Q8. Aditya is promoting a company. Before the company is formed, he enters into a contract with
DLF for purchase of land and also agreed to pay 10 crores within a period of 2 moths. The
company was formed within 1 month. On the basis of the facts, answer the following:-
1) Which type of contract is entered by Aditya?
ii) Is the contract legally binding on the company?
im Can DLF Ltd. hold Aditya liable for the payment money?
iv) What can the company do to prevent Aditya from such a situation?
(3)
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