Section 133 TPA — Warranty of solvency of debtor

The Transfer of Property Act, 1882 · Official PDF page 45

133. Warranty of solvency of debtor .—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.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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