Fraud & Its Definition


The term fraud includes all acts committed by a party to induce the other party to enter into a contract with an intention to deceive.
Definition
Section 17 provides, “Fraud means and includes any of the following acts committed by a party to a contract, or with his connivance, or by his agent, with intent to deceive another party thereto or his agent or to induce him to enter into the contract”.
1. The suggestion, as a fact, of that which is not true, by one who does not believe it to be true.
2. The active concealment of a fact by one having knowledge of the fact.
3. A promise made without any intention of performing it’
4. Any other act fitted to deceive’ and
5. Any such act or omission as the law specially declares to be fraudulent.
Nadeem Khan Khattak

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