Who are competent to contract

Every person is competent to contract who is of the age of
majority according to the law to which he is subject2
, and who is of sound mind and is not disqualified
from contracting by any law to which he is subject.

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.