But first let us understand the rule of Discharge of contracts or simply put that a contract (legally

enforceable with rights to the parties concerned) must also be legally brought to an end.

DISCHARGE OF CONTRACT

By
1. By Non Performance
Performance
when both
parties perform
their respective
promises.

3. 4.By mutual consent

impossibile
2.By
attempting to
perform. When novation
one party ; remission;alteration
performs and the rescission
other does not 5.
avail. Breach

Model on Discharge of Contracts.

ON BREACH THE AFFECTED PARTY CAN TAKE THE FOLLOWING RECOURSE:

1) SUE IN COURT
2) LIQUIDATED DAMAGES (CONTRACTUAL REMEDY) i.e. predetermined
damages in the contract.
3) Specific Relief (earlier limited to immoveable property and situations
where damages were unascertainable).Now its scope since 2018 has been
expanded to include all contracts in order to make contract enforcement
better and improve ease of doing business rankings. However its operational
aspects are yet to be deeply analysed as this would apply to post 2018
contracts only.