What is discharge of contract?


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Discharge of contract means termination of the contractual relationship between the parties. A contract is said to be discharged when it ceases to operate, i.e. when the rights and obligations created by it come to an end.

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A contract may be discharged

  1. By Performance
  2. By Agreement or Consent
  3. By impossibility
  4. By Lapse of Time
  5. By operation of Law
  6. By Breach of Contract
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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

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