Section 64Central Act

Section 64: Consequences 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

1. See s. 75, infra.

Sec 63 — Promise may dispense with or remit performance of promise.

Sec 65 — Obligation of person who has received advantage under void agreement, or contract that becomes void.

Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.