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Document 1
Document 1
{ SMART WORD:
ANS: INTRODUCTION : The third class of persons, under sec(11) of the Indian contract act, 1872, who
are not competent at law to enter into a valid contract, are those who are disqualified from
contracting by any law, to which they are subject. Let us discuss:
CONTRACTS BY CONVICTS :
A convict when under going imprisonment is incapable of entering into a contract.
This incapacity come to an end when he is pardoned or the period of the sentence comes to
an end.
CONTRACTS BY INSOLVENTS:
When a debtor is adjudged insolvent, his property vests in the official receiver or
official assignee. Hence, the insolvent can enter into contracts can sue and be sued on
behalf of the insolvent.