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The Contract Act, 1872

Section 142Guarantee obtained by misrepresentation invalid

In forceChapter VIII OF INDEMNITY AND GUARANTEE

Chapter VIII OF INDEMNITY AND GUARANTEE

s. 142

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.

End of s. 142.

Read the contents: The Contract Act, 1872