Which of the following agreements amounts to restraint of legal proceedings-
Under clause (b) of Section 28 of the Indian Contract Act, 1872, as amended in 1997, an agreement is void as being in restraint of legal proceedings "Where the parties agree…
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Which of the following agreements amounts to restraint of legal proceedings-
Answer and explanation
Correct answer D
Under clause (b) of Section 28 of the Indian Contract Act, 1872, as amended in 1997, an agreement is void as being in restraint of legal proceedings "Where the parties agree to extinguish the rights of any party or discharge the other party from liability, in respect of a contract on the expiry of a specified period".
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