Joint Stock Company cannot enter into contract outside the powers given to the company by its memorandum of association or by provisions of the corporate law. The diplomatic means the staff of the diplomatic mission of foreign country in contract law. No proceeding in any court shall lie against a diplomatic agent except in the law.
If he acts as an executor, administrator and hired as a private person. Any professional or commercial activity that he exercised outside his office.
An alien means a citizen of a foreign country. An alien whose, country is at peace. A contract with an alien friend is valid in contract law. An alien whose country is at war with country is an alien enemy. A contract with an alien enemy is illegal. An insolvent person cannot enter into contract with anyone regarding his property which is in the control of official receiver in corporate law. After the order of discharge, he can enter into a contract. A convict is a person who has been imprisoned by a court of law. During the period of sentence, he is incapable of entering a contract. However, he can enter into a contract while on parole or through commission. He becomes capable of making a contract when the sentences of imprisonment expire. An agreement by a person of unsound mind is void but he can get benefit under it. However, the person who supplies necessaries to a person of unsound mind or anyone whom he is legally bound to support, can recover reasonable value of those necessaries from the property of such person.
Joint Stock Company cannot enter into contract outside the powers given to the company by its memorandum of association or by provisions of the corporate law. The diplomatic means the staff of the diplomatic mission of foreign country in contract law. No proceeding in any court shall lie against a diplomatic agent except in the law.
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