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In this video lecture on Indian contract law, specifically discussing void agreements under Sections 26 to 30, it is explained that such agreements are unenforceable in court. An example provided is that agreements involving minors are void, meaning legal action cannot be taken against them. The lecture covers various types of void agreements, starting with Section 26, which addresses agreements that forbid individuals from engaging in similar or competing businesses within specified local limits. The discussion also touches on the Partnership Act, noting restrictions imposed on outgoing partners regarding similar business activities within those limits.