failure of which
will result into forfeiture of deposit, penal interest, liquidated
damages etc.
(ii) Clause 4 of the Supplemental Agreement dated 20.03.2012
leads largely ... Real Estate project, there is always a
clause for liquidated damages and the same may be either in
the percentage form or sometime even other
never raised the issue of delay and the
consequent claim of liquidated damages during the course of fifteen
revisions of the work orders extending ... that the Corporate Debtor could not
agitate the claim of liquidated damages against the Operational Creditor
after the release of two bank guarantees towards
allow interest-
i). In any proceedings for recovery of any debt or damages or
in any proceedings in which a claim for interest in respect ... debt or damages already paid is made, the court may, if
it thinks fit, allow interest to the person entitled to the debt or
damages
breach of contract the
maximum entitlement of an employee is for damages i.e not for specific
performance of continuation of the contract of service ... above that even presuming there was breach of
contract, at best reasonable damages can be granted and once there is a clause
for termination
accounts.
Respondent No. 2's attachment order pertains solely to damages and
interest after the Corporate Debtor had settled the principal amounts.
Despite this ... also overlooked that
Respondent No. 2's attachment pertained only to damages and interest after
the CD had settled the principal PF liability
contractual obligation for interest and
corresponding compensatory nature of `damages' in the form of `interest'
sought. But, the `Adjudicating Authority' / `Tribunal ... Learned Counsel for the Appellant, projects an argument that
`any Claim for damages, in the form of Interest, as per Section 61 of the
Sale
additional amount of interest under Section 7
(Q) of EPF Act and damages chargeable under Section 14B of EPF Act. As
both appeals arise from ... stated that the
amount paid by the Appellant had been adjusted towards damages,
interest, short remittance, and contributions, pursuant to an order
dated 06.04.2021 passed
additional amount of interest under Section 7
(Q) of EPF Act and damages chargeable under Section 14B of EPF Act. As
both appeals arise from ... stated that the
amount paid by the Appellant had been adjusted towards damages,
interest, short remittance, and contributions, pursuant to an order
dated 06.04.2021 passed
failure of which
will result into forfeiture of deposit, penal interest, liquidated
damages etc.
(ii) Clause 4 of the Supplemental Agreement dated 20.03.2012
leads largely ... Real Estate project, there is always a
clause for liquidated damages and the same may be either in
the percentage form or sometime even other
Appellant submitted that the damages and provisional costs and
charges are purely for the purpose for the benefits of the Respondents and
therefore should have ... Section 36(4)
of the Code.
18. The Appellant also pleaded that damages as provided under Section 14B
of the EPF Act being statutory dues