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