Section 64 Indian Contract Act 1872
Section 64 of the Indian Contract Act 1872 is about Consequences of rescission of voidable contract. It is under “Contracts which need not be performed” of CHAPTER IV of the Act. CHAPTER IV is titled OF THE PERFORMANCE OF CONTRACTS.
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.
Section 63 Indian Contract Act 1872 (Promise may dispense with or remit performance of promise)