The Consideration Or Object Of An Agreement Is Lawful Unless It Is

In addition, despite the inclusion of disclosures, indemnifications, obligations, etc., in the contract and related transactional documents for the purposes of an act in India, the contract or part thereof is contrary to the statutes, rules, injunctions, statutes, directives, etc. in India. In this case, the treaty is not valid for the purposes of an action in India in the light of the provision(s) of the law that have been discussed above, since a party cannot accept an agreement contrary to the law. In addition, the advantage of the inclusion of the aforementioned disclaimer, indemnification and commitment in the contract only protects the interests of the foreign company (our client) in the place whose law has been made applicable to the contract. However, in the event of a breach of Indian law, such exclusion of liability, indemnification and obligation are not grounds for defence, measures taken in India available to the party claiming protection there. 7] The consideration is contrary to public policy For the good of the Community, we limit certain treaties in the name of public policy. But we are not using public policy in the broad sense in this case. If that were the case, it would limit the individual freedom of individuals to enter into contracts. Thus, public policy is used for the purposes of legitimate balancing and object to a limited extent. We focus solely on public order under the law. (k) A agrees to have her daughter hired as a concubine to B. The agreement is inconclusive because it is immoral, although renting under the Indian Penal Code (45 of 1860) may not be punishable. (i) A`s estate is sold for revenue arrears in accordance with the provisions of a law of the legislature that prohibits the defaulting entrepreneur from purchasing the estate.

B becomes a buyer following an agreement with A and undertakes to transfer the estate to A after receiving from him the price paid by B. .