query regarding illeagal contract


CA Neeraj Bansal (credit manager of icici bank)     29 December 2007

CA Neeraj Bansal
credit manager of icici bank 
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1. colleteral contract related with an illeagal contract is void, but is it also illeagal?

2.If a bus is there standing at a bus stand ,is it giving offer for contract or is it an invitation for offer.

Plz Confirm me same and oblige

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CA Neeraj Bansal (credit manager of icici bank)     29 December 2007

CA Neeraj Bansal
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kindly confirm me ..........i will be thankfull for you

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Adv. S Sharma (Lawyer)     29 December 2007

Adv. S Sharma
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hi Ans. of urs 2nd question it's an invitation bt as soon as u collect the ticket by paying consideration it become the contract between the contractee nd contractor (means between u nd applicable authority of that bus)

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CA Chaitanya (PRACTISING CA)     30 December 2007

CA Chaitanya
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regarding your 2nd question it is not an offer but an invitation to offer.

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CA Neeraj Bansal (credit manager of icici bank)     31 December 2007

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plz ans my 1st question also and i am still confused because of different views about 2nd question

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Adv. S Sharma (Lawyer)     31 December 2007

Adv. S Sharma
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hi Chaitanya well, i wrote invitation & it relates to invitation for offer

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JAGPREET SINGH (Chartered Accountant)     04 January 2008

JAGPREET SINGH
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hi


(Guest)

Q1.Colletaral contract is void and may or man not be illegal.


(Guest)

Q2.Invitation to offer

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CA Neeraj Bansal (credit manager of icici bank)     04 January 2008

CA Neeraj Bansal
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thnx for answering..........


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