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

    Question

    What are the requirements to be fulfilled for exercising

    substituted performance?
    A Notice in writing, of not less than thirty days to be given by the party who suffers breach to the party in breach Correct Answer Incorrect Answer
    B Party who suffers breach shall not be entitled to recover the expenses and costs unless he has got the contract performed through a third party or by his own agency Correct Answer Incorrect Answer
    C Both a & b Correct Answer Incorrect Answer
    D Either a or b Correct Answer Incorrect Answer

    Solution

    Specific Relief Act-Section 20.  Substituted performance of contract- (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: Provided that the party who suffers such breach shall not be entitled to recover the expenses and costs under sub-section (1) unless he has got the contract performed through a third party or by his own agency.

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