Section 142. Guarantee obtained by misrepresentation, invalid

Category of Bare Act Name of the Act Year of Promulgation
Civil Laws Indian Contract Act, 1872 1872
Act Number Enactment Date Chapter Number
9 1872-04-25 8
Chapter Title Ministry Department
Of indemnity and guarantee Ministry of Law and Justice, Legislative Department Department of Law and Legislative Affairs

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.