Section 29

Section 29 of the Indian Contract Act, 1872, provides that agreements made without consideration are void, unless they are in writing and registered, or unless they are a promise to compensate for something done, or unless they are a promise to pay a debt barred by the law of limitation. According to this section, 'Agreements made without consideration are void, unless- they are in writing and registered; or they are a promise to compensate for something done; or they are a promise to pay a debt barred by the law of limitation.' The section emphasizes that consideration is an essential element of a contract, and an agreement made without consideration is not enforceable. However, there are exceptions to this rule, such as where a promise is made to pay a debt that is barred by the law of limitation. The court in the case of Kedarnath v. Ghanashyam held that an agreement made without consideration is void, unless it falls under one of the exceptions.