Landmark case · Law of Contract – I · Semester 1
Karsandas v. Chhotalal
AIR 1924 Bom 119 · Supreme Court of India
Novation substitutes a new contract and discharges the old one.
From topic
Discharge by performance, novation, remission and accord — Unit III, Law of Contract – I.
Related sections:
- Indian Contract Act, 1872, 37–38 — Obligation of parties and offer to perform
- Indian Contract Act, 1872, 59–61 — Appropriation of payments
- Indian Contract Act, 1872, 62–63 — Novation, rescission, alteration; promisee may dispense with performance