Nepal contract law: Here are requirements for validity and voidness
english.onlinekhabar.com · Mon Jul 05 03:19:00 GMT 2021
In general, a contract is a legal agreement between two or more parties. Any agreement between two or more people to do or not to do any act enforceable by the law is deemed as a contract. The Supreme Court of Nepal in one of its decisions has described a contract as a deed where both parties agree for a commission or an omission of an act for a certain consideration of something. Hence, the contract includes of agreement with parties that are two or more people who agree to conduct or not conduct any act. All the agreements signed between two people are valid and enforceable by law considered contracts.
Validity and voidness
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