The near-unfettered right of an infant to update contracts poses serious problems for the entertainment industry due to the large number of contracts with minors. Recognizing this problem, California and then New York have passed laws that provide for judicial authorization of contracts relating to a minor`s entertainment industry that restrict the minor`s right to rejection. Under the Indian Majority Act of 1875, the age of majority in India is considered to be 18. Even a day below the age of entry of the contract disqualifies the person from the game. Anyone residing in India who has not reached the age of 18 is designated as a minor. On the other hand, trade restrictions against minors may be unenforceable, even if they were enforceable against an adult. As with adult contracts, minors must meet certain conditions before a contract is considered enforceable. The main requirement is to have the ability to award a contract. Contractual capacity is questionable in the treatment of minors, as the argument is that a minor is considered insufficiently comprehensible to understand and transmit matters related to contractual rights.
Accordingly, a person who deals with a minor does this at his own risk and subject to the minor`s right to avoid the contract. There are many problems that can arise when a contract contains a minor. Employment contracts with minors also require special attention. Keep in mind that one of these disputes is not decided by the parties, but must be brought before a court to decide whether the jurisdictional issue is ongoing. Even if a minor mis-presents himself as a major and accepts a loan or enters into a contract, he or she could claim a minority. The Estoppel rule does not apply to a minor. He was able to plead his minority in his defense. The child could not be declared insolvent because he cannot resort to debts. If the minor`s property is the result of an tax payable, the minor is not required to pay these fees.
If you want to enter into a contract with someone and you want to be able to bring the person to court if the contract is violated.