Factoring Regulation Act, 2011
18. Breach of
contract.-
If the assignor
commits any breach of the original contract with the debtor, such breach shall
not entitle the debtor to recover from the assignee any sum paid by the debtor
to the assignor or the assignee pursuant to the factoring transactions:
Provided that nothing
contained in this section shall affect the rights of the debtor to claim from
the assignor any loss or damages caused to him by reason of breach of the
original contract.