Validity of oral contracts in india
Generally, oral contracts will be enforced, so long as the basic elements of a contract are present: an offer, an acceptance, an exchange of consideration, and a 17 Jun 2019 A family agreement is a valid, legally binding and enforceable contract, and is Though a family agreement has not been defined statutorily under Indian laws, An oral agreement recorded as a memorandum is also readily 12 Mar 2018 India's economy is rapidly growing according to World Bank ranking and Ease of Oral contracts are valid contracts under section 10 of Indian