statutory liability. He further submitted that as per the Contract Act , liquidated damages accrue only when the liability is adjudicated upon. In this connection ... liquidated damages stand on the same footing as a claim for unliquidated damages. A claim for unliquidated damages does not give rise to a debt
damages for breach of the contract between the parties. Now, it is true
that the damages which are claimed are liquidated damages under
Clause ... claim whether it be for
liquidated damages or for unliquidated damages. Sec. 74 of the Indian
Contract Act eliminates the some-what elaborate refinements made
damages for breach of the contract between the parties. Now, it is true
that the damages which are claimed are liquidated damages under
Clause ... claim whether it be for
liquidated damages or for unliquidated damages. Sec. 74 of the Indian
Contract Act eliminates the some-what elaborate refinements made
awarded by the GAFTA under the arbitration award were therefore, unliquidated damages for breach of contract. As indicated earlier the assessee challenged the legality ... these facts the conclusion is irresistible that the liability for the unliquidated damages is inchoate, uncertain and disputed liability and the ambit of the dispute
breach of contract. A contract may provide for unliquidated damages in the event of its breach, or again it may provide for liquidated ... damages for its breach. It is well-settled that a claim for liquidated damages stands on the same footing as a claim for unliquidated damages
damages for alleged breach of contract is essentially an action for unliquidated damages and therefore cannot be said to be a "Debt ... Bank, the defendants failed to supply, and the claim is for unliquidated damages. Observations made by the Supreme Court in the case of United Bank
loss of Rs.6,25,000/- and claimed aforesaid loss along with unliquidated damaged Rs.12,50,000/-.
4. Complaint
No. 19/08 dated ... compensation
and Rs.7,00,000/- as unliquidated damages.
6. Complaint
No. 21/08 dated 11.01.08 Complainant
purchased 3950 shares of ICRA
Asst. Cit, Circle-2, Pune vs Shri Rajendra Sitaram Goel, Pune on 9 January, 2017
High Court held that in the case of claims for unliquidated damages, the right to receive the amount accrued on the date, decree was passed ... Kerala High Court held that the liability to pay unliquidated damages would arise or be crystallized private negotiation or by an arbitrator
lakh, on account of payment of capital gain tax.
(d) Unliquidated damages of Rs.20 lakhs on account of increase in prices of flats ... lakhs on account of payment of capital gain tax and (4) unliquidated damages of Rs.20.00 lakhs.
12. The proof of payment