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There is evidence of manipulating act of fraudulent misappropriation.

However, every act of breach of trust may not be resulted in a penal offence of criminal breach of trust. Breach of Trustīreach of trust in legal contexts means to break the rules of a trust or a person taking advantage of property given to them for a period of time.Ī breach of trust occurs when someone is entrusted with a certain duty, and then proceeds to breach that duty. Breach of Trust is a part of Criminal Law. The parties involved in a breach of contract may resolve the issue among themselves, or in a court of law.įor Example : X agreed to sell 100 bags of rice to Y for ₹10,000 to be delivered on 15 th April. On 15 th April, X refused to deliver the goods.

Remedies like right to claim damages, file a suit for specific performance, suit for injunction etc. It gives the aggrieved party many remedies. It is a part of contract law. A breach of contract can happen in both a written and an oral contract. When a party to the contract fails or refuses to perform his part of the contract or by his act makes it impossible to perform his obligations under the contract, he is said to have committed breach of contract. When at least one party doesn’t fulfill his or her commitments under the contract, breach of contract comes into the picture.

It can be explained as the violation of any term or condition of a binding agreement. In contract law, breach of contract is also called as breach of agreement.