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commercial law

2006-08-04 17:52:40 · 9 answers · asked by riya 1 in Local Businesses India Chennai

9 answers

In India, agreements with minors are not enforceable against the minors and voidable at the option of the minors. Such agreements are also not enforceable against their parents/guardians if not endorsed by them.

2006-08-04 19:24:38 · answer #1 · answered by helpaneed 7 · 0 0

hi riya, am a lawyer practising in delhi. an agreement enetered with a minor is void ab initio. i.e. invalid from the beginning. a minor can not enter an agreement and even if he does, it has no legal effect. e.g. a minor borrows a sum of rs. 500 and enters an agreement to pay it back, the lender can not approach the court for recovery, even if he does, his suit would be dismissed. a minor can validate the contract or agreement on his attaining his age of majority but thats optional for him and even the ball is in the minor's court.

2006-08-08 00:25:37 · answer #2 · answered by lawyer_rajiv 2 · 0 0

An animal cannot sue or be sued.
A person who has been declared incompetent cannot sue or be sued.
A minor is not of legal age and cannot sue or be sued. Therefore, a minor cannot enter into a contractual agreement and has to have their legal affairs taken care of by parents under supervision of legal attorney or by a legal attorney of the court.

2006-08-04 18:01:39 · answer #3 · answered by happy 3 · 0 0

Agreements entered with a Minor is voidable... But he can be beneficiary or subject matter of the contract... Refer for clarification in Mercantile Law book... preferably by N.D.Kapoor....

2006-08-05 02:55:49 · answer #4 · answered by Vasu 2 · 0 0

May not be enforceable; on the other hand, parents of the minor could be responsible. Depends on the agreement and the state/country you are in. Ask a local atorney.

2006-08-04 17:57:29 · answer #5 · answered by Maureen F 3 · 0 0

Here in my state, minor is not responsible for his agreement in most case. Exception is the agreements regarding food, clothing, and any necessary items for his well being.

2006-08-04 18:37:45 · answer #6 · answered by novak-9 4 · 0 0

I'm not sure, but minors aren't bound by contracts because they cannot legally enter into one.

2006-08-04 17:57:26 · answer #7 · answered by Anonymous · 1 0

if it's supposed to be a binding contract, and the individual with whom you're entering the contract is a minor, then the latter does not have consideration and, therefore, the contract is null and void.

2006-08-04 17:58:46 · answer #8 · answered by pyg 4 · 0 0

the law will always favor the minor in an effort to protect them.

2006-08-04 17:58:54 · answer #9 · answered by biggun4570 4 · 0 0

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