Contracts

Shruti Jhanwar (Querist) 16 December 2015 This query is : Resolved
What is the difference between executed and executory contracts? If a contract has been fully performed by one party and not at all performed by another, under which category will it fall? If both parties have done a part and some part of performande is left to be done, then under which category will it fall? If one party is still doing and the other party has not done anything yet, then under which caregory it will fall?

Follow Query

Report Abuse

Chanchal Nag Chowdhury (Expert) 16 December 2015
Executed contracts are those which have been performed, satisfied & discharged. Anything else is executory i.e.,in the process of execution.

Shruti Jhanwar (Querist) 16 December 2015
Can you give me the link of any website or the name of nay book where you have found this?

Adv. Yogen Kakade (Expert) 16 December 2015
Hi,
You can refer Indian Contract Act 1872.. you will easily find it.
Adv. Yogen Kakade
Jurycon Incorporation
Advocates & Consultants
Email: juryconincorporation@gmail.com
Web: www.juryconn.in Call: 020-65248888