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TITLE. Repealed · CHAPTERVIII OF INDEMNITY AND GUARANTEE

Section 142: Guarantee obtained by misrepresentation invalid

The Indian Contract Act, 1872

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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  1. 1. Under Section 142 of the Indian Contract Act, 1872, a guarantee obtained by means of misrepresentation made by the creditor, or with his knowledge and assent, concerning a material part of the transaction is:

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