State The Cases In Which An Agreement Without Consideration Is Valid

If the promiser had received the consideration before the date of the promise, the consideration is qualified as “past consideration”. That is a valid thought. (a) A promises, without consideration, to give B 1000. This is a no-deal. (3) It is a written and signed undertaking by the representative or his representative, in his general or particularly authorized name, to settle all or part of a debt whose payment the creditor could have executed, but for the law of limitation of remedies. Example: A teaches the child of B at the request of B. After six months, B undertakes to pay A the sum of ₹600/- for his teaching. For B`s promise, A`s achievements are seen as a past reflection. (f) A agrees to sell a horse worth 1,000 for paragraph 10. A`s agreement was given voluntarily. The contract is a contract, regardless of the insufficiency of the consideration. The gift given by a donor and offered by the recipient is a valid agreement, even without consideration. Therefore, no consideration is required in donation agreements.

In Vasant Rajaram Narvekar v Ankusha Rajaram Narvekar[7] Donation of the mother to her minor son by deed of gift with right to property until his life. The son kept it with his father and did not refuse to reach the age of majority. So accepted and irrevocable. Both in English law and in the Indian Contract Act, consideration for an enforceable contract is indispensable. It is an act or abstinence from the promise or from another person at the request of the promiser. Contemplation can be past, future or executory. Under the Indian Contract Act 1872, the definition of consideration in section 2(d), consideration may be provided by “the promise or any other person” as long as it is made “at the request of the promiser”.[1] Thus, if the promisor has no objections, the counterpart of a promising person or another person can move away from another person. There are some cases where contracts are enforceable without consideration. In order for a contract to be legally valid, it is necessary to have several elements: the General Court relied on the judgment in Dutton v Poole[9] according to which the deed of gift and the simultaneous agreement between the applicant and the defendant may be regarded as a transaction and that the defendant obtained from her mother a reduction sufficient to constitute consideration under Article 2, point (d)10.

(2) it is a promise to compensate all or part of a person who has already voluntarily done something for the promiser or to whom the promiser was legally bound; or unless, pursuant to section 25 of the Indian Contract Act, there is no similar exception at common law, but does not provide for derogations. It states that an agreement is cancelled without consideration, unless declaration 1: nothing in this section affects the validity of a donation actually made between the donor and the recipient. English law allows sealed contracts that can be implemented without consideration. A sealed contract means a written contract that is “signed, sealed and delivered” In Anson`s words, English law recognizes only two types of contracts, the contract concluded by an act, unless it is a seal qualified as an act or specialty and simple conflict. Under the Indian Contract Act of 1872, the definition of consideration in section 2(d), consideration may be provided by “the promise or any other person” as long as it is made “at the request of the promiser”. Thus, the counterpart of a promising person or another person, if the promisor has no objections, can move away from another person. . . .

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