The business transactions have been an important mode of
interaction between different strata of people. The parties
involved therein are often confronted with the challenges posed by
changing circumstances resulting in clash of view-points.
Difference may result in delayed performance, termination of
agreement, etc. Remedies available for the losses incurred due to
improper discharge of an agreement include equitable remedy of law
for the breach committed, injunction, compensation in the form of
damages or requiring specific reliefs applicable.
The Specific Relief Act, 1963
In order to ensure the specific relief to the individuals or
entities in furtherance to the enforcement of their civil rights,
the Specific Relief Act, 1968 (hereinafter referred to as the
"Act") was introduced. In certain cases where no amount
of compensation or any other legal remedy can mitigate losses of
the suffering party, such party may seek relief requiring
performance of the specific
