Question
The specific performance of a contract may not be
obtained by:Solution
Specific Relief Act: Section 15 Who may obtain specific performance:Â Except as otherwise provided by this Chapter, the specific performance of a contract may be obtained by-- (a) any party thereto; (b) the representative in interest or the principal, of any party thereto; (c) where the contract is a settlement on marriage, or a compromise of doubtful rights between members of the same family, any person beneficially entitled thereunder; (d) where the contract has been entered into by a tenant for life in due exercise of a power, the remainderman; (e) a reversioner in possession, where the agreement is a covenant entered into with his predecessor in title and the reversioner is entitled to the benefit of such covenant; (f) a reversioner in remainder, where the agreement is such a covenant, and the reversioner is entitled to the benefit thereof and will sustain material injury by reason of its breach; (fa) when a limited liability partnership has entered into a contract and subsequently becomes amalgamated with another limited liability partnership, the new limited liability partnership which arises out of the amalgamation. (g) when a company has entered into a contract and subsequently becomes amalgamated with another company, the new company which arises out of the amalgamation; (h) when the promoters of a company have, before its incorporation, entered into a contract for the purposes of the company, and such contract is warranted by the terms of the incorporation, the company: Provided that the company has accepted the contract and has communicated such acceptance to the other party to the contract.
Under the IFSCA (Banking) Regulations 2020, which currency can IFSC Banking Units conduct their business in by default?
Which of the following is not a phase under the DMADV model of six sigma?
For removal of the auditor before his term, the approval of __________ is required.
When did the Indian government reduce the windfall tax on domestically produced crude oil to 'nil'?
Which entity is responsible for providing liquidity support to an IFSC Banking Unit (IBU) under the IFSCA (Banking) Regulations 2020?
What was India's foreign exchange reserve as of September 27, 2024, making India the fourth country to surpass this milestone?
According to the IFSCA Circular on Off-Shoring the On-Shore (May 2024), under what condition is a finance company with a Certificate of Registration (Co...
The Direct benefit transfer scheme is related to transferring of ________
According to the IFSCA Circular (August 2024), which of the following entities are affected by the extension of compliance deadlines for net worth and c...
How much equity is IREDA planning to raise through Qualified Institutions Placement (QIP)?