New BIG Bee Days are back; Flat 60% Off on All Courses
Register

Question

Specific Relief is granted for?

A Specific Performance. Correct Answer Incorrect Answer
B Compensation Correct Answer Incorrect Answer
C Damages Correct Answer Incorrect Answer
D Both A and B Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

Specific Relief Act provides equitable remedy/relief which means the exact fulfilment of an obligation. Under this the court issues an order requiring a party to perform a specific act i.e., directs performing the contract as per the terms and conditions as agreed between the parties rather than the payment of compensation or damages for the non-performance of the contract. Thus, the remedy granted is the very same thing to which the aggrieved is entitled to, rather than money compensation in lieu thereof.   Snapshot - Similar Question discussed in SEBI Legal Live class of ixamBee

Practice Next
×
×