Breach of Contract | Types | Remedies for Breach of Contract | Business Law | Study at Home with me - Deepstash
Remedies in case of breach of Contract

A contract gives rise to correlative rights and obligations. A right accruing to a party under a contract would be of no value if there were no remedy to enforce that right in a Law Court in the ev...

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Breach of Contract | Types | Remedies for Breach of Contract | Business Law | Study at Home with me

Breach of Contract | Types | Remedies for Breach of Contract | Business Law | Study at Home with me

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Rescission of the contract

When a contract is broken by one party, the other party may sue to treat the contract as rescinded or refuse further performance.

In such a case, he is absolved of all his obligations under t...

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Suit for the damages

Damages are the monetary compensation given to the injured party by the Court for the loss or injury suffered by him by the breach of the contract.

The object of awarding damages for the brea...

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Suit upon quantum meruit

It literally means 'as much as earned'.

A right to sue on the basis of quantum meruit arisesd where a contract, partly performed by one party, has become discharged by the br...

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Suit for the specific performance of  the contract

In certain cases of breach of a contract, damages are not an adequate remedy.

The court may, in such cases, direct the party in breach to carry out his performance according to the terms of t...

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Suit for the injunction

When a party is in breach of a negative term of the contract (i.e., where he is doing something which he promised not to do), the Court may, by issuing an order, restrain him from doing what he pro...

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