stipulation in a contract in terrorem is a penalty and the
Court refuses to enforce it, awarding to the aggrieved party
only reasonable compensation ... money or other property already delivered. Duty not
to enforce the penalty clause but only to award reasonable
compensation is statutorily imposed upon courts
contains any other
stipulation by way of penalty" comprehensively
applies to every covenant involving a
penalty whether it is for payment on breach ... money or
other property already delivered. Duty not
to enforce the penalty clause
contains any other stipulation by way of penalty"
comprehensively applies to every covenant involving a penalty
whether it is for payment on breach ... money or other
property already delivered. Duty not to enforce the penalty clause
but only to award reasonable compensation is statutorily imposed
upon Courts
M.C. Luthra vs Ashok Kumar Khanna on 27 February, 2018
Author: Valmiki J.Mehta
V.K. Ashokan vs Asstt. Excise Commnr. & Ors on 5 March, 2009
Author: S
seminal pronouncement.
15. The duty of the court not to enforce the penalty clause but only to
award reasonable compensation has been held
contains any other stipulation by way of penalty" comprehensively applies to every covenant involving a penalty whether it is for payment on breach ... money or other property already delivered. Duty not to enforce the penalty clause but only to award reasonable compensation is statutorily imposed upon courts
contains any other stipulation by way of
penalty" comprehensively applies to every
covenant involving a penalty whether it is for
payment on breach ... money or other property already delivered.
Duty not to enforce the penalty clause but only to
award reasonable compensation is statutorily
imposed upon courts
Vandana Jain vs Rita Mathur And Ors. on 20 April, 2018
Equivalent citations: AIRONLINE 2018
money or
other property already delivered. Duty not to enforce the penalty
clause but only to award reasonable compensation is statutorily
imposed upon courts ... stipulation in a contract in terrorem is a penalty and
the Court refuses to enforce it, awarding to aggrieved party only
reasonable compensation. The Indian
