contract act
Diksha Verma (14 Points)
01 March 2019
Please explain the meaning of void contract and voidable contract in simple words.
2 Replies
Lisha Bansal
(CA Finalist)
(2595 Points)
Replied 04 March 2019
Void contract refers to a contract which is null from the beginning itself.
Eg: All illegal contracts cannot be enforced. These are void contracts.
Voidable contract is a type of contract which can be cancelled by the party whose interest is being affected.
Eg: Contracts entered with minor
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