executory contract meaning in Hindi

Examples

1. However, anticipatory repudiation only applies to a bilateral executory contract with non-performed duties on both sides.
2. While the bankruptcy process allows companies to reject certain so-called executory contracts, there are special rules governing the ability to jettison union labor agreements.
3. In bankruptcy, some regions will interpret it as an executory contract that can be rejected, while others will treat it as a debt to be paid out of the bankruptcy trust.
4. General bankruptcy principles hold that executory contracts are avoidable in practice, because neither party has fulfilled its part of the bargain and thus breach by either party only gives rise to expectation damages.
5. -Provide specific rules on assumption or rejection of outstanding contracts, including contracts to extend credit, unexpired leases and other executory contracts and personal services contracts and make them applicable to both re-organisation and liquidation proceedings.
6. :I don't know if this helps, but from following AnonMoos's link and the things linked from that, it looks like Executory contract is the most relevant term, and seems to be a productive google search string.
7. As for the sale of land under an executory contract, traditional case law agrees that ademption occurs upon the death of the testator and that the proceeds of sale, when the closing occurs, should not pass to the specific devisee of the property.
8. :: Actually as stated in the article, an executory contract is a contract that hasn't yet been performed or executed, so I don't think it's particularly relevant & mdash; though the reading was interesting at your link . talk ) 20 : 15, 13 January 2012 ( UTC)
9. If a creditor is a general unsecured creditor and there is not enough money, they usually are not paid; so as a matter of practical economics, if the downturn in a company's fortunes which resulted in bankruptcy makes the performance of an executory contract less valuable than its breach, the rational company would breach.