The general rule of contract law is "no consideration, no contract.
" This means a promise is not enforceable unless something of value is given in return.
However, Section 25 of the Indian Contract Act, 1872, provides specific exceptions to this rule.
Section 25(1) states that an agreement made without consideration is not void if it is:
expressed in writing and registered under the law, and
is made on account of natural love and affection, and
is between parties standing in a near relation to each other.
Thus, under these specific conditions, natural love and affection can serve as the basis for a valid contract even without formal consideration.