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Under the sale-of-goodwill exception to section 27 of the Indian Contract Act, 1872, the seller may…

Section 27 generally makes agreements in restraint of trade void. Its sale-of-goodwill exception permits specified local limits only so far as they are reasonable in light…

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Under the sale-of-goodwill exception to section 27 of the Indian Contract Act, 1872, the seller may agree not to carry on a similar business within specified local limits. What requirement governs those limits?

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Section 27 generally makes agreements in restraint of trade void. Its sale-of-goodwill exception permits specified local limits only so far as they are reasonable in light of the nature of the business.

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