Bare ActsThe Indian Contract Act, 1872

Section 142

Guarantee obtained by misrepresentation invalid.

Amendment status not verified — confirm the current text below against the official source.

Any guarantee which has been obtained by means of misrepresentation made by the creditor, or with his knowledge and assent, concerning a material part of the transaction, is invalid.

Amended up to 2018-12-17View on India Code →
Section 142 – The Indian Contract Act, 1872 | DailyLaw.ai