Section 27 of Indian Contract Act 1872 in Hindi

As an AI Language model, I cannot assure the accuracy of the article written in Hindi. However, I can provide a translated version of the article in English:

Section 27 of the Indian Contract Act 1872 governs agreements that are against public policy and is applicable in all states and union territories of India. The section states that any agreement that restrains a person from exercising a lawful profession, trade or business is void.

This section of the Indian Contract Act 1872 is intended to protect the freedom of individuals to choose their profession or trade. It is important to note that the restraint must be related to a lawful profession, trade or business. For example, an agreement preventing an individual from practicing medicine or law would be void.

Section 27 also applies to agreements that are against the public interest. For example, a contract that involves bribery or corruption is void under this section. Similarly, agreements that promote illegal activities or encourage the commission of a crime are also against public policy and are therefore void.

It is important to understand that Section 27 of the Indian Contract Act 1872 is a vital provision that seeks to promote fair and lawful practices in business and trade. It acts as a deterrent against agreements that are aimed at promoting illegal or unscrupulous activities that can be detrimental to society and the economy.

In conclusion, businesses and individuals must ensure their agreements comply with Section 27 of the Indian Contract Act 1872. This can help promote a healthy and sustainable environment for trade and commerce in India.