REMEDIES FOR BREACH OF CONTRACT
REMEDIES FOR BREACH OF CONTRACT When one of the parties makes a breach of contract, the following remedies are available to the other party: 1. Damages: Remedy by way of damages is the most common remedy available to the injured party. This entitles the injured party to recover compensation for the loss suffered by him due to the breach of contract, from the party who causes the breach. Sections 73 to 75 incorporate the provisions in this regard. 2. Quantum Meruit: When the injured party has performed a part of his obligation under the contract before the breach of contract has occurred, he is entitled to recover the value of what he has done, under this remedy. 3. Specific Performance and injunction: Sometimes a party to the contract instead of recovering damages for the breach of contract may have recourse to the alternative remedy of specific performance of the contract, or an injunction restraining the other party from making a breach of the contract. Provisions regar...