Question
Ques3. Mr. XYZ, a moneylender, lends Rs50,000 to a minor on the basis of a representation that he was of full age. Out of this
Ques3. Mr. XYZ, a moneylender, lends Rs50,000 to a minor on the basis of a representation that he was of full age. Out of this amount Rs31,000 are spent by the minor for purchasing a two- wheeler scooter and Rs19,000 are spent on entertaining his friends in a fivestar hotel. On minor's failure to pay back the borrowed amount, Mr XYZ files a suit for recovery of Rs55,000 (inclusive of interest). The defendant pleads that the contract was absolutely void because of his minority.
Discuss whether
a) The minor is stopped from pleading his minority.
b) Mr XYZ can seek the refund of money under section 64 or 65 of the Indian Contarct Act,1872.
c) Mr XYZ can at all seek some relief or not.
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