Where the transferor of a debt warrants the solvency of the debtor, the warranty, in the absence of a contract to the contrary, applies only to his solvency at the time of the transfer, and is limited, where the transfer is made for consideration, to the amount or value of such consideration.
Section 133: Warranty of solvency of debtor.
The Transfer of Property Act, 1882Central Act · Act 4 of 1882
Where this provision sits
| Act | The Transfer of Property Act, 1882 |
|---|---|
| Section | 133 |
| Marginal note | Warranty of solvency of debtor. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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