- Statute
- Civil Code
- Article
- Art. 1401
- Topic
- Voidable Contracts
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE II CONTRACTS
- Chapter
- CHAPTER 7 Voidable Contracts
- Formerly
- Art. 1314a of the old Civil Code
- Year
- 1949
The provision
The action for annulment of contracts shall be extinguished when the thing which is the object thereof is lost through the fraud or fault of the person who has a right to institute the proceedings. If the right of action is based upon the incapacity of any one of the contracting parties, the loss of the thing shall not be an obstacle to the success of the action, unless said loss took place through the fraud or fault of the plaintiff. (1314a)
Cases applying this article
- People Bank v. The Register of Deeds For the City of Manila G.R. No. 41278
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