Section 538
Consequences Of Rescission Or Voidance Of Contract
(1) If, after a
party to a contract has already received some cash or kind or any
other benefit from the other party or after the fulfillment of the
obligations under the contract partially, the contract is rescinded by
mutual consent of the parties and the performance of the contract is
not required under this Part or other law, the contract is voided or
declared to be void according to law or the contract becomes
invalid or is rescinded under this Part, such cash, kind or service so
received shall be returned upon having settled the accounts of the
cash or kind given until the date of the contract being in force.
(2) If any service or advantage other than cash or kind has
been given pursuant to sub-section (1), the party receiving such
service or advantage shall pay a reasonable amount to the other
party in consideration for such service or benefit.
(3) If it becomes necessary to institute legal action by the
reason of failure to return the cash or kind or to pay the amount as
referred to in sub-section (1), a reasonable expense incurred for that
purpose may also be recovered.