CA Foundation doubt
A minor who entered into a contract, and now he is a major who will be liable for any act ?
Asked by Krishna24 May 2024427 views
CA Foundation doubt
Asked by Krishna24 May 2024427 views
veera · 25 May 2024
Contract with minor is void ab intio and ratification of minor also void
veera · 25 May 2024
Contract with minor is void ab intio and ratification of minor also vodi
Meenakshi · 24 May 2024
According to the provisions of indian contract act, 1872 A contract with a minor is void . Example B a minor gets into a contract with C After a few months B turns major But B was a minor when he signed into the contract so it's still a void contract
A · 24 May 2024
Contract with minor is considered as Void-ab-initio. Minor is not liable for his dids done as a minor... after attaining majority as well
Naman · 24 May 2024
Contract with minor is void ab initio from very first
Unnati · 24 May 2024
Contact with minor cannot be ratified i.e even after attaing major he is not liable
Tulip · 24 May 2024
He will not be liable for any acts he has done when he was a minor ( except civil wrong )even after attaining majority .
Unnati · 24 May 2024
No
Himanshi · 24 May 2024
Yess now he is liable for any contract when he is major
Tulip · 24 May 2024
A contract with minor is void .
Free app · 5 lakh+ learners
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.