Distinguish fraud from misrepresentation, with the Nepalese provisions.

Void contract: nullity from the start (or from the moment the illegality attaches) — no legal existence, no ratification, the court refusing enforcement to anyone. Voidable contract: valid until the aggrieved party avoids it — the avoidance's election (to rescind or affirm); ratification possible. The Nepali Code Part V's own classification (the void-and-voidable provisions; the Code's remedies chapter linking rescission to the consent vitiators — Unit 8).