Section 142 - Guarantee obtained by misrepresentation invalid : Indian Contract Act 1872

Is Guarantee obtained by misrepresentation invalid? Section 142 of Indian Contract Act 1872


 

Section 142 of Indian Contract Act 1872 : "Guarantee obtained by misrepresentation invalid"

142. 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.

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