alone. It reacts on the
entire people in the country, on their economic conditions, on
employment or standard of living, on everything that
conduces ... which it is a member as well as by its
economic performance." That is why it is regarded as one of
the paramount objectives
their individual performance (PP) and team award based on Economic Value
Added (EVA) and business performance. The two schemes were extended to
the employees ... individual performance (PP) and team award based on EVA
(Economic Value Added) and business performance. Therefore, as per terms
of 31- A of the Payment
Commercial Impossibility is not frustration ':
So far as economic authorities go, no change in economic conditions, however serious, and however deeply it may affect ... doctrine of impossibility of performance or frustration cannot be applied to cases of commercial transactions. Impossibility of performance cannot be called commercial impossibility. Mere commercial
perform his part of the contract.
(iii) Every suit for specific performance need not be decreed merely because it is filed within the period ... reality arising from this economic change cannot continue to be ignored in deciding cases relating to specific performance. The steep increase in prices
M/S. Ramgopal Estates Pvt. Ltd vs The State Of Tamil Nadu on 2 March
preparation of plans for economic
development and social justice; (b) the implementation of schemes for
economic development and social justice as may be entrusted ... respect to— (i) the preparation of plans for economic
development and social justice; (ii) the performance of functions and the
implementation of schemes
respect to-
(i) The preparation of plans for economic development and social justice;
(ii) The performance of functions and the implementation of schemes ... with respect to the preparation for the plans for economic development and social justice, the performance of functions and the implementation of schemes
respect to
(i) the preparation of plans for economic development and social justice;
(ii) the performance of functions and the implementation of schemes ... provided for bye-law and for the due
performance of duties assigned to them.
26. By a combined reading of Sections
practicable to repair the machinery economically to enable it to give guaranteed performance [Vide Ex.P33-Engineer's certificate]. Therefore, the machine
respect to--
(i) the preparation of plans for economic development and social justice;
(ii) the performance of functions and the implementation of schemes
