What are the consequences for laws that are inconsistent with or in derogation of fundamental rights?
The consequences for laws that are inconsistent with or in derogation of fundamental rights, according to the given context, are as follows:

1. All laws in force in India immediately before the commencement of the Constitution, which are inconsistent with the provisions of Part III (Fundamental Rights), shall be void to the extent of such inconsistency. This means that such laws will not be applicable or enforceable in India as they violate the fundamental rights guaranteed by the Constitution.
2. The State shall not make any law which takes away or abridges the rights conferred by Part III. Any law made in contravention of this provision shall also be void to the extent of the contravention, meaning it will not apply or have legal effect in India as it violates the fundamental rights guaranteed by the Constitution.