India – Corporate Update: Amendments to the Specific Relief Act - Specific Performance Now a General Remedy

    View Author October 2018

    The Specific Relief (Amendment) Act, 2018 (Amendment Act), which amends the existing Specific Relief Act, 1963 (SRA), has introduced significant changes in the law on specific relief in contractual relationships in India.

    The Amendment Act flows from the recommendations of an expert committee’s report on the SRA. The objective of the committee and the Amendment Act is to revise key provisions of the SRA to make it more effective and business friendly for ease of doing business. The Amendment Act received the assent of the President of India on August 1, 2018 and came into force with effect from October 1, 2018.