I have identified some points of differences that are given below,
Illegal agreement:
1- Prohibited:
An illegal agreement is prohibited by law.
2- Punishable:
An illegal agreement is punishable.
3- Nature:
An illegal agreement is also void agreement.
4- object:
The object of illegal agreement is illegal.
5- Collateral agreement:
A collateral agreement to an illegal agreement is not enforceable.
6- Restoration of benefits:
In illegal agreement the money paid can not be claimed back.
Void agreement:
1- Prohibited:
A void agreement is not prohibited by law.
2- Punishable:
A void agreement is not punishable.
3- Nature:
A void agreement is not illegal agreement.
4- object:
The object of void agreement is not illegal.
5- Collateral agreement:
A collateral agreement to a void agreement is enforceable.
6- Restoration of benefits:
In void agreement the money received must be returned to the other party.
wow !! thank u ^_^
ReplyDeleteTry out this link too it's very helpful http://education1234567.blogspot.in/2010/01/difference-between-void-agreement-and.html?m=1
ReplyDeleteYour link was quite helpful.
Deletethank you
what are similarities between them please tell me at khateebteebi@gmail.com
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteNicely explained....!
ReplyDelete