Exception to the Rule of Consideration

By | January 19, 2019
Bond of Accused and Sureties

Last Updated on 2 years by Admin LB The exception to the rule of consideration squarely falls within the purview of the statute. Indian Contract Act in section 25, categorically provides for the three situations whereby the requirement of consideration ends. It is natural to love, affection, voluntary service and payment of the time-barred debt. Introduction As defined...

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