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In case of a ‘Void Contract’ there is no legal remedy for the parties to the contract. Even the court will not permit performance of the contract, even if the parties desire.

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The CMA Foundation exam syllabus includes the following topics under the Fundamentals of Business Laws and Business Communication (FBLC) paper:
Indian Contract Act, 1872
Sale of Goods Act, 1930
Negotiable Instruments Act, 1881

Section A: Introduction, sources of law, legislative process in India, legal methods and court system in India 
 


In case of a ‘Void Contract’ there is no legal remedy for the parties to the contract. Even the court will not permit performance of the contract, even if the parties desire.






 
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