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Friday, January 11, 2008
Contract Act_Practicle Problems_68
X entered into a contract for the hiring of a room for witnessing the coronation procession of Edward VII. Unknown to both the parties, the procession had already been cancelled. Is this contract valid?
The contract in question would be void as there was a Bilateral Mistake as to existence of subject matter. (Section 20 of Indian Contract Act)
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