Question

State which of the following agreements are void?

• A. Agreement to the effect that a suit should be instituted within a short period than prescribed under the Law of Limitation
• B. An agreement to the effect to extend the period within which an action for breach should be taken
• C. An agreement by which a party is restricted absolutely from exercising his right under the contract by usual legal proceeding
• D. All the three

Answer 1

The correct option is D All the three

Every agreement by which any party thereto is restricted absolutely from enforcing his rights under or in respect of any contract, by the usual legal proceedings in the ordinary tribunals, or which limits the time within which he may thus enforce his rights; or which extinguishes the rights of any party thereto, or discharges any party thereto, from any liability, under or in respect of any contract on the expiry of a specified period so as to restrict any party from enforcing his rights, is void to that extent.

Hence, all the options are restraint in the legal proceedings.