According to the Contract Act which of the following describes the situation when prior to the due date of performance, the promisor absolutely refuses to perform the contract?
An anticipatory breach of contract is an action that shows one party's intention to fail to fulfill its contractual obligations to another party. The intent to break the contract must be an absolute refusal to fulfill the terms in order for it to qualify as an anticipatory breach. An anticipatory breach is also referred to as an anticipatory repudiation. Parties claiming an anticipatory breach are obliged to make every effort to mitigate their own damages if they wish to seek compensation in court.
Which concepts are woven into life according to the vision of Mission LiFE, as mentioned by PM Modi in COP 26?
In which year is India's primary energy demand projected to nearly more than double to 38.5 million barrels of oil equivalent per day (mboe/d), accordin...
What significant initiative has Bajaj Finserv introduced, powered by CIBIL, to empower customers?
What exclusive benefits are offered through the 'Indus Solitaire Program' launched by IndusInd Bank for the diamond industry?
Which ministry has launched the Nyaya Vikas Portal for monitoring the implementation of Centrally Sponsored Schemes?
How much fund did the Israel government grant to Intel for its new chip plant in southern Israel?
A-HELP programme has been launched in the State of Uttarakhand to strengthen livestock related activities in remote rural areas, keeping in mind their...
Economist Intelligence Unit (EIU) released the Democracy Index 2021. What is India’s rank on the global index?
RBI has reduced the number of documents an entity has to furnish along with the application form to register as a core investment company (CIC) from 52 ...
Which of the following countries is a Scandinavian Country which is recently in News due to its announcement to join NATO?
