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UNIT 3
BPOC
LLB I
Discharge of
Contract
Discharge of Contract
• Discharge means termination.
• A Contract can be discharged by ,
1. By performance
2. By death
3. By refusing tender of performance
4. By breach of contract
1) Actual breach 2) anticipatory breach of contract
5. By impossibility of performance( Doctrine of Frustration)
6. By agreement or by consent
1) by novation 2) by accord & satisfaction 3) by remission &
waiver 4) by rescission
7. By promise ailing to facilities for performance
8. By operation of law
9. By unauthorized material alteration of a contract
10. Discharge by lapse of time.
Doctrine of Frustration
Due to some event subsequently happens
performance under a contract becomes impossible or
unlawful.
Some grounds of frustration
Destruction of subject matter
Death or personal incapacity of parties
Change of law
Declaration of war
By an act of God
Remedies on
Breach of a
Contract
Remedies to Aggrieved party
Suit for specific Performance
Suit for injunction
Suit for damages, for the loss sustained
Suit upon Quantum Meruit
Means as much as earned.
• A claim can be made for part of performance.
1.The injured party can claim reasonable compensation
2.When contract is void , compensation can be
asked from benefiting party
3. Where a contract is divisible, party in default
may sue on quantum meruit.
4. When an indivisible contract for lump sum is
completely performed but badly, party can
claim for lump sum less deduction
References
• Mercantile Law N.D.Kapoor, Sultan Chand and
Sons

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Discharge and Remedies in Contract Law

  • 3. Discharge of Contract • Discharge means termination. • A Contract can be discharged by , 1. By performance 2. By death 3. By refusing tender of performance 4. By breach of contract 1) Actual breach 2) anticipatory breach of contract 5. By impossibility of performance( Doctrine of Frustration) 6. By agreement or by consent 1) by novation 2) by accord & satisfaction 3) by remission & waiver 4) by rescission 7. By promise ailing to facilities for performance 8. By operation of law 9. By unauthorized material alteration of a contract 10. Discharge by lapse of time.
  • 4. Doctrine of Frustration Due to some event subsequently happens performance under a contract becomes impossible or unlawful. Some grounds of frustration Destruction of subject matter Death or personal incapacity of parties Change of law Declaration of war By an act of God
  • 6. Remedies to Aggrieved party Suit for specific Performance Suit for injunction Suit for damages, for the loss sustained Suit upon Quantum Meruit Means as much as earned. • A claim can be made for part of performance. 1.The injured party can claim reasonable compensation
  • 7. 2.When contract is void , compensation can be asked from benefiting party 3. Where a contract is divisible, party in default may sue on quantum meruit. 4. When an indivisible contract for lump sum is completely performed but badly, party can claim for lump sum less deduction
  • 8. References • Mercantile Law N.D.Kapoor, Sultan Chand and Sons