New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    What is the obligation of a person who has received

    advantage under void agreement, or contract that becomes void as per section 65 of the Contract Act?
    A Person is bound to restore the advantage so received Correct Answer Incorrect Answer
    B Person is bound to make compensation for it to the person from whom he received it Correct Answer Incorrect Answer
    C Person is not bound as such as it is a void agreement or contract that becomes void, as the case maybe Correct Answer Incorrect Answer
    D Either a or b Correct Answer Incorrect Answer

    Solution

    Section 65.  Obligation of person who has received advantage under void agreement, or contract that becomes void: When an agreement is discovered to be void, or when a contract becomes void, any person who has received any advantage under such agreement or contract is bound to restore it, or to make compensation for it to the person from whom he received it.

    Practice Next