What is Breach of Contract? What Remedies are Available to an Injured Party for the Breach?

Breach of Contract with remedies

Breach of Contract is the failure of one party to perform their obligations under a contract without a lawful excuse. It occurs when one party does not fulfill their promises as agreed, or fails to perform the contract within the time frame specified, or performs the contract improperly. A breach can happen in various forms, … Read more

Contract Law

Contract Law

Background of Nepali Contract Law Definition of Contract Features Essential Elements of Valid Contract An agreement becomes enforceable by law when all the essential elements of a valid contract are present. Thus, absence of any of the above said elements is adequate to make the contract invalid. Plurality of Parties There must be at least … Read more