void, voidable and illegal aggrements

Agreement deeds 7284 views 18 replies

Murulidhara S

86 Points Joined March 2007

Can anyone differentiate between void, voidable and illegal aggremenmts.Pl give examples.

Can there be a void contract?

Thanx

Replies (18)

agreement with minor is void contract, some agreements are voidable at the option of a party though not void, an agreement which is being entered with an intention to do illegal act such as smuglling/murder etc... are illegal agreements. Illegal agreemens are not recognised by law. For further details please refer to the definitons given in Indian Contract Act.

Murulidhara S

86 Points Joined March 2007

Thank you sir for instant response. Can you further clarify my following doubt:

I want to know is there any difference between vaidable agreements and voidable conntracts. Similarly illegal agreements and illegal contracts. If so , what is the defference.

murulidhara

Murulidhara S

86 Points Joined March 2007

I want to know is there any difference between vaidable aggreements and voidable conntracts. Similarly illegal agreements and illegal contracts. If so , what is the defference. murulidhara

SUDHA KILARU

student

86 Points Joined October 2007

CONTRACT=AGREEMENT+ENFORCEABLE BY LAW.

WHEN AGREEMENT IS VOIDABLE THEN CONTRACT ALSO VOIDABLE.SO FR VOIDABLE AGREEMENT AND FR VOIDABLR CONTACT NO DIFFERENCIATION.
AND ALSO IF AGREEMENT IS ILLEGAL THEN IT NOT CONVERTED IN TO VALID CONTRACT.SO BOTH BECOME VOIDABLE.

"VOIDABLE CONTRACT MEANS -AN AGREEMENT ENFORCEABLE BY LAW BY ONE PARTY BUT NOT ANOTHER PARTIES."

"ILLEGAL AGRREMENT MEANS -CONTRACT WHICH IS PROHIBITED BY LAW."

SUDHA KILARU

student

86 Points Joined October 2007

HI FRIENDS,

IF ABOVE EXPLANATION IS WRONG PLS CORECT ME.

Murulidhara S

86 Points Joined March 2007

Thak you sudha for explanation. In text book I saw both terms ie voaidable agreement and voidable contract and hence this doubt. Muruli

CS LLB Pulkit Gupta

https://www.facebook.com/pages/Life-and-

16631 Points Joined February 2008

Sudha it is totally wrong.... First of all agreement can't be voidable... it is contract which is voidable.....so there is no term " voidable agreement "......

CS LLB Pulkit Gupta

https://www.facebook.com/pages/Life-and-

16631 Points Joined February 2008

If agreement is illegal then it can't become voidable .... it is void ab initio.... But ya ur definitions r correct.... Plz corrct it... i have just give my c.p.t. in feb nd waiting for my result...

CS LLB Pulkit Gupta

https://www.facebook.com/pages/Life-and-

16631 Points Joined February 2008

Now one more thing... there is difference b/w void contract and void agreement.... Void agreement is void ab initio i.e. it can't be converted into contract..... Void contract is a contract which was a valid contract at some time but due to some circumtances it becomes void .