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performance

Law of Contracts

Reciprocal Promises

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Introduction: In the contract, where two or more parties typically undertake to perform certain obligations vis-à-vis such obligation could be in the nature of reciprocal promises i.e, promises which form part or entire consideration for each other. In simple words “a promise in exchange for another  promise” Ex- A agrees Read more…

By Ruchi Kushawaha, 5 years24/08/2020 ago
Law of Contracts

Specific Performance of Contract

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 Introduction: Specific performance is equitable relief provided by the court to impose the duty of doing what he agreed to try and do by contract against a defendant. Therefore, the remedy of specific performance compares with the remedy by way of negligence for breach of contract, which provides pecuniary compensation Read more…

By Uzma Shaik, 5 years19/08/2020 ago
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