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Section 45: Default in performance of reciprocal promises under Contract Act

45.Default in performance of reciprocal promises

Where a contract consists of reciprocal promises and one of them cannot be performed, or where the performance of a promise cannot be claimed until the other promise is performed and the promisor of the other promise fails to perform it, the promisor shall not claim the performance of the reciprocal promise and shall pay compensation to the other party to the contract for any loss which the other party may sustain by the non-performance of the contract.

Plain English Summary

If you have a contract where both parties must perform promises that depend on each other, and one party fails to perform their part, you cannot be fo...

AI-generated, for reference only.

🔍Search Tips
  • • Search by keyword: "land", "tax", "arrest"
  • • Use exact phrases: "land commission"
  • • Enter citations: 45, 45(3)(a), 45:3:a
  • • Press / to search, Esc to close

Searching within Contracts Act. Faster results.