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In restrain to trade

Trade combination is an exception to in restraint of marriage .what does that mean ???


Reetikaa  R

Reetikaa R

CA Foundation

4K+

29-Mar-21 22:52

19

Answers (4)

It's a restriction can stop the other party to marry and it is considered as valid Generally restraint of marriage is void


sai t

sai t

CA Foundation

295

29-Mar-21 22:59

Trade combination is an Exception to Rule that an Agreement in Restraint of Trade is Void. It means that when say some businesses form a group to regulate their business or say fix prices, that combination is not void, provided it is not against public interest.


Sahibdeep Singh

Sahibdeep Singh

Moderator

30-Mar-21 10:31

Is it like cartel sir ??

No. In cartel, objectives are different. Simple example of trade combination could be 'Shopkeeper Association'


Sahibdeep Singh

Sahibdeep Singh

Moderator

31-Mar-21 10:34

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