Section 63 - Promisee may dispense with or remit performance of
promise : Indian Contract Act
What is the Promisee may dispense with or remit performance of
promise? Section 63 of Indian Contract Act
Section 63 of Indian Contract Act 1872 : "Promisee may dispense
with or remit performance of promise"
63. Every promisee may dispense with or remit, wholly or in
part, the performance of the promise made to him, or may extend
the time for such performance, or may accept instead of it any
satisfaction which he thinks fit.
(a) A promises to paint a picture for B. B afterwards forbids
him to do so. A is no longer bound to perform the promise.
(b) A owes B 5,000 rupees. A pays to B, and B accepts, in
satisfaction of the whole debt, 2,000 rupees paid at the time
and place at which the 5,000 rupees were payable. The whole debt
(c) A owes B 5,000 rupees. C pays to B 1,000 rupees, and B
accepts them, in satisfaction of his claim on A. This payment is
a discharge of the whole claim.
(d) A owes B, under a contract, a sum of money, the amount of
which has not been ascertained. A, without ascertaining the
amount, gives to B, and B, in satisfaction thereof, accepts, the
sum of 2,000 rupees. This is a discharge of the whole debt,
whatever may be its amount.
(e) A owes B 2,000 rupees, and is also indebted to other
creditors. A makes an arrangement with his creditors, including
B, to pay them a composition of eight annas in the rupee upon
their respective demands. Payment to B of 1,000 rupees is a
discharge of B's demand.