Question

ABC Pvt. Ltd. entered into a contract with Mr. Rao for supplying machinery worth ₹25 lakhs. After execution of the contract, Mr. Rao became insolvent and his estate was taken over by the official assignee. ABC Pvt. Ltd. seeks to enforce the contract through court. Which of the following correctly describes the legal status of the contract?

A Contract becomes void due to frustration
B Official assignee is bound to perform
C The contract becomes unlawful
D ABC Ltd. can demand specific performance
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