Contract Act 1950 Section 23

1 agreement to do impossible act 2 contract to do act afterwards becoming impossible or unlawful 3 compensation for loss through non performance of act known to be impossible or unlawful.

Contract act 1950 section 23. What considerations and object are lawful and what not. Section 24 illustration k shows an example of immoral contract. Act 136 contracts act 1950. A s estate is sold for arrears of revenue under the provisions of an act of the legislature by which the defaulter is prohibited from purchasing the estate.

Section 24 e of contracts act 1950 contracts law lw486 lw224 1 nursyahirah bt mohammad jubri 2 anis arina bt mohd isa 3 anis farhanni bt ahmad fozi prepared for. Section 24 illustration f shows an example of against public policy. In this case the appellant on marrying the respondent had agreed to pay the respondent 5000 if he. Under the contract act 1950 section 24 e any contract which its consideration or object is regarded as immoral or opposed to public policy is void under the law.

Section 23 in the indian contract act 1872. Section 23 in the minimum wages central rules 1950 15 23 weekly day of rest. Further effects relating to force majeure is also provided under section 66 of contract act 1950. Of contingent contracts section 32.

E a contracts to act at a theatre for six months in consideration of a sum paid in advance by b. Otherwise there would be overlapping of the two concepts. Reciprocal promise to do things legal and also other things illegal. Marry a particular person conditions which weakens the stability of marriage marriage brokage hamzah bin musa v fatimah zaharah binti mohamed jalal 1982 1 mlj 361 facts.

What consideration and objects are lawful. Madam sheela jayabalan in two situations i void agreements ii contract becomes void any person who. The contract to act on those occasions becomes void. The provisions of section 23 of the contract act indicate the legislative intention to give it a restricted meaning.

Not later than the end of the 1 year period beginning on the date of enactment of this act may 24 2018 the securities and exchange commission shall propose and not later than 2 years after the date of enactment of this act the securities and exchange commission shall finalize any rules as appropriate to allow any closed end company as defined in section 5 a 2 of the investment. Its juxtaposition with an equally illusive concept public policy indicates that it is used in a restricted sense. Contract caused by mistake of one party as to matter of fact 24.