PERFORMANCE OF CONTRACTS
{"Image DocumentName": "PERFORMANCE OF CONTRACTS", "Image ImageDescription": "Rules. The rules regarding assignment of contracts are summarised below : Contracts involving personal skill, ability, credit or other personal qualifications, cannot be assigned. The obligations under a contract, i.e., the burden and the liabilities under the contract cannot be transferred. A contract may be performed through the agency of a competent person, if the contract does not contemplate perfor\u00admance by the promisor personally.-Sec. 40. The rights and benefits under a contract (not involving personal skill or volition) can be assigned. The rights of a party under a contract may amount to an actionable claim or a chose-in-action . Assignment by operation of law occurs in cases of death or insolvency. THE TIME AND PLACE OF PERFORMANCE. General Rules. The time and the place of performance of a contract are matters to be determined by agreement between the parties to the contract.- In sections 46 to 50 of the Indian Contract Act certain general rules have been laid down regarding the time and place of performance. They are as follows. Time for performance without application. time and. place, where time is specified. Application for performance to be at proper time and place. to appoint A reasonable place for the performance. manner and time prescribed or sanctioned by promisee.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}