Question
A contract is discharged by novation which means
the__________________Solution
A contract can be discharged either by agreement or by a breach. Novation is one way to discharge a contract by agreement and section 62 of the India Contract, 1872 Act gives expression to the doctrine of Novation. The substitution or replacement of an old contract with a new one is termed as Novation. It takes place with the consent and agreement of both the parties to a contract thus with the creation of new contractual obligations, the old ones are discharged. The doctrine of Novation exists to give expression to the concept that parties to a contract should be competent to add, subtract or vary the terms of the contract before its breach with the help of a new contract.
As per Section 18(8), a Special Public Prosecutor must have been in practice as an advocate for not less than—
Section 65 states that:
Section 25 of The Limitation Act, 1963 deals with_______?
Which scheme is employed by manufacturers who need ISI mark (BIS standard mark) within 30 days as per the government notification?
The supply of essential goods or services to the corporate debtor as may be specified shall not be terminated or suspended or interrupted during _______...
An “unlawful assembly” is one where the common object of the persons composing that assembly is___________________
Which of the following is a valid mode of dissolution of a Partnership?
Which of the following is the primary objective of the Special Economic Zones Act as per its long title?
What are moral rights in IP law?
A sessions court requires permission of High Court to pass _______?
