true that the damages which are
claimed are liquidated damages under Clause 14,
but so far as the law in India is concerned, there ... 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
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K. Kallaiah vs Ningegowda on 13 April, 1981
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K.Paramasivam vs G.Lakshminarayanan on 15 March, 2012
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