What this draft covers
- Details of the contract and consideration paid
- Grounds for rescission with facts
- Statutory basis: Sections 19, 19A, 39, 64 and 66 of the Indian Contract Act
- Offer to restore benefits received
- Demand for refund within a deadline and reservation of remedies
When to use it
Use when a party wants to set aside a contract because consent was obtained by misrepresentation, fraud, coercion or undue influence, or because the other side has refused to perform.
Format: Editable Word document (.docx), 2 pages.
Preview
[Name of the party / advocate’s letterhead]
[Date]
BY REGISTERED POST A.D. / SPEED POST / EMAIL
To,
[Name of the other party]
[Address]
Subject: Notice of rescission of the [agreement / contract] dated [date]
Sir / Madam,
1. On [date], I entered into [an agreement / a contract] with you for [purchase of ● / services of ●] for a consideration of ₹[●], of which I have paid ₹[●] on [date(s)] by [mode of payment].
2. [State the facts supporting the ground for rescission. For example: before I signed, you represented that ●. That representation was untrue, and I relied on it in entering into the contract. / You have, by your email dated ●, refused to perform your part of the contract.]
3. In the circumstances, my consent to the contract was caused by [misrepresentation / fraud / coercion / undue influence], and the contract is voidable at …
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