NEW DELHI: A 54-year-old law dealing with specific fulfilment of a contract is set to be amended as part of government's ease of doing business policy.
The Union Cabinet today approved amendments to the Specific Relief Act, 1963.
It provides for law relating to certain kind of specific relief. The act is a remedy which aims at the exact fulfilment of an obligation or specific performance of the contract rather than grant of a general relief or damages or compensation. The Specific Relief Act has not been amended since its inception.
The amendments propose that after two parties enter into an agreement and one of the parties breaks the contract, the affected party will have the freedom to get the contract executed by a third party.
Also, the affected party can get costs and other expenses recovered from the party which broke the agreement, a senior government functionary explained.
In case the contract relates to infrastructure projects, the court would grant injunction after satisfying itself that it would not cause any impediment or delay in the progress or completion of the project.