Tag Archives | contracts

Are all unenforceable contracts void in India?

Section 2(j) does not declare every unenforceable contract void. A contract may be unenforceable either by substantive law or by procedural law or regulation. It is only that contract which in unenforceable by substantive law which becomes void.

By Tapan|2011-04-16T12:43:27+00:00April 16, 2011|Articles|Comments Off

Classification of Contracts According to Performance

Still another method of classifying contracts is in terms of the extent to which they have been performed. Accordingly, contracts may be: (i) Executed and executory or (ii) Unilateral and bilateral. An executed contract is one which has been wholly performed. Nothing remains to be done in terms of the contract.

By Tapan|2011-04-16T12:43:27+00:00April 16, 2011|Articles|Comments Off