Contract Act, 1872, Section 62 -- Novation of contract - Where agreement of reconveyance preceded execution of sale deed, non-mention of agreement in sale deed would not amount to novation of contract in absence of fresh contract of sale...........
Contract Act, 1872, Section 133 and 135 -- Variance in terms of contract - Statutory rights of surety under S.133 or 135 could not be affected by consent given in advance to variance in the terms of the contract - Surety's assent to variation must be at the time of the act the assent has to be simultaneous with novation...........
Limitation Act, 1963, Section 18, Contract Act, 1872, Section 62 -- Acknowledgment - Creditor not entitled to interest at higher rate than that which was prevailing upto the data of acknowledgment - It will amount to novation or fresh contract between creditor and debtor...........
Consumer Protection Act, 1986, Section 24A -- Complaint - Limitation - Cause of action - Housing - Failure to carry out construction and deliver possession - Earlier MOU is of the year of 26.10.1993 - Construction to be carried out within 24 months in terms of Memorandum of Understanding Dt. 15.12.1998 - There was novation of contract between the parties in the year 1998 -..........
