SHORT ANSWER:
The Indian Contract Act, 1872 states that a person must be of the age of majority, which is 18 years, to sign a contract.
DETAILS:
- A person who is a minor (under 18 years) cannot enter into a valid contract.
- Contracts entered into by minors are void ab initio (invalid from the beginning).
- The age of majority is defined under the Indian Majority Act, 1875.
PUNISHMENT / IMPLICATIONS (if applicable):
- No specific punishment, but contracts with minors are unenforceable.
SOURCE:
- Indian Contract Act, 1872 / Indian Majority Act, 1875
Related Questions: