New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    No substituted performance of contract under section 20

    (1) shall be undertaken unless the party who suffers such breach has given a notice in writing, of not less than ________days, to the party in breach calling upon him to perform the contract within such time as specified in the notice, and on his refusal or failure to do so, he may get the same performed by a third party or by his own agency
    A 15 Correct Answer Incorrect Answer
    B 30 Correct Answer Incorrect Answer
    C 45 Correct Answer Incorrect Answer
    D 60 Correct Answer Incorrect Answer

    Solution

    Section 20(2)No substituted performance of contract under sub-section (1) shall be undertaken unless the party who suffers such breach has given a notice in writing, of not less than thirty days, to the party in breach calling upon him to perform the contract within such time as specified in the notice, and on his refusal or failure to do so, he may get the same performed by a third party or by his own agency.

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