Specific relief act

Querist : Anonymous (Querist) 25 December 2019 This query is : Resolved
What is the exact diff ve recission and cancellation of instruments in specific relief act, 1963?

Follow Query

Report Abuse

Dr J C Vashista (Expert) 26 December 2019
An academic exercise / question paper set by an anonymous author.
What is the advise of your tutor ??

T. Kalaiselvan, Advocate (Expert) 26 December 2019
Cancellation refers to the ending of a contract by destroying its force, validity, or effectiveness.
Rescission refers to the act, process of rescinding (i.e. undoing or unmaking) a contract.
Termination occurs when either party puts an end to the contract other than for its breach. Cancellation refers to the ending of a contract by destroying its force, validity, or effectiveness.
Contract rescission refers to the termination or cancellation of a contract. ... The word rescission comes from the word “rescind” which means to cancel or annul. The purpose of contract rescission is to restore the parties to their original status before the contract was made (the “status quo ante”).