Indian Contract Act : Consequences of rescission of voidable contract Indian Bare Acts :

Indian Contract Act,1872

Act No : 9

Section : Consequences of rescission of voidable contract

64. Consequences of rescission of voidable contract.-When aperson at whose option a contract is voidable rescinds it, the otherparty thereto need not perform any promise therein contained in whichhe is promisor. The party rescinding a voidable contract shall, if hehave received any benefit thereunder from another--------------------------------------------------------------------- 1 But see s. 135, infra. 2 See s. 41, supra. 3 Subs. by Act 12 of 1891, s. 2 and Sch. II, for "compensation".---------------------------------------------------------------------43party to such contract, restore such benefit, so far as may be, to theperson from whom it was received.'