TypeBare Act JurisdictionCentral Government Enacted1872

Contract Act, 1872 Section 20

AGREEMENT VOID WHERE BOTH PARTIES ARE UNDER MISTAKE AS TO MATTER OF FACT Where both the parties to an agreement are

Section Text

SECTION 20: AGREEMENT VOID WHERE BOTH PARTIES ARE UNDER MISTAKE AS TO MATTER OF FACT Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is void. Explanation: An erroneous opinion as to the value of the thing which forms the subject-matter of the agreement is not to be deemed a mistake as to a matter of fact.