No
|
Void Contract
|
Voidable Contract
|
1
|
Definition :
Section 2(g) of Indian
Contract Act defines void contract as “An agreements not enforceable by law is
said to be void”
|
Definition :
According to Section 2(i) of Indian Contract Act 1872, “An agreement
which is enforceable by law at the option of one or more of the parties
thereto, but not at the option of the other or others, is a voidable contract”
|
2
|
Example : Contract with a minor
|
Example : When consent to an agreement is caused by coercion, fraud,
misrepresentation the agreement is avoidable at the option of the party whose
consent was so caused.
|
3
|
It is not at all enforceable by law
|
It can be enforced at the option of the one party
|
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ReplyDeleteVery helpful thank SRD Law Notes.
ReplyDelete