Question Scenario
Ayush, who is a minor, purchased 10 fancy coats for the wedding ceremony of his sister on credit from M/s Surjewala & sons. The cost of all coats was ` 80,000. Not even a single coat was a necessity. Ayush has assets of worth of ` 1,00,000. M/s Surjewala & sons file a suit against Ayush for recovery of ` 80,000 out of his assets. Following the provisions of Indian Contract Act, 1872, whether Ayush is liable to pay ` 80,000 to M/s Surjewala & sons?
Estimated Writing Time: 5 mins Try in Practice Mode