Question

For an agreement without consideration to be valid under S. 25(3) of the Indian Contract Act, 1872 it is necessary that

• A. agreement in question must refer to a debt which the creditor might have enforced, but for the limitation
• B. there must be a distinct promise to pay
• C. the promise is in writing, signed by debtor or his agent
• D. All of the above are necessary

Answer 1

The Correct Option is D

Under Section 25(3) of the Indian Contract Act, an agreement made without consideration is valid if it satisfies the conditions specified, including referring to a debt that could have been enforced except for the limitation period, being in writing, and being signed by the debtor or their agent. All these elements must be present for the agreement to be legally binding.