that it is the duty of the court not to
enforce the penalty clause but only to award reasonable
compensation has been held ... that it is the duty of the court not to enforce the penalty clause but only
ARB No 584281/2016 Union of India
been a pre-estimate and the clause
providing for forfeiture of bank guarantee was definitely by way of
penalty.
That being the case, the aggrieved ... alia held that it was duty of the
Court not to enforce penalty clause but only to award a
reasonable compensation, which had been held
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
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
that it is the duty of the court not
to enforce the penalty clause but only to award reasonable compensation
has been held
that it is the
duty of the court not to enforce the penalty clause but only to award
reasonable compensation has been held
that it is the duty of the court not to enforce the penalty clause but only
to award reasonable compensation has been held
that it is the duty of the court not to enforce the penalty clause but only
to award reasonable compensation has been held
that it is the
duty of the court not to enforce the penalty clause but only to award
reasonable compensation has been held