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CSEET · Business Laws and Management · Elements of Law of Contracts

According to Section 10 of the Indian Contract Act, 1872, all agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration, with a lawful object, and are not expressly declared void. Which of the following is therefore NOT listed in Section 10 as an essential of a valid contract?

Registration of every agreement is not an essential under Section 10. The section requires free consent, competent parties, lawful consideration, lawful object and no express declaration of voidness. Writing, witnesses or registration are needed only where another law specifically demands them.

  1. AFree consent of the parties
  2. BLawful consideration and lawful object
  3. CParties competent to contract
  4. DRegistration of every agreement with a government authorityCorrect

Explanation

Section 10 lists free consent, competent parties, lawful consideration, lawful object and not being expressly declared void. It does not require registration of every agreement. Registration is needed only where some other law in force requires it, as the second paragraph of Section 10 preserves.

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