accord and satisfaction meaning in Hindi

Noun • समझौता और तुष्टि	• एवजी राजीनामा

accord: सहानुभूतिपूर्ण
and: तथा एवं और एवं औ और
satisfaction: चैन तसल्ली तुष्टि

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An exception to this rule holds for settlements, such as an accord and satisfaction.
Traditional court rulings have treated the tender of the check as the offer of an accord and satisfaction.
An exception to the rule of adequacy is money, whereby a debt must always be paid in full for " accord and satisfaction ".
Gamble of course argued that the banking of the cheque was accord and satisfaction for the account and denied any liability for the remaining balance.
In these circumstances there was no true accord so as to found a defence of accord and satisfaction : see " Day v McLea ".
If the lender agrees to reduce the closing costs by an extra $ 1000 and the borrowers agree, then there has been an accord and satisfaction.
"' Dunrae Manufacturing Ltd v CL North & Co Ltd "'1988 ] 2 NZLR 602 ] is a prominent case regarding [ [ accord and satisfaction and its application in New Zealand.
If the borrowers later sue for breach of contract, the settlement ( offer and acceptance of the $ 1000 ) constitutes an accord and satisfaction and is a valid defense to the borrower's lawsuit.
""'D & C Builders Ltd v Rees " "'[ 1965 ] EWCA Civ 3 is a leading English contract law case on the issue of part payment of debt, estoppel, duress and just accord and satisfaction.
""'HBF Dalgety Ltd v Morton " "'[ 1987 ] 1 NZLR 411 is a leading case in New Zealand regarding accord and satisfaction; it reinforces the English case of " Foakes v Beer " in New Zealand.

noun.

the settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt