Generally, an agreement needs something of value (consideration) to be valid. However, there are exceptions. If it's written and due to love between family, or if someone promises to pay for a past voluntary act, or to pay a debt that's too old to be legally enforced, it can still be valid.
A promises to give his son B ₹10,000 because of natural love and affection. This agreement is valid because it's in writing and based on love.
- •You have the right to know if an agreement is legally binding.
- •Agreements based on love and affection between family members are often valid.
📒 Legal text sourced from The Gazette of India & AdvocateKhoj Bare Acts Library
⚖️ Content reviewed by Adv. Shailendra Babbar, Seasoned Advocate, with 31 years of legal practice
📚 Act Reference: Indian Contract Act
Disclaimer: This content is for informational purposes only and does not constitute legal advice. Consult a qualified advocate for specific legal matters.