Mahalchand M. Kothari As" A Breach of Contract Occurs When A Party Thereto Renounces His
Mahalchand M. Kothari As" A Breach of Contract Occurs When A Party Thereto Renounces His
Mahalchand M. Kothari As" A Breach of Contract Occurs When A Party Thereto Renounces His
1) The term "contract" is defined in Section 2{h) of the Indian Contract Act, 1872, as follows:
"An agreement enforceable by law is a contract."^ Thus for the formation of a contract there
must be—(1) an agreement, and (2) the agreement should be enforceable by law(C1) and
supreme court has defined breach of contract in the case of U.P. State Sugar Corpn v
Mahalchand M. Kothari as" A breach of contract occurs when a party thereto renounces his
ability under it, or by his own act makes it impossible that he should perform his obligations
under it or totally or partially fails to perform such obligations."(C2)
Petitioner side