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Void ab initio

Anooj (Chartered Accountant) (2130 Points)

06 March 2012

What does void ab initio mean? Plz expalain

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16 Replies

Rohit Aggarwal (ACA Bcom (H) MBA MCom) (470 Points)
Replied 06 March 2012

void ab initio is used in context of contracts/aggreements which describes the contract and its binding conditions to be wrong from the very begining of the contract.....

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Vandana J Doshi (Practising Company Secretary) (12562 Points)
Replied 06 March 2012

Void ab initio - A contract is null from the beginning if it seriously offends law or public policy in contrast to a contract which is merely voidable at the election of one of the parties to the contract.

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Leez (none) (133 Points)
Replied 06 March 2012

Ab initio means from the beginning so void ab initio means void from the beginning. If an agreement is known to be void even before it comes into existence then it is known to be a void ab initio agreement. Such agreements donot become contracts because to be a contract, an agreement must be legally enforceable; a quality void agreements lack. Void ab initio is a legal term and it is in Latin like all other legal terms.

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PRAFULLA (article) (47 Points)
Replied 06 March 2012

agree with vandana coz void ab initio itself null from the begining.n their is no enforcebility even if u get into agreement or make contract..

perfectly vandana said.

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CMA Ashutosh Kumar Gupta (Unit Financial Controller) (1015 Points)
Replied 06 March 2012

Void ab initio drawn from the Latin phrase, Void means of no legal effect, i.e. absolute nullity, as if it had never existed, never happend. Simply saying law does not recognize, legally unviable, for an unlawful purpose or the subject matter of the agreement in itself is void.

ab (from), initio(from starting) i.e. from the outset.

e.g. an agreement for murder or robbery, etc. i.e. made for unlawful purposes or against the natural law, etc.

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Neha Dhapola (Student) (305 Points)
Replied 06 March 2012

The term Void ab initio means in simple terms as Void from the very beginning.

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*RENU SINGH * (✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ ) (21627 Points)
Replied 06 March 2012

void ab inition ... means void from the begining.

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Mukesh Babu (IPCC Student) (236 Points)
Replied 06 March 2012

The term void-ab-initio means the contract is void at the very beginning

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Devadas K S (One life one Dream) (3525 Points)
Replied 06 March 2012

Originally posted by : RENU SINGH
	void ab inition ... means void from the begining.

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madinashabana11 (MBA) (1112 Points)
Replied 06 March 2012

Originally posted by : RENU SINGH
	void ab inition ... means void from the begining.

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Ashutosh(Sir) (teacher) (201 Points)
Replied 06 March 2012

void means ceases to be enforceable by law and

ab-initio means at the very beginning.

CMA Ashutosh Kumar Gupta (Unit Financial Controller) (1015 Points)
Replied 07 March 2012

Dear Rohit, Vandan and Mukesh,

Please avoid the term 'contract' in place of 'agreement' because ALL CONTRACTS ARE AGREEMENTS BUT ALL AGREEMENTS ARE NOT CONTRACTS.

An agreement can only become a contract subject to fulfillment of certain conditions as prescribed under the law, e.g. when an agreement is enforceable at law can become a contract otherwise not.

VOID AB INITIO as all have well explained is the agreement which lacks from very beginning or in a simple sense VOID because of the subject matter in itself is UNLAWFUL or VOID, the term(in fact phrase) has not only got its significance in LEGAL terminology but otherwise too.

AASHI (Pursuing articleship) (1482 Points)
Replied 09 March 2012

Void ab initio....void from the beggining... hindi...shuru se hee void

Mukesh Kumar Singh (CA-FINAL) (4094 Points)
Replied 14 March 2012

Originally posted by : Pratiksha
	Ab initio means from the beginning so void ab initio means void from the beginning. If an agreement is known to be void even before it comes into existence then it is known to be a void ab initio agreement. Such agreements donot become contracts because to be a contract, an agreement must be legally enforceable; a quality void agreements lack. Void ab initio is a legal term and it is in Latin like all other legal terms.

TOTALLY AGREED