Arun Khanna vs Sumit on 17 December, 2018
"66. There is another aspect of the matter which cannot be lost
sight of. If damages cannot be calculated and the terms of the contract
provides therefor only for penalty by way of liquidated damages,
having regard to the provisions contained in Section 74 of the Indian
Contract Act a reasonable sum only could be recovered which need
not in all situations even be the sum specified in the contract. (See
Maula Bux vs. Union of India and Shree Hanuman Cotton Mills vs.
Tata Air Craft Ltd.)