New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Specific Relief is granted for?

    A Specific Performance. Correct Answer Incorrect Answer
    B Compensation Correct Answer Incorrect Answer
    C Damages Correct Answer Incorrect Answer
    D Both A and B Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Specific Relief Act provides equitable remedy/relief which means the exact fulfilment of an obligation. Under this the court issues an order requiring a party to perform a specific act i.e., directs performing the contract as per the terms and conditions as agreed between the parties rather than the payment of compensation or damages for the non-performance of the contract. Thus, the remedy granted is the very same thing to which the aggrieved is entitled to, rather than money compensation in lieu thereof.   Snapshot - Similar Question discussed in SEBI Legal Live class of ixamBee

    Practice Next

    Relevant for Exams: