Section 133: Warranty of solvency of debtor

The Transfer of Property Act, 1882

1[Chapter-VIII Of Transfers of Actionable Claim 

Section 133: Warranty of solvency of debtor.

133. 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.


Reference:

1. Subs. by Act 2 of 1900, s. 4, for the original Chapter VIII.

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