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Section 64 - Consequences of rescission of voidable contract : Indian Contract Act 1872

What is the Consequences of rescission of voidable contract? Section 64 of Indian Contract Act 1872


 

Section 64 of Indian Contract Act 1872 : "Consequences of rescission of voidable contract"

64. 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 promiser. The party rescinding a voidable contract shall, if he has 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

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