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DIFFERENCE BETWEEN VOID  AND VOIDABLE CONTRACT

DIFFERENCE BETWEEN VOID  AND VOIDABLE CONTRACT

The law relating to contracts in India is governed by The Indian Contract Act , 1872. However the Contract Act does not purport to codify the entire law relating to contracts, the Act also specifically preserves any usage or custom of trade or any incident of any contract not inconsistent with the provisions of the Act. The law of contract confines itself to the enforcement of voluntarily created civil obligation. The law of contract is not able to take care of the whole range of agreements, Many agreements remain outside the purview because they do not fulfill the requirement of a contract……….

 

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