A void agreement is defined under section 2(g) of Indian Contract Act, 1872, as an agreement which cannot be enforceable by law, i.e. such agreements cannot be challenged in the court of law. Such an agreement lacks legal consequences, and so, it does not confer any rights to the parties concerned. A void agreement is void from the day, it is created and can never turn into the contract.

Explanation:

A void agreement is an agreement that is not enforceable by law. It is an agreement that lacks legal effect from the outset. The law considers it null and void, and it does not create any legal rights or obligations for the parties involved.

Reasons for an agreement being void:

There are different reasons why an agreement might be considered void. Some of the most common reasons include:

1. Agreement is against public policy: An agreement that goes against public policy is void. For example, an agreement to commit a crime or an agreement that encourages discrimination is void.

2. Agreement is illegal: An agreement that is illegal is void. For example, an agreement to sell illegal drugs is void.

3. Agreement is made by parties who are not competent: An agreement made by parties who are not competent is void. For example, an agreement made by a minor is void.

4. Agreement lacks consideration: An agreement that lacks consideration is void. Consideration is something of value that is given in exchange for something else. For example, an agreement to give a gift is void because it lacks consideration.

5. Agreement is uncertain: An agreement that is uncertain is void. For example, an agreement to buy "some goods" without specifying the quantity or the price is void.

Enforceability of a void agreement:

A void agreement is not enforceable in a court of law. This means that neither party can go to court to enforce the terms of the agreement or to seek damages for any breach of the agreement.

In other words, a void agreement is a non-contract. It does not create any legal rights or obligations for the parties involved. Therefore, if a party wants to enforce their rights or seek damages, they will have to rely on some other legal basis.

Conclusion:

In conclusion, a void agreement is an agreement that is not enforceable by law. It lacks legal effect from the outset, and it does not create any legal rights or obligations for the parties involved. A void agreement is not enforceable in a court of law, and if a party wants to enforce their rights or seek damages, they will have to rely on some other legal basis.

Explanation:

A void agreement is one that is not enforceable in a court of law. This means that the agreement is null and void from the beginning and cannot be enforced by any party. The following points explain the reasons for an agreement to be void:

1. Agreement made by incompetent parties: If an agreement is made between parties who are not competent to contract, it is void. For example, an agreement between a minor and an adult is void.

2. Agreement made under coercion: If an agreement is made under coercion, it is void. Coercion means the use of force or threats to compel someone to do something against their will.

3. Agreement made under fraud: If an agreement is made under fraud, it is void. Fraud means the use of deceitful or dishonest means to acquire something.

4. Agreement made with unlawful consideration: If an agreement is made with an unlawful consideration, it is void. For example, an agreement to commit a crime is void.

5. Agreement made against public policy: If an agreement is made against public policy, it is void. For example, an agreement to bribe a public official is void.

Conclusion:

In conclusion, a void agreement is one that is not enforceable in a court of law. Void agreements are null and void from the beginning and cannot be enforced by any party. The reasons for an agreement to be void include incompetent parties, coercion, fraud, unlawful consideration, and agreement against public policy.