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Contract act

Corporate & Other Laws

Could anyone explain the second point which are given under the head of effect of anticipatory breach

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Balachandar S

Balachandar S

CA Inter

59K+

04-Dec-22 15:36

490

Answers (4)

Best Answer

The promisee can treat the contract is on- going (ie, not ended) . In that case, he will have to wait for the performance of the promisor till the due date . He does so to take advantage of any act which makes the contract performable . THE WHOLE POINT TELLS THAT, PROMISEE MAY NOT END THE CONTRACT AND TREAT IT ALIVE


When a party to a contract has refused to perform, or disabled himself from performing, his promise in its entirety, the promisee may put an end to the contract, unless he has signified, by words or conduct, his acquiescence in its continuance.


Gaurav Choubey

Gaurav Choubey

CA Foundation

1K+

04-Dec-22 19:29

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