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

Statement I: Section 10 does not affect any law in force in India that requires a contract to be made in writing or in the presence of witnesses. Statement II: Section 10 does not affect any law relating to registration of documents. Which is correct?

Both statements are correct. The second paragraph of Section 10 preserves any Indian law requiring a contract to be in writing or in the presence of witnesses, and any law relating to registration of documents. Such requirements therefore continue to apply alongside the general essentials of a valid contract.

  1. AOnly Statement I is correct
  2. BOnly Statement II is correct
  3. CBoth Statements I and II are correctCorrect
  4. DNeither Statement I nor II is correct

Explanation

The second paragraph of Section 10 says nothing in it affects any law requiring a contract to be in writing or before witnesses, or any law relating to registration of documents. Both statements restate this, so both are correct.

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