Section 142:
Guarantee obtained by misrepresentation invalid.
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.
9/1872 - The Indian Contract Act, 1872 ▶
Act Number: 9
Act Name: The Indian Contract Act, 1872
Year: 1872
Enactment Date: 1872-04-25
Long Title:
Ministry: Ministry of Law and Justice
Department: Legislative Department