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In this video lecture, the topic of void agreements in Indian contract law, specifically under Sections 26 to 30, is discussed. Void agreements are defined as unenforceable in court, meaning legal action cannot be taken against parties involved. An example provided is minor agreements, which are considered void, preventing any legal recourse against minors. The lecture then delves into specific types of void agreements, starting with Section 26, which addresses restrictions on carrying out similar or competing businesses within specified local limits. Additionally, it mentions how the Partnership Act imposes restrictions on existing and outgoing partners regarding similar competitive businesses in defined areas.
