Under Indian law, suits for cancellation of instruments and suits for declaration of instruments as not binding are governed by different provisions and have distinct requirements and limitations.
Suits for Cancellation of Instruments
Legal Framework: Cancellation of instruments is governed by Sections 31-33 of the Specific Relief Act, 1963. Section 31(1) provides that any person against whom a written instrument is void or voidable, and who has reasonable apprehension that such instrument may cause serious injury, may sue to have it adjudged void or voidable.