Is a contract in favour of a minor enforceable or is it void, even when it is for the benefit of the minor?

As per the Contract Act, 1872 it is clearly stated that for an agreement to become a contract, the parties must be br competent to contract, wherein age of majority is a condition for competency. A contract in the name of a minor cannot be held valid, simply because it is in the interest of the minor unless he or she is represented by his or her natural guardian or guardian appointed by the court.

Category: Jurisprudence   Posted on: March 10, 2024