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CA Foundation doubt

Srishti, a minor, falsely representing her age, enters into an agreement with an authorised Laptop dealer Mr. Gupta, owner of SP Laptops, for purchase of Laptop on credit amounting `60,000/- for purch

Asked by Umang14 Jun 2024397 views

4 answers

  1. Mohamad · 14 Jun 2024

    Minors can't bind his parents or guardian liable

  2. Krish · 14 Jun 2024

    Here in all cases amount is not recoverable

  3. Krish · 14 Jun 2024

    Here 1. Any contract with minor is void ab initio 2. Minor cannot bind parents 3. No the amount is not recoverable

  4. Simar · 14 Jun 2024

    In every cases Mr.Gupta can't claim his outstanding amount or amount with interest

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