Agreement to do Impossible Acts
Section 56 of the Indian Contract Act, 1872 establishes that any agreement made to do impossible acts is void. Furthermore, the contract act also establishes that any agreement to do an act that becomes impossible or unlawful after the contract was made, is also considered as void agreement.
For example, Bolt contracts with Neeraj that if he runs at a speed of 250kmph, then such a contract is void as it is impossible to perform.
Void Agreements : Meaning and Expressly Declared Void Agreements
Indian Contract Act, 1872 is a central law, and it validates the contracts or agreements between various parties. The act regulates and oversees all the business in case of any deal or an agreement. The Indian Contract Act, 1872 defines the term “Contract” under Section 2(h) as “An agreement enforceable by law”. Hence, a contract is anything that is an agreement and enforceable by the law of the land.
The Indian Contract Act, 1872 specifies certain essential elements which are required to be present in a contract, to form a valid contract. So, if those elements are not present, the contracts will not be legally binding on either of the parties and shall be declared either void or voidable. The parties to the contract should make sure that all the essential elements of a valid contract are present while engaging with any other party. In case a contract is void or voidable, restricted or no remedy will be available for the parties to the contract. Indian Contract Act has established certain agreements which are expressly declared as Void Agreements. These agreements are declared void by the law itself.
Geeky Takeaways:
- Indian Contract Act, 1872 is a central law, and it validates all the contracts or agreements between various parties.
- The Indian Contract Act, 1872 establishes several essential elements which are to be present in a contract. If such essential elements are absent, then such a contract or agreement is void.
- A void agreement is an agreement that is not enforceable by law.
- A void agreement confers no rights on parties to the contract or creates any obligation.
- The reasons why an agreement is declared void can be due to illegality, immorality, public policy, etc.
Table of Content
- What are Void Agreements?
- Expressly Declared Void Agreements
- 1. Agreement in Restraint of Marriage
- 2. Agreement in Restraint of Trade
- 3. Agreements in Restraint of Legal Proceedings
- 4. Agreement whose Meaning is Uncertain
- 5. Agreement by Meaning of Wager
- 6. Agreements Contingent on an Impossible Event
- 7. Agreement to do Impossible Acts
- Conclusion
- Frequently Asked Questions (FAQs)