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Indian Contract Act, 1872

21. Effect of mistakes as to law

A contract is not voidable because it was caused by a mistake as to any law in force in 6[India]; but a mistake as to a law not in force in 6[India] has the same effect as a mistake of fact.

7 [* * * ]

Illustration

A and B make a contract grounded on the erroneous belief that a particular debt is barred by the Indian Law of Limitation; the contract is not voidable.









  

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