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When a party having a duty to perform a contract fails to do or does an act whereby the performance of the contract becomes impossible or he refuses to perform the act- Breach of Contract On BOC by one party, the other party is discharged from his obligation to perform his part of the obligation
Could be i) Actual (non- performance of the contract on due date of performance) ii) Anticipatory(before the due date of performance has come) West Bengal Financial corporation v Gluco series