But my house worth 25 lakh she give me 1 lakh which inadequate (which not the value of my house) so contract is valid as my consent was free

example if I want to transfer my house 🏠 worth 25 lakh to my wife so she can give me 1 lakh rupees as consideration to contract

CA Foundation doubt

Can u explain this

Asked by Manju18 Jun 2024262 views

2 answers

Rehan · 18 Jun 2024
But my house worth 25 lakh she give me 1 lakh which inadequate (which not the value of my house) so contract is valid as my consent was free
Rehan · 18 Jun 2024
example if I want to transfer my house 🏠 worth 25 lakh to my wife so she can give me 1 lakh rupees as consideration to contract

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