133. Where the transferor of a debt warrants the solvency of the debtor, the warranty, in the absence of a contract to the contrary, applies only to his solvency at the time of the transfer, and is limited, where the transfer is made for consideration, to the amount or value of such consideration.
Transfer of Property Act, 1882
Section 133: Warranty of solvency of debtor
Chapter VIII — Of Transfers of Actionable Claims
Source: official text of the Transfer of Property Act, 1882.