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money or other property already delivered. Duty not to enforce the penalty clause but only to award reasonable compensation is statutorily imposed upon courts ... under a contract and the courts have been enjoined not to enforce penalty clause but only to award reasonable compensation. j). The proposition has been

M.C. Luthra vs Ashok Kumar Khanna on 27 February, 2018 Author: Valmiki J.Mehta

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

Rakesh Kumar Vats vs Vinod Kumar Chahel on 9 July, 2018 Equivalent citations: AIRONLINE 2018

Rajbir Singh & Anr vs Jaswant Yavdav on 14 May, 2018 Author: Valmiki J.Mehta

money or other property already delivered. Duty not to enforce the penalty clause but only to award reasonable compensation is statutorily imposed upon courts ... clause providing for forfeiture of earnest money was a penal clause. A clause in the nature of penalty could not have been enforced

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

Arun Khanna vs Sumit on 17 December, 2018 Equivalent citations: AIRONLINE 2018 DEL 2852 Author

Anoop Singh vs Gopal Krishan Bhuradia & Anr on 5 July, 2018 Equivalent citations: AIRONLINE