Performance law

HARENDRA S SINGH (Querist) 22 July 2014 This query is : Resolved
Dear Sir

What is performace law?

Regards
Harendra

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Devajyoti Barman (Expert) 23 July 2014
Academic query...........

Guest (Expert) 23 July 2014
Discuss the problem, if you really have, rather than posting academic query.

ajay sethi (Expert) 23 July 2014
academic query

Rajendra K Goyal (Expert) 23 July 2014
Academic query.

HARENDRA S SINGH (Querist) 23 July 2014
We have given our bldg. to developer for redevlopment.but due to change in Mhada policy of stock option he is not started work.Builder is saying that he have loss due to stock option of Mhada.when i have asked to architect department of Mhada they are saying as builder have no loss as we are demanding stock instead of Premium.

I have listen from my friend that as per law of performance he have to start the work,if he is not performing than he is in fault.

1. sir I want to know that what is this law of performance ? or this is only in general ?

2.sir, is there any rule in redevlopment of Mhada bldg. as developer have liability of paying rent upto 2yrs only,even if he is not given possession ?

Regards
Harendra