A Case LALMAN V/S GAURI DATT-1913: The nephew of the accused fled his native country. The plaintiff, who was a defendant servant, was sent to search for the missing boy. After the plaintiff went in search of a boy, the defendant issued a flyer announcing a reward of Rs.501.00 to anyone who could find his boy. The complainant, who was not aware of this reward, managed to find the boy. When he learned of the reward that had been announced in his absence, he filed a complaint against the accused to claim the reward. It was taken into account because the complainant was unaware of the reward offer, his act of bringing the lost boy was not limited to accepting his offer, and was therefore not allowed to claim the reward. Where a person is aware of the offer, his participation is equivalent to the acceptance of it under the conditions of the offer. In this case, it does not matter that at the time of acceptance of the offer, the acceptor does not intend to benefit from the reward mentioned in the offer. All such agreements that meet the requirements set out in Section 10 of the Indian Contracts Act are contracts. Section 10 is as below – the agreement can be divided into two categories: “Applicable by law” [known as a contract]; Not “applicable by law” [known as cancellation].
Therefore, only these agreements are legally enforceable contracts. The concept of countervailable contracts: there are certain agreements that can be implemented by one party, but not to the extent possible by other parties. It is for that party to decide whether it is prepared to enforce the treaty or to render it inapplicable, i.e. null and void. Countervailable agreements are therefore both valid and invalid agreements. The marked scope of countervailable agreements means that they may be considered invalid or cancelled at the discretion of a party and thus cover the scope of valid and invalid agreements. Other legal requirements – An agreement must meet the requirements or formalities required by a particular law. An agreement must be in writing, certified and registered if required by a law in force in India. Some agreements, such as: – the aforementioned conditions must be met to make an agreement legally enforceable.
The contract becomes void if one of the aforementioned conditions is not met, except in the case of free consent where the contract becomes questionable instead of being annulled and if the party whose agreement was not free at the time of the conclusion of the contract has the discretion to continue or not the contract. The consideration or object is considered illegal if – betting contract: In the presidency of Bombay betting contract are illegal by law, and corrupt guarantees transactions make the subjects invalid….