Important Legal Definitions
Explore legal terms, clear definitions and practical examples.
Restitution (Section 72 Indian Contract Act)
Principles of Natural Justice & Equity
Definition
The equitable obligation of a person to whom money has been paid, or anything delivered, by mistake or under coercion, to repay or return it to the rightful owner.
Example
An electricity distribution company accidentally credits a commercial consumer with a tariff rebate intended for another factory; the company can recover the excess credit under Section 72 as money paid under a mistake.