at 3:35 AM

Performance Of A Contract - In the Light of The Indian Contract Act, 1872

The Indian Contract Act; Being the guiding protocol for execution and performance of contacts under it has laid the guidelines regarding the performance of a contract; A Contract broadly may be performed by either of the following-            

  1. Actual Performance
  2. Attempted Performance/Offer to Perform/Tender

1. ACTUAL PERFORMANCE - If; the Promisor makes an offer of performance to the Promisee and the offer to perform is accepted by the Promisee. Then, it is called as Actual Performance.
2. ATTEMPTED PERFORMANCE/ OFFER TO PERFORM/ TENDER - If; the Promisor makes an offer of performance to the Promisee; but the offer to perform is not accepted by the Promisee. Then, it is called as Attempted performance or Offer to Perform or Tender.




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