Breach of Contract
/briːtʃ əv ˈkɒntrækt/
Contract Law Term
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Definition
Failure by a party to fulfil contractual obligations without lawful excuse. Types: actual breach (failure to perform when due) and anticipatory breach (repudiation before performance date). The innocent party may sue for damages, seek specific performance, or treat the contract as discharged. Governed by Sections 73–75 of the Indian Contract Act, 1872.
Examples
Case Study
Section 73 of the Indian Contract Act codifies the rule in Hadley v. Baxendale — damages for breach are limited to losses arising naturally from the breach or those in the reasonable contemplation of the parties at the time of contracting.
Key Cases
Murlidhar Chiranjilal v. Harishchandra Dwarkadas
1962AIR 1962 SC 366
Discussed anticipatory breach and the innocent party's right to immediately accept repudiation and sue for damages. Section 73 applies to both actual and anticipatory breach.
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