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Presentation On Case

The presentation discusses a case involving the anticipatory breach of a valid contract between Indi Cuisine and Big Chain Ltd. for the sale of a restaurant. The contract was initially valid through proper offer and acceptance but was partly unfulfilled. Indi Cuisine has the right to claim compensation from Big Chain Ltd. for breaching the contract, and can take legal action such as suing Big Chain Ltd. if compensation is not paid.

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Praveen Mayar
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© Attribution Non-Commercial (BY-NC)
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Download as PPTX, PDF, TXT or read online on Scribd
36 views

Presentation On Case

The presentation discusses a case involving the anticipatory breach of a valid contract between Indi Cuisine and Big Chain Ltd. for the sale of a restaurant. The contract was initially valid through proper offer and acceptance but was partly unfulfilled. Indi Cuisine has the right to claim compensation from Big Chain Ltd. for breaching the contract, and can take legal action such as suing Big Chain Ltd. if compensation is not paid.

Uploaded by

Praveen Mayar
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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PRESENTATION ON CASE

MADE BY
GROUP-2
FORMATION OF CONTRACT
 IT IS AN EXPRESS CONTRACT

 INITIALLY A VALID CONTRACT

 PROPER OFFER AND ACCEPTANCE

 PARTLY EXECUTORY
LEGAL POSITION
 IT IS THE ANTICIPATORY BREACH OF
CONTRACT.

 INDI CUSINE HAS A RIGHT TO CLAIM


COMPENSATION.

 AND THE PROPOSED BUYER i.e. BIG CHAIN


LTD HAS TO PAY FOR ITS COMMITMENTS
AND LIABILITIES.
CONSEQUENCIES
 IF A BUYER DOESN’T PAY THE
COMPENSATION,THEN LEGAL ACTION
CAN BE TAKEN BY THE SELLER.i.e. A
SELLER CAN SUE THE BUYER ALSO.

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