https://www.taxtmi.com/acts?id=7125 Fraud in contract law comprises intentional acts to deceive or induce contracting: asserting what one does not believe; active concealment of known facts; promises made without intent to perform; any act fitted to deceive; and acts the law declares fraudulent. Mere silence is not fraud unless a duty to speak exists or silence is equivalent to speech; contextual duties or explicit assumptions can render nondisclosure fraudulent. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7125 Fraud in contract law comprises intentional acts to deceive or induce contracting: asserting what one does not believe; active concealment of known facts; promises made without intent to perform; any act fitted to deceive; and acts the law declares fraudulent. Mere silence is not fraud unless a duty to speak exists or silence is equivalent to speech; contextual duties or explicit assumptions can render nondisclosure fraudulent. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7125