Indian Kanoon - Search engine for Indian Law

M/S Starnet Marketing Private Ltd vs The State Of Bihar on 9 February, 2024

paid in case of breach, and stipulations by way of penalty. 9. The second clause of the contract provides that if for any reason ... money or other property already delivered. The duty not to enforce the penalty clause but only to award reasonable compensation is statutorily imposed upon

contract 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

Jinmangal Corporation vs Ahmedabad Urban Development Authority on 25 August, 2021 Author: J.B.Pardiwala

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

party honours his obligations duly and promptly. 38. The enforceability of such a clause in a contract is to be traced to Section ... report, while following Fateh Chand, that "duty not to enforce the penalty clause, but only to award reasonable compensation is statutorily imposed upon Courts

breach of a stipulation by way of penalty is by Section 74 reasonable compensation not exceeding the penalty stipulated for is to be made. Then ... property already delivered, casts a duty upon courts not to enforce the penalty clause but only to award reasonable compensation, as statutorily imposed upon them

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