Section 64
Consequences of rescission of voidable contract
Chapter 5: Of the performance of contracts
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 a voidable 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.4
The Indian Contract Act, 1872 (Act No. 9 of 1872). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.
Related sections
- 61Application of payment where neither party appropriates
- 62Effect of novation, rescission, and alteration of contract
- 63Promisee may dispense with or remit performance of promise
- 65Obligation of person who has received advantage under void agreement, or contract that becomes void
- 66Mode of communicating or revoking rescission of voidable contract
- 67Effect of neglect of promisee to afford promisor reasonable facilities for performance