Tuesday, 27 March 2012

Discharge of Contract

Discharge of Contract Discharge of Contract Discharge of Contract Discharge of Contract

Discharge of Contract :- Discharge means “ termination “ of a contract.

The contract may be discharged in any of following ways –

1. By performance or Tender

2. By agreement or by consent.

3. By impossibility of performance

5. Destruction of the subject matter

6. By death or disablement of parties

7. Subsequent illegality

8. Declaration of war

9. Non existence or non occurrence of a particular state of thing.

10 Unauthorized alteration of term of a written document

11. By breech of contract

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