Voidable Contract are valid unless one of the parties has set it aside . Voidable Contract generally happens when one side of the party is tricked into entering a contract by other party . (i) Voidable Agreements as per provisions of Indian Contract Act,1872 :- A contract is not voidable because it was caused by a mistake as to any law in force in India; but mistake as to a law not in force in India has the same effect as a mistake of fact. Illustration-A and B make a contract grounded on the erroneous belief that a particular debt is barred by the Indian Law of Limitation; the contract is not

HERE IS THE LECTURE BY SIR ASHISH ON law - Difference between void and voidable contract - indian contract act 1872 | CA CPT | CS & CMA | LLB | | B.com | Mba | Bba | M.com | ccs WATCH VIDEO FOR Voidable Contract: A voidable contract is a formal agreement between two parties that may be rendered unenforceable for a number of legal reasons. Reasons that can make a contract voidable include Voidable Contract: 1. Void contract is the contract which cannot be enforceable by law. Voidable contract is the contract which is enforceable by law at the option of one or more parties thereof, but not at the option of others. 2. It is defined in Section 2 (j) of the Indian Contract Act, 1872.It is defined in the Section 10 of indian contract //The Indian Contract Act, 1872// Free Consent:- voidable contract, unlike a void contract, is a valid contract which may be either affirmed or rejected at the option of one of the parties. At most, one party to the contract is bound. The unbound party may repudiate (reject) the contract, at which time the contract becomes void.

Contracts in the general sense are usually written but they can be spoken or implied on the mutual consent of both the parties and are generally related to lease, rent, sale or employment. Under Section 2(h) of the Indian Contract Act, 1872 the term Contract has been specifically defined as an agreement which is enforceable by law. Thus, it

1 Jul 2015 PC : Effect of section 10 & 11 of Indian Contract Act in pari. materia to sections 10 & 11 of the Malaysia Contract Actrendered the contracts void. 6 Jun 2014 The Supreme Court of India has, on 28th of May, 2014 declined to accept the proposition that whenever a contract is alleged to be void ab-initio  Voidable Contract are valid unless one of the parties has set it aside . Voidable Contract generally happens when one side of the party is tricked into entering a contract by other party . (i) Voidable Agreements as per provisions of Indian Contract Act,1872 :- A contract is not voidable because it was caused by a mistake as to any law in force in India; but mistake as to a law not in force in India has the same effect as a mistake of fact. Illustration-A and B make a contract grounded on the erroneous belief that a particular debt is barred by the Indian Law of Limitation; the contract is not > Indian Contract Act 1872: Part I > Types of Contracts – Based on Validity. or the terms of the contract change such that it is no longer possible to enforce the contract in a court of law. A contract becomes a voidable contract when at least one of the parties reserves its consent or the consent of one of the parties was not free at the Void Contract is the contracts that cannot be enforceable, but the Voidable Contract is the contract in which one party has the right to enforce or rescind the contract. Section 2(g) of the Indian Contract Act, 1872 defines ‘void’ as “an agreement not enforceable by law is said to be void”

In 1872, the Indian Contract Act defined the line between void and illegal agreements. A void agreement is most likely not allowed by law, and an agreement that is 

1 Jul 2015 PC : Effect of section 10 & 11 of Indian Contract Act in pari. materia to sections 10 & 11 of the Malaysia Contract Actrendered the contracts void. 6 Jun 2014 The Supreme Court of India has, on 28th of May, 2014 declined to accept the proposition that whenever a contract is alleged to be void ab-initio 

tort and other Indian laws, Judicial decisions both in English. Law and Indian Law are discussed about void or voidable contract under the light of Indian 

Voidable Contract: A voidable contract is a formal agreement between two parties that may be rendered unenforceable for a number of legal reasons. Reasons that can make a contract voidable include Voidable Contract: 1. Void contract is the contract which cannot be enforceable by law. Voidable contract is the contract which is enforceable by law at the option of one or more parties thereof, but not at the option of others. 2. It is defined in Section 2 (j) of the Indian Contract Act, 1872.It is defined in the Section 10 of indian contract //The Indian Contract Act, 1872// Free Consent:- voidable contract, unlike a void contract, is a valid contract which may be either affirmed or rejected at the option of one of the parties. At most, one party to the contract is bound. The unbound party may repudiate (reject) the contract, at which time the contract becomes void. The Indian Contract Act, 1872 prescribes the law relating to contracts in India and is the key act regulating Indian contract law.The Act is based on the principles of English Common Law.It is applicable to all the states of India. It determines the circumstances in which promises made by the parties to a contract shall be legally binding.

tort and other Indian laws, Judicial decisions both in English. Law and Indian Law are discussed about void or voidable contract under the light of Indian 

1 Jul 2015 PC : Effect of section 10 & 11 of Indian Contract Act in pari. materia to sections 10 & 11 of the Malaysia Contract Actrendered the contracts void. 6 Jun 2014 The Supreme Court of India has, on 28th of May, 2014 declined to accept the proposition that whenever a contract is alleged to be void ab-initio  Voidable Contract are valid unless one of the parties has set it aside . Voidable Contract generally happens when one side of the party is tricked into entering a contract by other party . (i) Voidable Agreements as per provisions of Indian Contract Act,1872 :-

There should be a mistake of fact and not of law. The validity of the contract is not affected by mistake of law. ILLUSTRATION:-A and B make a contract grounded on the erroneous belief that a particular debt is barred by the Indian law of limitation, the contract is not voidable. Everyone is supposed to know the law of the land. Contracts in the general sense are usually written but they can be spoken or implied on the mutual consent of both the parties and are generally related to lease, rent, sale or employment. Under Section 2(h) of the Indian Contract Act, 1872 the term Contract has been specifically defined as an agreement which is enforceable by law. Thus, it Voidable Contract Definition: Voidable contract is that form of a contract, wherein one party to the contract has the right to put it to an end if it is discovered that the contract contains some defects, concerning the lack of free consent. He thereafter went on to file an action to cancel this mortgage. However defendant pleaded that he should be allowed his money back relying upon Section 64 of Indian Contract Act 1872 which deals with voidable contracts. The Court held that the contract entered by a minor was void ab initio and not voidable. If contract drafting results in a voidable contract, it means a contract has been created which a party is able to annul at their pleasure. Contract laws have stated that an voidable contract is a contract that is otherwise legal, except that one of the parties has released the other from its obligations.