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TypeBare Act JurisdictionCentral Government

Indian Contract Act, 1872 Section 27

Agreement in Restraint of Trade Void

~1 min read
https://sooperkanoon.com/act/14345

Bare act section · Research

About this section

Indian Contract Act, 1872 Section 27 is part of Indian Contract Act, 1872 - Agreement in Restraint of Trade Void. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) Every agreement by which any one is restrained from exercising a lawful profession, trade or business of any kind, is to that extent void.

Exception 1.-Saving of agreement not to carry on business of which good-will is sold.--One who sells the good-will of a business may agree with the buyer to refrain from carrying on a similar business, within specified local limits; so long as the buyer, or any person deriving title to the good-will from him, carries on a like business therein, provided that such limits appear to the Court reasonable, regard being had to the nature of the business.

1[ * * * ]

______________________

1. Exceptions 2 and 3 rep. by Act 9 of 1932, section 73 and Schedule II.

Frequently asked questions

What does Indian Contract Act, 1872 Section 27 provide?

Section Section 27 of the Indian Contract Act, 1872 (Agreement in Restraint of Trade Void) is reproduced on this page as part of the Indian Contract Act, 1872. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Indian Contract Act, 1872 Section 27?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Indian Contract Act, 1872 Section 27. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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