perform at a fixed time, in
contract in which time is essential. - When a party to a
contract promises to do a certain thing ... Consequence of rescission of voidable contract
When a person at whose option a contract is voidable
rescinds it, the other party thereto need to perform
a contract of the party on whom such
fraud was practised, or to whom such misrepresentation was
made, does not render a contract voidable ... a clear finding whether there was
a misrepresentation on the part of the respondents or not.
Suffice it to observe that a voidable contract confers
Agreement. There was a
reference to violation of a fundamental condition of
the Contract i.e. non-furnishing of a Letter of
Comfort from ... a contract of the party on whom
such fraud was practiced, or to whom such
misrepresentation was made, does not render a contract
voidable
part of Respondent before entering
into a Contract dated 07.03.2013 makes the Contract voidable at
the option of Claimant. Even otherwise as per rule ... a contract of the party on whom such fraud was
practised, or to whom such misrepresentation was made, does not
render a contract voidable
Agreement. There was a
reference to violation of a fundamental condition of
the Contract i.e. non-furnishing of a Letter of
Comfort from ... a contract of the party on whom
such fraud was practiced, or to whom such
misrepresentation was made, does not render a contract
voidable
Consequences of rescission of a voidable
contract.--When a person at whose option a contract
is voidable rescinds it, the other party thereto need ... unmerited. Section 64 of the Contract Act provides that when a
person at whose option a contract is voidable rescinds the contract
Daiichi Sankyo Company Limited vs Malvinder Mohan Singh And Ors on 31 January, 2018
Equivalent
agreement is a contract viodable at the option of the party whose consent was so caused.
A party to a contract, whose consent was caused ... a contract of the party on whom such fraud was practised, or to whom such misrepresentation was made, does not render a contract voidable
contract. No
material is produced by the defendants on record to indicate that
defendant No.1 at any time had rescinded the contract.
13. Thirdly ... therefore, the contract was voidable at his
option. Section 64 of the Contract Act, amongst others, lays down that
the person rescinding a voidable contract
Section 16 of the contract Act. In order to satisfy the terms of Section 16 and thereby render a contract voidable because of undue influence ... provides that where a person who is in a position to dominate the will of another, enters into a contract with him and the transaction
