21Effect of mistakes as to law.
Section 21 · Chapter II · page 16 of the Act
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.
2* * * * *
Illustrations
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.
3* * * * *
1 The original words ‘British India” have successively been amended by the A.O. 1948 and the A.O. 1950 to read as above.
2 Paragraph 2, ins. by the A.O. 1937, and as amended by the A. O. 1948 was Rep. by the A. O. 1950.
3 The second Illustration to s. 21 rep. by Act 24 of 1917, s. 3 and the Second Schedule.