SRA Flashcards
sec3a
states that SRA will not impede on the remedies for breach and will be an additional remedy over the damages provided by court
sec4
- Specific relief to be granted only for enforcing individual civil rights and not for enforcing penal
laws. —
sec10 significance?
specific performacne is mandatory and will be a deterrent to companies that think its more cost effective to breach than perform
mutuality is necessary . The doctrine of mutuality states that each party must be able to enforce the contract against
the other
Sec11 ? breach of trust
Except as otherwise provided in this Act, specific performance of a contract [shall] be enforced when
the act agreed to be done is in the performance wholly or partly of a trust.
2. A contract made by a trustee in excess of his powers or in breach of trust cannot be specifically enforced
sec12
part performance is usually not allowed but can be if: sec12
relief- if promisor has recognised part performance not possible- he will admit compensation for unperformed part- court will order as much performance as possibel
- the suit can be filed byANY party
Essentials of part performance under Section 12(3)
(i) A party to contract fails to perform a part of the contract
(ii) Unperformed part forms a considerable part of the whole contract in value
(iii) The promisor may or may not have admitted compensation for unperformed part
(iv) The suit for specific performance can be filed only by the affected party thus sec12(3) is beneficial to the buyer
part performance of small portion of ocntract
Either party
may obtain
specific
performance
If the defaulting party admits of compensation in money court may allow performance so far as possible and award compensation for the remaining portion.
if part performance is large part of contract- and defaulting party admits to money
the court may direct defaulter to perform as much as possible and then - pay agreed consideration.
- relenquich all claims to performing rest of the contract
-relinquish rights to compensation either through defeciency or loss sustained by damage caysed by him through defaulting
if part performance is large part of contract- and defaulting party does NOT admit money
- court may direct performance of as much of the contract as possible-
- pay the consideration for the
whole of the contract without any abatement - relinquish claim to performance of contract and any rights to compensation
sec13
if purchaser/lesee contracts with somebody that has an imperfect title:
1.Where the vendor or lessor has subsequently to the contract acquired any interest in the property, the
purchaser or lessee may compel him to sell or let on hire such interest;
- Where the concurrence of other persons is necessary for validating the title the purchaser may compel him to procure the concurrence
- Where the vendor professes to sell unencumbered property The purchaser may compel the vendor to redeem the mortgage and obtain a valid discharge, as well as conveyance .
Where the vendor or lessor sues for specific performance of the contract and the suit is dismissed on the
ground of his want of title or imperfect title, the defendant has a right to return of his deposit, if any,
with interest thereon
sec14- substituted performance
if A breaches contract and the B gets substituted performance then A cannot file for SRA bec no releif will be granted
sec14(2) A contract that requires continual fulfilment of a duty that the court cannot supervise cannot be explicitly
enforced
14(3) A contract of service depends on the personal volition of the parties and, therefore, the same cannot be
specifically enforced either by the master or the servant.
sec15
parties who can claim specific performance (privity of contract)
exceptions to privity o f contract
- if the contract is related to family settlements/beneficiaries
- representatives in interest
(like administrator of estate in beswick v beswick)
- amalgamating company can sue for SRA
- an asignee (a sells jewellry to b with rights to repurchase, A gives x rights to repurchase- x can now repurchase and enforce contract and also sue in breach)
UNLESS- the contract has a clause saying that interest shall not be assigned or if it is a personaly quality like skill which is a material ingredient
reversion v remainder
The difference between a reversion and a remainder, is that in reversion the particular estate will fall into
the possession of the original grantor or his representative after the death of the tenant for life, whereas in
remainder the estate which under the same circumstances will fall into the possession of a person other
than the original grantor
RECESSION?
27-30
sec27
recsission may be granted or refused
- may be granted if the contract
1. is voidable or terminable by plaintiff
2. contract is unlawful for causes not apparent and defendant is more at fault
rescission may not be granted:
- plaint has ratified contract
- position of parties/ circumstances have changed and owing to nature of contract and then parties cannot substationally have position restored.
- where 3rdf party has acquired rights in good faith
- where the part of contract to be rescinded is not severable from the rest of the contract
also right to rescission must be excersised within reasonable time - limitation is now 3 years
sec28- rescission for immovable property
The objective of Section 28 is to allow rescission of the contract, after the decree for specific
performance has failed to provide the desired results. However, a separate suit has not to be filed to seek
rescission of contract.
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sec28 states that purchasor doesnt pay money ordered by court to pay, the vendor may rescind the contract and move forward with - restoration of posession, refund of money , restore any benefits, and giving compensation