Karsandas v. Chhotalal
AIR 1924 Bom 119 · Supreme Court of India
Novation substitutes a new contract and discharges the old one.
Unit III · Law of Contract – I
Discharge by performance, novation, remission and accord
Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.
Statute sections
| Act / instrument | Section | Name |
|---|---|---|
| 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 |
Landmark cases
Kapur Chand Godha v. Mir Nawab Himayatalikhan
AIR 1963 SC 250 · Supreme Court of India
Acceptance of a lesser sum in full satisfaction can discharge the debt when intended as accord and satisfaction.