contract act
Diksha Verma (14 Points)
01 March 2019
Please explain the meaning of void contract and voidable contract in simple words.
Diksha Verma (14 Points)
01 March 2019
Lisha Bansal
(CA Finalist)
(2595 Points)
Replied 04 March 2019
Void contract refers to a contract which is null from the beginning itself.
Eg: All illegal contracts cannot be enforced. These are void contracts.
Voidable contract is a type of contract which can be cancelled by the party whose interest is being affected.
Eg: Contracts entered with minor
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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