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hey everyone this is advocate farheen ansari and welcome back to the next part of indian contract act well aaj kahamara topic of understanding is section 62 to 67 which talks about innovation recession and alteration of contract so lets get quickly started to understand this small but important concept before we begin to understand the concept lets first understand the meaning of each terms subsequently novation of contract matlab jaba purana existing contract which will clearly mention about cancellation of terms of all previous contracts and arrangements between the parties next is section 63. see by accepting lesser amount of debt in satisfaction of the whole [Applause] is discharged from all the obligations of performance section 62 to 67 hope youve understood each sections with each examples do let me know in the comments your feedback and also for all the creative notes do join me in my telegram group of which the link is provided in the description below until we meet next t