Define Void Agreement With Example

However, when a contract is written and signed, there is not, in all situations, an automatic mechanism that can be used to determine the validity or applicability of that contract. In practice, a contract can be cancelled by a court. [1] The main question is therefore under what conditions can a contract be considered inconclusive? There is a dispute between Allahabad HC and Kolkata, Bombay HC over the use of this exception with effect on a person`s age. According to Allahabad HC, it decided that if a previous consideration was made by a minor, that consideration is not applicable to the contract if the person reaches the age of majority. However, Calcutta & Bombay HC decided that the previous considerations of minors applied when the person reached the age of majority. Any contractual agreement concluded between two parties for illegal activities is also considered an unde concluded contract. For example, a contract between an illegal drug supplier and a dealer is a priori unenforceable because of the illegal nature of the agreed activity. (d) Outbreak of war. The foreign enemy has no contractual capacity and an enemy country during the war, it is not opposable on the ground of trade with an enemy….