agreement; (f) Promises which form the consideration or part of the consideration for each other, are called reciprocal promises; (g) An agreement not enforceable ... said to be void; (h) An agreement enforceable by law is a contract; (i) An agreement which is enforceable by law at the option
agreement between the parties
obliges both the parties to the agreement to act according
to the terms of the agreement. A valid arbitration agreement
envisages ... arbitration agreement. When a party
to the agreement has filed a suit in breach of the agreement
and the other party to the agreement
parties to
the agreement may not have, when they entered into the
agreement, known that the agreement was in law not
enforceable. They might have ... parties to the
agreement may not have, when they entered into
the agreement, known that the agreement was in
law not enforceable. They might have
agreement, whether in the form of an arbitral clause or arbitration agreement, should be in writing signed by the parties. The agreement envisaged ... commercial arbitration agreements in international contracts and to unify the standards by which agreements to arbitrate are observed and arbitral awards are enforced
provisional agreement and it cannot be said to be a concluded agreement and as such the agreement Ext. 1 is not enforceable ... said agreement and as such the said agreement is itself a void agreement and that being so a void agreement cannot be split
agreements collateral
to the original agreement are also void. Here the
collateral agreement refers to the transaction
associated or incidental to the main agreement ... void agreement. An illegal agreement is one which is
not permissible under law.
[2] Certain void agreements are void ab initio while
some agreements become
agreements
collateral to the original agreement are also void. Here
the collateral agreement refers to the transaction
associated or incidental to the main agreement ... agreement can be
drawn clearly on the following grounds:
[1] An agreement which loses its legal status is a void
agreement. An illegal agreement
agreement from the underlying
substantive contract in which it is embedded; whether an arbitration
agreement would be non-existent in law, invalid or un-enforceable ... have arisen for our consideration are :
i. Whether an arbitration agreement would be enforceable and
acted upon, even if the Work Order dated
Whether the
agreement referred to means only the agreement with a
foreign buyer or would include any binding or enforceable
agreement to export even with ... agreement"
mentioned therein necessarily refers to the agreement with a
foreign buyer or would include any biding or enforceable
agreement to export with
treated to constitute a separate and independent agreement,
severable from the main agreement can be enforced separately
and independently.
Since, in the instance case ... consideration
for each other is an agreement, law
is a contract. Section 65,
therefore, deals with (a)
agreements enforceable by law and
(b) with agreements
