Indian Contract Act Section 22 — Contract caused by mistake of one party as to matter of fact

CHAPTER II OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTS

Commercial / Corporate

Summary

A contract cannot be set aside simply because one of the parties to it was mistaken about a fact. The mistake must be something more than just one side's error for the contract to be treated as invalid.

Official Text

A contract is not voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact.