LawgistThe Indian Contract Act
64Consequences of rescission of voidable contract
When a person at whose option a contract is voidable rescinds it, the other party thereto need not perform any promise therein contained in which he is promisor. The party rescinding avoidable contract shall, if he have received any benefit thereunder from another party to such contract, restore such benefit, so far as may be, to the person from whom it was received.1
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1. See s. 75, infra.
Contracts which need not be performed
- 62 Effect of novation, rescission, and alteration of contract
- 63 Promise may dispense with or remit performance of promise
- 64 Consequences of rescission of voidable contract
- 65 Obligation of person who has received advantage under void agreement, or contract that becomes void
- 66 Mode of communicating or revoking rescission of voidable contract
- 67 Effect of neglect of promisee to afford promisor reasonable facilities for performance
