Effect of novation, rescission, and alteration of contract
अध्याय 5: संविदाओं का पालन
यह India Code पर उपलब्ध आधिकारिक अंग्रेज़ी पाठ है। आधिकारिक हिंदी पाठ बाद में जोड़ा जाएगा। धारा का शीर्षक भी अभी आधिकारिक अंग्रेज़ी में है।
If the parties to a contract agree to substitute a new contract for it, or to rescind or alter it, the original contract, need not be performed.
Illustrations.
(a) A owes money to B under a contract. It is agreed between A, B and C that B shall thenceforth accept C as his debtor, instead of A. The old debt of A to B is at an end, and a new debt from C to B has been contracted.
(b) A owes B 10,000 rupees. A enters into an arrangement with B and gives B a mortgage of his (A‟s) estate for 5,000 rupees in place of the debt of 10,000 rupees. This is a new contract and extinguishes the old.
(c) A owes B 1,000 rupees under a contract. B owes C 1,000 rupees B orders A to credit C with 1,000 rupees in his books, but C does not assent to the arrangement. B still owes C 1,000 rupees, and no new contract has been entered into.
भारतीय संविदा अधिनियम, 1872 (1872 का अधिनियम संख्यांक 9). India Code के अद्यतन पाठ से, बाद के संशोधनों सहित। आधिकारिक प्रति से मिलान जारी है; संशोधन नोट अभी नहीं दिखाए गए।
जुड़ी हुई धाराएँ
- 59Application of payment where debt to be discharged is indicated
- 60Application of payment where debt to be discharged is not indicated
- 61Application of payment where neither party appropriates
- 63Promisee may dispense with or remit performance of promise
- 64Consequences of rescission of voidable contract
- 65Obligation of person who has received advantage under void agreement, or contract that becomes void