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.
What does the term "Vasudeva Kutumbakam" mean?
What filing requirements were introduced for Fund Management Entities (FMEs) regarding schemes or funds launched in the IFSC as per the April 2024 IFSCA...
Which of the following central bank is not the members of the Asian Clearing Union?
With which bank did Muthoot Microfin enter into a co-lending partnership?
Who is required to comply with the Business Responsibility and Sustainability Report (BRSR) guidelines, as introduced by SEBI?
ABC Ltd purchased an asset of Rs.70 crore. As on date of purchase, 1 USD was equivalent to Rs.70. the company paid after a year when the exchange rate c...
What type of a merger refers to two firms operating in same industry or producing identical products combining together?
Which of the following is not a role of GFCs?
Which one of the following is not a step introduced by John Kotter under “Kotter’s 8 Step Model of Change”?
Where any Trade receivables are financed through Trade Receivables Discounting System (TReDS); the concerned TReDS on behalf of a factor, shall within a...