Legal Question in Business Law in India

x promise to pay y rs 1000 ten days after the marriage of c state giving reasons whether this is negotiable instrument or not ? if yes what type of negotiable instrment

Asked on 9/28/13, 9:01 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP
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0 attorneys agreed

28.09.2013

Dear Sir / Madam,

NO, this is not a valid contract as per the Indian Contract Act, 1882 simply because the condition of marriage is uncertain and there is no consideration involved in the transaction.

Regards,

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Answered on 9/28/13, 10:04 am


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