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void, voidable and illegal aggrements

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Guest
(Guest)
If a agreement is not signed by a witness....will it be termed as a voidable agreement??....Is it vaild then???
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Rajesh Itty Eapen

Rajesh Itty Eapen (111 Points)
Replied 05 March 2008

i think tat an agrrement can b voidable... and these happen in cases where a third party comes into play... like seconding...and at the option of the other party, it can b void or valid...i guess i'm not wrong..read it in a book....

Guest
(Guest)

Voidable contracts are those which have the legal entity while the void agreement are tainted with illegality meaning thereby having no place in the eye of law and making no contract at all.

Dear for your  kind information the contract cannot be the illegal nonetheless there is the concept of illegal agreement but it is ab initio because void at its inception making no contract at all.


vaibhav

vaibhav (CA & CS) (577 Points)
Replied 16 November 2008

various persons have tried to explain you the meaning of different words. if you further requires example then visit on the side vakil no 1 .



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