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Q.Joint development

Q. Joint development

Non performance of obligation mentioned in joint development agreement
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A. Explain what you want to say.

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VIMAL K MISHRA

Experience: 15 Year(s)

Responded 7 months ago

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A. Give a legal notice to either to honour the JDA within a statutory time period of 30 days else it get cancelled. If they don't you can file a civil suit for cancellation of the JDA and seek damages.

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ROBERT D ROZARIO

Experience: 15 Year(s)

Responded 7 months ago

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A. I got your question and I know what you want to clarify. If any such kind of condition mention in any agreements that agreements are voidable.When you enter into a contract you are legally obligated to perform your contractual duties—that is, do what you promised to do in the contract. Nonperformance is the failure to fulfill your obligations under a contract. However, you do not have to perform your promises under a contract until performance is due. But there can be cases where a contract is breached before the time for performance comes. This occurs when one party decides before performance is due that he or she will not perform as promised and communicates the decision to the other party. The second party can sue the first party for breach of contract even though the time for performance has not arrived. This is called anticipatory breach of contract. So remedy is that you should be inform other party to alter or repeal this clause from agreement and proceed.

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Deepak Bade

Experience: 9 Year(s)

Responded 7 months ago

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A. It's incomplete questions ask the specific questions as to guide you in proper way and manner

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Khansaeed Pathan

Experience: 10 Year(s)

Responded 7 months ago

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