IC Act 21Chapter II · Of Contracts, Voidable Contracts and Void Agreements
Section 21 · Effect of mistakes as to law
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A contract is not voidable because it was caused by a mistake as
to any law in force in 1
India; but a mistake as to a law not in force in 1
India has the same effect as a
mistake of fact.
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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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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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