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Companies Law - Highlights / Catch Notes

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Enforceability and validity of Oral Agreement - oral agreement ...


Oral Agreement on Water Lifting Ruled Unenforceable, Breaches Section 297 of the Companies Act. Contract Avoidance Moot.

June 18, 2021

Case Laws     Companies Law     HC

Enforceability and validity of Oral Agreement - oral agreement for lifting water, exists or not - The first Appellate Court rightly came to the conclusion that there has been a breach of Section 297 of the Companies Act. Since I have held that a oral contract of this nature cannot bind the defendant, the question of avoiding such a contract also does not arise. - HC

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