the past five years in order to protect trade secrets and other confidential information. The court annulled this agreement, since the ban applied to all workers, regardless of their skills and positions. For example, if Amit, Ria`s father, offers some incentives just to prevent him from marrying his daughter, such an agreement would not be valid in the eyes of the law, provided that the parties involved are not minors. . . .