Agreement void, if made without consideration
X X X X Extracts X X X X
X X X X Extracts X X X X
....ed in writing andregistered under the law for the time being in force for the registration of documents, and is made on account of natural love and affection between parties standing in a near relation to each other, or unless (2) or is a promise to compensate for something done.— It is a promise to compensate, wholly or in part, a person who has alre....
X X X X Extracts X X X X
X X X X Extracts X X X X
....se the consideration is inadequate ; but the inadequacy of the consideration may be taken into account by the Court in determining the question whether the consent of the promisor was freely given. Illustrations (a) A promises, for no consideration, to give to B Rs. 1,000. This is a void agreement. (b) A, ....
TaxTMI