Agreement without consideration void, with limited writing and compensation exceptions ensuring certain promises are enforceable. An agreement made without consideration is void unless it is (a) written and registered and founded on natural love and affection between near relations, (b) a promise to compensate for something already voluntarily done or something the promisor was legally bound to do, or (c) a written and signed promise to pay a debt barred by limitation; in any such case the agreement is a contract. Explanations preserve the validity of actual gifts and permit inadequacy of consideration to be considered when assessing free consent.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Agreement without consideration void, with limited writing and compensation exceptions ensuring certain promises are enforceable.
An agreement made without consideration is void unless it is (a) written and registered and founded on natural love and affection between near relations, (b) a promise to compensate for something already voluntarily done or something the promisor was legally bound to do, or (c) a written and signed promise to pay a debt barred by limitation; in any such case the agreement is a contract. Explanations preserve the validity of actual gifts and permit inadequacy of consideration to be considered when assessing free consent.
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