1
No consideration no contract-Exception to the
rule

• Natural love and affection
• An agreement made without consideration is
  valid if it is express in writing and registered
  under the law and it is made on account of
  natural love and affection between parties
  standing in a near relation to each other.

2
No consideration no contract-Exception to the
rule

• Example Abir for natural love and affection
  promise to give his son Babu Tk. 1,oo,ooo. Abir
  puts his promise to his son Babu in writing And
  it has been registered. Actually there is no
  consideration but it is a good contract.

3
No consideration no contract-Exception to the
rule

• Example-2 An agreement entered into by a
  husband with his wife,during quarrel and
  disagreement, whereby the husband promised to
  give some property to his wife. The agreement is
  void because, under the circumstances ,there is
  no natural love and affection between husband and
  wife.

4
No consideration no contract-Exception to the
rule

• 2. Voluntary compensation
• A promise made without consideration is valid if
  it is a promise to compensate wholly or in a
  part, a person who has already voluntarily done
  something for the promisor or something which the
  promisor was legally bound to do.

5
No consideration no contract-Exception to the
rule

• Example Dalim findi Bobys purse and gives it
  to her. Boby promise to give Dalim Tk. 1000.
  There is no consideration but its a good
  contract.
• Example-2 Dalim suport Bobys infant son. Boby
  Boby promise to Dalims expenses in so doing .
  There is no consideration but its a good contract

6
No consideration no contract-Exception to the
rule

• 3. Time barred debt A promise to pay wholly or
  in a part, a debt which is barred by the law of
  limitation can be enforced if the promise is in
  writing and signed by the debtor or his
  authorised agent.
• The debt must be a liquidated or ascertained sum
  of money and there must be a definite promise to
  pay.

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