LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

4WhatIsRight (partner)     01 November 2011

Cancellation or rescission of agreement

WHAT IS THE DIFFERENCE BETWEEN CANCELLATION OF AN AGREEMENT AND RESCISSION OF AN AGREEMENT.

CAN ANY LAWFUL AGREEMENT BE RESCINDED WITH MUTUAL ASSENT, WITHOUT WRITING, BY RETURNING ALL THE FAVORS RECEIVED UNDER THE AGREEMENT?

CAN NEW AGREEMENT WITH NEW TERMS BE ENTERED INTO THE SAME PARTIES?

 

WHAT IS THE CORRECT WORD TO BE USED WHEN BOTH THE PARTIES RETURN THE FAVOR RECEIVED UNDER THE AGREEMENT AND MUTUALLY AGREE NOT TO CLAIM ANY RIGHT OR OBLIGATION-cancellation or rescinding



Learning

 1 Replies

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     02 November 2011

Your similar query raised as PM has already been resolved. Refer to my reply.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register