LITEM - Key Persons

Job Titles:

• Patent & Forensic Consultant

With expertise in IP law and contract drafting, Adv. Kanchan Manhas helps protect your rights. She also handles criminal complaints under Sec 138 NI Act, delivering strategic, result-driven legal solutions. Associate

Minor Breach: In the contract, the roles and responsibilities of the involved parties are clearly mentioned. Unfortunately, one party fails to fulfil a minor or small insignificant part of their responsibilities said to be a Minor breach of contract. This breach is also known as a partial breach and immaterial breach. A breach of contract may inconvenience the non-breaching party, but it does not prevent them from fulfilling their own obligations. However, the non-breaching party have the right to file sue for damages caused by the breach. Material Breach: The material breach of a contract is a serious and substantial failure by one party to fulfil a fundamental obligation. Unlike minor breaches, material breaches cause substantial harm to the other party, depriving them of the benefits they were expecting. An individual who breaches a contract may seek legal remedies, such as suing for damages or terminating the agreement when the contract is materially breached. Anticipatory Breach: Anticipatory Breach occurs when either of the parties acknowledges its inefficiency in fulfilling the contract before the end of the agreed time frame. The party can do so by directly informing the other party or by showing significant gestures. This Breach has not taken place yet but is a high chance of happening soon. Actual Breach: When one party fails to perform their obligations under a contract at the time specified, it is known as an actual breach. Actual breaches occur after the performance deadline has passed, unlike anticipatory breaches which occur before the performance is due.