Solution

From section 10 and section 11 of the Indian Contract Act, it is clear that the person, by reason of infancy, is incompetent to contract. Consequently, a minor’s agreement is void ab initio and cannot be enforced by either of the parties to the contract. Ratification of minor’s agreement: An agreement with a minor is void and therefore, it cannot be ratified by him after attaining the age of majority and the consideration given to the minor during minority cannot be a valid consideration for the promise made by him after attaining the majority. Further Section 12 states that: What is a sound mind for the purposes of contracting: A person is said to be of sound mind for the purpose of making a contract, if, at the time when he makes it, he is capable of understanding it and of forming a rational judgment as to its effect upon his interests. A person who is usually of unsound mind, but occasionally of sound mind, may make a contract when he is of sound mind. A person who is usually of sound mind, but occasionally of unsound mind, may not make a contract when he is of unsound mind.