ANTICIPATORY BREACH OF CONTRACT Section 39 Where a party to a contract has refused to perform or has disabled himself from performing his promise in its entirety, the promisee may put an end to the contract, unless he has signified by words spoken or written or by conduct his acquiescence in its continuance. DOCTRINE OF NOVATION SECTION 62 the parties to the contract may agree to substitute a new contract for it or to rescind or alter
ANTICIPATORY BREACH OF CONTRACT Section 39 Where a party to a contract has refused to perform or has disabled himself from performing his promise in its entirety, the promisee may put an end to the contract, unless he has signified by words spoken or written or by conduct his acquiescence in its continuance. DOCTRINE OF NOVATION SECTION 62 the parties to the contract may agree to substitute a new contract for it or to rescind or alter
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ANTICIPATORY BREACH OF CONTRACT Section 39 Where a party to a contract has refused to perform or has disabled himself from performing his promise in its entirety, the promisee may put an end to the contract, unless he has signified by words spoken or written or by conduct his acquiescence in its continuance. DOCTRINE OF NOVATION SECTION 62 the parties to the contract may agree to substitute a new contract for it or to rescind or alter
Copyright:
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PERFORMANCE Section 38 When the parties to a contract offer to perform their respective promises, it is a tender or offer of performance.
ESSENTIALS OF A VALID TENDER OF
PERFORMANCE
1. It should be of a proper quality
2. It should be of proper quantity 3. It should be at a proper place 4. It should be at a proper time 5. It should be unconditional ANTICIPATORY BREACH OF CONTRACT Section 39
Where a party to a contract has refused to perform or
has disabled himself from performing his promise in its entirety, the promisee may put an end to the contract, unless
he has signified by words spoken or written or by
conduct his acquiescence in its continuance. DOCTRINE OF FRUSTRATION 1. PARADINE V/S JANE 2. SUPERVENING IMPOSSIBILITY 3. CASES
a) Destruction of subject matter
b) Non occurrence of expected events
c) Govt. regulations
4. EFFECTS OF FRUSTRATION
1) Future obligations are put to an end
2) In respect of obligations already incurred, a right of compensation accrues to the
party performing the obligations DOCTRINE OF NOVATION SECTION 62 The parties to the contract may agree to substitute a new contract for it or to rescind or alter it. The original contract need not be performed.
Consent of parties to the old as well as new contract is